Nationstar Mortgage Holdings Inc (NSM) : Sls Management added new position in Nationstar Mortgage Holdings Inc during the most recent quarter end. The investment management firm now holds 172,788 shares of Nationstar Mortgage Holdings Inc which is valued at $2,856,186 , the company said in a statement filed on Nov 14, 2016 with the SEC.Nationstar Mortgage Holdings Inc makes up approximately 5.09% of Sls Management’s portfolio.
Other Hedge Funds, Including , Highbridge Capital Management sold out all of its stake in NSM during the most recent quarter. The investment firm sold 14,942 shares of NSM which is valued $250,727.Diamond Hill Capital Management Inc reduced its stake in NSM by selling 549,923 shares or 7.02% in the most recent quarter. The Hedge Fund company now holds 7,289,117 shares of NSM which is valued at $120,926,451. Nationstar Mortgage Holdings Inc makes up approx 0.74% of Diamond Hill Capital Management Inc’s portfolio. Blackrock Japan Ltd added NSM to its portfolio by purchasing 662 company shares during the most recent quarter which is valued at $10,473. Quantitative Investment Management added NSM to its portfolio by purchasing 29,800 company shares during the most recent quarter which is valued at $448,490. Nationstar Mortgage Holdings Inc makes up approx 0.02% of Quantitative Investment Management’s portfolio.
Nationstar Mortgage Holdings Inc closed down -0.07 points or -0.42% at $16.51 with 6,88,362 shares getting traded on Monday. Post opening the session at $16.56, the shares hit an intraday low of $15.95 and an intraday high of $16.6 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Nationstar Mortgage Holdings Inc reported $0.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Nov 2, 2016. Analyst had a consensus of $0.41. The company had revenue of $542.00 million for the quarter, compared to analysts expectations of $546.65 million. During the same quarter in the previous year, the company posted $0.30 EPS.
Many Wall Street Analysts have commented on Nationstar Mortgage Holdings Inc. Nationstar Mortgage Holdings Inc was Initiated by Nomura to “Buy” on Oct 26, 2016. Nationstar Mortgage Holdings Inc was Initiated by Piper Jaffray to “Neutral” on Sep 9, 2016.
Nationstar Mortgage Holdings Inc. (Nationstar) is a real estate services company engaged in delivery of servicing origination and transaction-based services to single-family residences throughout the United States. Its segments are: Servicing Originations and Solutionstar. The Company provides residential mortgage servicers in the United States conducting operations through its Nationstar Mortgage and Champion Mortgage brands. Solutionstar is the Companys technology and services segment which provides technology and data solutions to homebuyers home sellers real estate agents and companies that engage in the origination and servicing of loans. It caters to homeowners homebuyers and home sellers.