Morgan Stanley Upgrades Nomura Holdings Inc (NMR) to “Overweight”

Nomura Holdings Inc (NYSE:NMR) was upgraded by stock analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research note issued on Friday.

Several other brokerages have also recently issued reports on NMR. Nomura upgraded Nomura Holdings from a “sell” rating to a “neutral” rating in a research note on Sunday, December 11th. Zacks Investment Research cut Nomura Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, December 28th. Finally, TheStreet cut Nomura Holdings from a “c” rating to a “d+” rating in a research note on Tuesday, January 31st. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Nomura Holdings currently has a consensus rating of “Hold” and a consensus price target of $5.00.

Analyst Recommendations for Nomura Holdings (NYSE:NMR)

Shares of Nomura Holdings (NYSE:NMR) opened at 6.64 on Friday. The stock has a market cap of $23.39 billion, a P/E ratio of 17.57 and a beta of 1.85. Nomura Holdings has a 1-year low of $3.33 and a 1-year high of $6.80. The firm’s 50-day moving average price is $6.56 and its 200 day moving average price is $5.61.

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Hedge funds have recently made changes to their positions in the stock. Aperio Group LLC boosted its stake in shares of Nomura Holdings by 33.6% in the third quarter. Aperio Group LLC now owns 1,894,907 shares of the company’s stock valued at $8,432,000 after buying an additional 476,253 shares during the last quarter. Thomas White International Ltd. boosted its stake in shares of Nomura Holdings by 15.4% in the third quarter. Thomas White International Ltd. now owns 1,160,479 shares of the company’s stock valued at $5,164,000 after buying an additional 154,928 shares during the last quarter. Capstone Asset Management Co. boosted its stake in shares of Nomura Holdings by 1.0% in the third quarter. Capstone Asset Management Co. now owns 331,382 shares of the company’s stock valued at $1,475,000 after buying an additional 3,390 shares during the last quarter. World Asset Management Inc boosted its stake in shares of Nomura Holdings by 8.1% in the third quarter. World Asset Management Inc now owns 255,695 shares of the company’s stock valued at $1,138,000 after buying an additional 19,097 shares during the last quarter. Finally, Comerica Bank boosted its stake in shares of Nomura Holdings by 12.7% in the fourth quarter. Comerica Bank now owns 217,288 shares of the company’s stock valued at $1,323,000 after buying an additional 24,428 shares during the last quarter. Institutional investors and hedge funds own 0.48% of the company’s stock.

About Nomura Holdings

Nomura Holdings, Inc (Nomura) is a financial services company. The Company, through its broker-dealer, banking and other financial services subsidiaries, provide investment, financing and related services to individual, institutional and government clients across the world. The Company’s segments include Retail, Asset Management and Wholesale.

5 Day Chart for NYSE:NMR

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