Nomura Holdings Inc ADR (NMR)

Nomura VIP Asset Strategy Series holds 38,088 shares of KLA Corp (KLAC), valued at $11.49 million, representing 3.01% of their portfolio. The series has engaged in multiple purchases and sales of KLAC since Q4 2022, accumulating an estimated gain of $127.52 million, or 787.54%, on its holdings.

Nomura Holdings Inc ADR (NYSE:NMR) has received an average "Buy" recommendation from five brokerages, with an average 12-month price target of $10.20. The company recently reported strong quarterly earnings of $0.30 per share on $4.19 billion in revenue, boasting an 8.09% net margin and 10.42% return on equity. Institutional investors, including Goldman Sachs and AQR Capital Management, have increased their holdings in Nomura, which has a market capitalization of $29.14 billion and a P/E ratio of 11.55.

Nippon Steel has reported a minor change in its shareholding, decreasing from 15.27% to 15.22%. This adjustment in ownership includes Nomura Securities as one of the involved stakeholders. The specific details of the transaction or the reasons for the change were not provided in this brief update.

Alibaba's share price dropped after a rights issue, but Nomura has reiterated a buy rating. The dilution from the rights issue is noted to be less than 4%. The primary reason for Alibaba opting for equity financing over debt was the high bond yields.

This article announces the establishment of new investment trusts, including "Nomura CIO Japan Equity Select (for Nomura SMA/EW)". These trusts were officially created today, signaling new offerings in the investment landscape.