Nine Masts Capital LTD Trimmed Nomura Hldgs (NMR) Position by $1.56 Million as Stock Declined; As Transocean LTD (RIG) Stock Declined, Shareholder Midas Management Has Raised Its Holding

February 12, 2018 - By Louis Casey

Chao Ku decreased its stake in Nomura Hldgs Inc (NMR) by 37% based on its latest 2017Q3 regulatory filing with the SEC. Nine Masts Capital Ltd sold 311,368 shares as the company’s stock declined 8.30% while stock markets rallied. The hedge fund run by Chao Ku held 530,200 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $2.97 million, down from 841,568 at the end of the previous reported quarter. Nine Masts Capital Ltd who had been investing in Nomura Hldgs Inc for a number of months, seems to be less bullish one the $21.03 billion market cap company. The stock increased 0.67% or $0.04 during the last trading session, reaching $6. About 124,930 shares traded. Nomura Holdings, Inc. (NYSE:NMR) has risen 46.51% since February 12, 2017 and is uptrending. It has outperformed by 29.81% the S&P500.

Midas Management Corp increased its stake in Transocean Ltd (RIG) by 25.2% based on its latest 2017Q3 regulatory filing with the SEC. Midas Management Corp bought 63,000 shares as the company’s stock declined 20.06% while stock markets rallied. The institutional investor held 313,000 shares of the oil & gas production company at the end of 2017Q3, valued at $3.37M, up from 250,000 at the end of the previous reported quarter. Midas Management Corp who had been investing in Transocean Ltd for a number of months, seems to be bullish on the $3.68 billion market cap company. The stock increased 0.53% or $0.05 during the last trading session, reaching $9.41. About 4.93 million shares traded. Transocean Ltd. (NYSE:RIG) has risen 15.86% since February 12, 2017 and is uptrending. It has underperformed by 0.84% the S&P500.

Among 6 analysts covering Nomura Holdings Inc (NYSE:NMR), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Nomura Holdings Inc had 9 analyst reports since July 23, 2015 according to SRatingsIntel. The company was downgraded on Monday, February 8 by Jefferies. On Friday, July 8 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. Jefferies upgraded the stock to “Hold” rating in Thursday, September 1 report. UBS downgraded the shares of NMR in report on Thursday, July 23 to “Neutral” rating. Deutsche Bank downgraded Nomura Holdings, Inc. (NYSE:NMR) on Monday, February 8 to “Hold” rating. The stock has “Overweight” rating by Morgan Stanley on Friday, March 17. The stock has “Neutral” rating by Jefferies on Monday, June 27. The stock of Nomura Holdings, Inc. (NYSE:NMR) has “Neutral” rating given on Friday, April 7 by Bank of America. The stock of Nomura Holdings, Inc. (NYSE:NMR) has “Neutral” rating given on Friday, July 29 by JP Morgan.

Nine Masts Capital Ltd, which manages about $674.93M US Long portfolio, upped its stake in Twenty First Centy Fox Inc (NASDAQ:FOX) by 41,287 shares to 1.16M shares, valued at $30.01M in 2017Q3, according to the filing. It also increased its holding in Momo Inc by 107,789 shares in the quarter, for a total of 108,134 shares, and has risen its stake in Alphabet Inc.

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