Donald Smith & CO. Inc. Invests $33.78 Million in Nomura Holdings, Inc. (NYSE:NMR)

Donald Smith & CO. Inc. bought a new stake in Nomura Holdings, Inc. (NYSE:NMR) during the third quarter, according to its most recent filing with the SEC. The firm bought 6,471,782 shares of the financial services provider’s stock, valued at approximately $33,783,000. Donald Smith & CO. Inc. owned about 0.22% of Nomura at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new stake in Nomura during the second quarter valued at about $34,000. Allspring Global Investments Holdings LLC acquired a new stake in Nomura in the 1st quarter valued at approximately $45,000. Sage Mountain Advisors LLC bought a new position in Nomura in the 2nd quarter worth approximately $59,000. SYM FINANCIAL Corp acquired a new position in shares of Nomura during the second quarter worth approximately $59,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Nomura in the second quarter valued at approximately $60,000. Institutional investors own 15.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. assumed coverage on Nomura in a research note on Thursday, August 29th. They issued a “neutral” rating for the company. StockNews.com lowered shares of Nomura from a “buy” rating to a “hold” rating in a research report on Thursday, September 5th. Finally, Bank of America started coverage on shares of Nomura in a research note on Tuesday, October 22nd. They issued a “neutral” rating for the company.

Nomura Trading Down 1.5 %

Shares of NYSE:NMR traded down $0.08 during mid-day trading on Wednesday, reaching $5.18. The stock had a trading volume of 217,809 shares, compared to its average volume of 2,032,863. Nomura Holdings, Inc. has a twelve month low of $3.85 and a twelve month high of $6.62. The company has a current ratio of 1.11, a quick ratio of 1.16 and a debt-to-equity ratio of 7.24. The firm has a market cap of $15.39 billion, a PE ratio of 11.70, a price-to-earnings-growth ratio of 0.44 and a beta of 0.62. The firm has a 50 day simple moving average of $5.46 and a two-hundred day simple moving average of $5.70.

Nomura (NYSE:NMR) last released its quarterly earnings data on Tuesday, July 30th. The financial services provider reported $0.14 earnings per share for the quarter. The business had revenue of $7.81 billion for the quarter. Nomura had a return on equity of 6.09% and a net margin of 5.61%. On average, research analysts predict that Nomura Holdings, Inc. will post 0.56 EPS 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.