QRG Capital Management Inc. Sells 109,147 Shares of Nomura Holdings, Inc. (NYSE:NMR)

QRG Capital Management Inc. trimmed its stake in shares of Nomura Holdings, Inc. (NYSE:NMR) by 33.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 219,074 shares of the financial services provider’s stock after selling 109,147 shares during the quarter. QRG Capital Management Inc.’s holdings in Nomura were worth $1,268,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Fisher Asset Management LLC grew its position in shares of Nomura by 20.2% in the third quarter. Fisher Asset Management LLC now owns 10,179,764 shares of the financial services provider’s stock valued at $53,138,000 after purchasing an additional 1,713,275 shares during the last quarter. FMR LLC grew its holdings in Nomura by 9.2% in the 3rd quarter. FMR LLC now owns 1,362,014 shares of the financial services provider’s stock valued at $7,110,000 after buying an additional 114,676 shares in the last quarter. Praetorian PR LLC increased its position in Nomura by 53.3% during the 3rd quarter. Praetorian PR LLC now owns 575,000 shares of the financial services provider’s stock worth $2,974,000 after buying an additional 200,000 shares during the period. Dorsey Wright & Associates lifted its holdings in shares of Nomura by 13.2% during the third quarter. Dorsey Wright & Associates now owns 492,063 shares of the financial services provider’s stock worth $2,568,000 after buying an additional 57,390 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in shares of Nomura by 32.9% in the third quarter. Cerity Partners LLC now owns 342,946 shares of the financial services provider’s stock valued at $1,790,000 after acquiring an additional 84,836 shares during the period. 15.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Nomura from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th.

Nomura Stock Up 1.1 %

NYSE NMR opened at $6.51 on Tuesday. The company has a current ratio of 1.17, a quick ratio of 1.11 and a debt-to-equity ratio of 7.52. The company has a market cap of $19.34 billion, a price-to-earnings ratio of 9.30, a PEG ratio of 0.30 and a beta of 0.66. The company has a 50 day moving average of $6.25 and a 200-day moving average of $5.86. Nomura Holdings, Inc. has a 1-year low of $4.66 and a 1-year high of $6.99.

Nomura (NYSE:NMR) last announced its quarterly earnings data on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.08. Nomura had a return on equity of 9.19% and a net margin of 7.96%. On average, equities research analysts expect that Nomura Holdings, Inc. will post 0.76 earnings per share for the current fiscal year.

About Nomura

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.