How These National Investment Brokerage Stocks are Performing? -- TD Ameritrade, Cowen, Nomura, and Raymond James Financial

NEW YORK, August 2, 2016 /PRNewswire/ --

Stock-Callers.com looks at the Investment Brokerage industry, which continues to battle with persistent interest rate stability and regulatory changes. Stocks in review today are TD Ameritrade Holding Corp. (NASDAQ: AMTD), Cowen Group Inc. (NASDAQ: COWN), Nomura Holdings Inc. (NYSE: NMR), and Raymond James Financial Inc. (NYSE: RJF).  Register now and get full and free access to our downloadable research reports on these stocks at:

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TD Ameritrade Holding  

On Monday, shares in Omaha, Nebraska headquartered TD Ameritrade Holding Corp. recorded a trading volume of 1.89 million shares. The stock ended the session 0.89% lower at $30.09. The Company's shares have gained 5.65% in the last one month and 0.30% in the previous three months. The stock is trading 0.56% above its 50-day moving average. Moreover, shares of TD Ameritrade Holding, which provides securities brokerage services and related technology-based financial services to retail investors, traders, and independent registered investment advisors in the U.S., have a Relative Strength Index (RSI) of 51.21.

On July 19th, 2016, TD Ameritrade Holding released its results for Q3 FY16. The company gathered approximately $14 billion in net new client assets, and reported 462,000 client trades per day, on average, resulting in growth for each of its core revenue streams. TD Ameritrade recorded $0.45 in earnings per diluted share on net income of $240 million, up 25% y-o-y and inclusive of a favorable $33 million, or $0.06 per share, tax liability adjustment. The company also reported net revenues of $838 million, 56% of which were asset-based.

On July 20th, 2016, research firm Deutsche Bank downgraded the Company's stock rating from 'Buy' to 'Hold', issuing a target price of $31 per share. Access our complete research report on AMTD for free at:

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Cowen Group  

New York headquartered Cowen Group Inc.'s stock closed the day 2.24% lower at $3.05 and with a total volume of 701,367 shares traded. The Company's shares have advanced 3.04% in the past month. The stock is trading 4.55% below its 50-day moving average. Additionally, shares of Cowen Group, which through its subsidiaries, provides alternative investment management, investment banking, research, and sales and trading services for its clients, have an RSI of 45.61.

On July 20th, 2016, research firm Sandler O'Neill downgraded the Company's stock rating from 'Buy' to 'Hold'.

On July 29th, 2016, Cowen Group announced that its board of directors has declared a quarterly cash dividend of $14.06 per share on the Company's 5.625% Series A Cumulative Perpetual Convertible Preferred Stock. The quarterly dividend on the Convertible Preferred Stock is payable on August 15th, 2016, to holders of record at the close of business on August 1st, 2016. The complimentary research report on COWN can be downloaded at:

http://stock-callers.com/registration/?symbol=COWN


Nomura Holdings  

Shares in Tokyo, Japan headquartered Nomura Holdings Inc. recorded a trading volume of 522,414 shares and ended yesterday's trading session 4.03% lower at $4.29. The stock has advanced 22.22% in the past month and 1.66% over the previous three months. The Company's shares are trading above their 50-day moving average by 9.12%. Furthermore, shares of Nomura Holdings, which provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide, have an RSI of 62.94.

On July 08th, 2016, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'.

On July 28th, 2016, Nomura Holdings announced its consolidated financial results for Q1 of fiscal year ending March 31, 2017. The company's net revenue was 338.5 billion yen (US$3.3 billion) for Q1, income before income taxes was 62.8 billion yen (US$611 million), and net income attributable to Nomura Holdings shareholders was 46.8 billion yen (US$456 million). Register for free on Stock-Callers.com and get access to the latest PDF format report on NMR at:

http://stock-callers.com/registration/?symbol=NMR


Raymond James Financial  

St. Petersburg, Florida headquartered Raymond James Financial Inc.'s stock finished the session 1.07% lower at $54.31 with a total volume of 458,926 shares traded. The Company's shares have advanced 10.16% in the last one month and 3.30% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 3.67% and 6.69%, respectively. Additionally, shares of Raymond James Financial have an RSI of 57.48.

On July 20th, 2016, Raymond James Financial reported quarterly net revenues of $1.36 billion and quarterly net income of $125.5 million, or $0.87 per diluted share, for the fiscal third quarter 2016. The company reported that excluding $13.4 million of acquisition-related expenses, adjusted net income for the quarter was $134.0 million, or $0.93 per diluted share, on a non-GAAP basis. Download your free research report on RJF at:

http://stock-callers.com/registration/?symbol=RJF

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