Oxford Asset Management buys $12,123,292 stake in Nationstar Mortgage Holdings Inc (NSM)

Nationstar Mortgage Holdings Inc (NSM) : Oxford Asset Management scooped up 355,013 additional shares in Nationstar Mortgage Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 794,449 shares of Nationstar Mortgage Holdings Inc which is valued at $12,123,292.Nationstar Mortgage Holdings Inc makes up approximately 0.48% of Oxford Asset Management’s portfolio.

Other Hedge Funds, Including , Timber Hill added NSM to its portfolio by purchasing 17,718 company shares during the most recent quarter which is valued at $271,440. Nationstar Mortgage Holdings Inc makes up approx 0.02% of Timber Hill’s portfolio.California Public Employees Retirement System boosted its stake in NSM in the latest quarter, The investment management firm added 17,100 additional shares and now holds a total of 40,300 shares of Nationstar Mortgage Holdings Inc which is valued at $564,603.

Nationstar Mortgage Holdings Inc opened for trading at $15.32 and hit $15.56 on the upside on Monday, eventually ending the session at $15.52, with a gain of 2.24% or 0.34 points. The heightened volatility saw the trading volume jump to 5,77,364 shares. Company has a market cap of $1,512 M.

On the company’s financial health, Nationstar Mortgage Holdings Inc reported $0.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.43. The company had revenue of $339.00 million for the quarter, compared to analysts expectations of $519.08 million. The company’s revenue was down -45.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.32 EPS.

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 Company’s 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.

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