Nationstar Mortgage Holdings Inc. (NSM) Position Trimmed by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL trimmed its holdings in shares of Nationstar Mortgage Holdings Inc. (NYSE:NSM) by 60.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,110 shares of the financial services provider’s stock after selling 40,349 shares during the period. Tudor Investment Corp ET AL’s holdings in Nationstar Mortgage Holdings were worth $467,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new stake in Nationstar Mortgage Holdings during the 1st quarter valued at $103,000. BNP Paribas Arbitrage SA increased its holdings in Nationstar Mortgage Holdings by 256.6% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,020 shares of the financial services provider’s stock valued at $108,000 after purchasing an additional 4,332 shares in the last quarter. Two Sigma Securities LLC acquired a new stake in Nationstar Mortgage Holdings during the 1st quarter valued at $161,000. Stifel Financial Corp increased its holdings in Nationstar Mortgage Holdings by 10.5% during the 1st quarter. Stifel Financial Corp now owns 13,125 shares of the financial services provider’s stock valued at $207,000 after purchasing an additional 1,245 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in Nationstar Mortgage Holdings by 33.7% during the 1st quarter. Legal & General Group Plc now owns 13,848 shares of the financial services provider’s stock valued at $219,000 after purchasing an additional 3,487 shares in the last quarter. 99.01% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION NOTICE: “Nationstar Mortgage Holdings Inc. (NSM) Position Trimmed by Tudor Investment Corp ET AL” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright laws. The original version of this piece can be accessed at https://ledgergazette.com/2017/10/11/nationstar-mortgage-holdings-inc-nsm-position-trimmed-by-tudor-investment-corp-et-al.html.

NSM has been the subject of a number of recent analyst reports. BidaskClub raised Nationstar Mortgage Holdings from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. TheStreet raised Nationstar Mortgage Holdings from a “d+” rating to a “c-” rating in a report on Monday, June 26th. Zacks Investment Research raised Nationstar Mortgage Holdings from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 5th. Piper Jaffray Companies reissued a “sell” rating and issued a $15.00 target price on shares of Nationstar Mortgage Holdings in a research note on Thursday, August 3rd. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $20.00 target price on shares of Nationstar Mortgage Holdings in a research note on Thursday, September 14th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $18.50.

Shares of Nationstar Mortgage Holdings Inc. (NSM) opened at 18.61 on Wednesday. Nationstar Mortgage Holdings Inc. has a 1-year low of $14.05 and a 1-year high of $19.83. The stock has a 50 day moving average price of $17.42 and a 200 day moving average price of $17.21. The firm has a market capitalization of $1.82 billion, a PE ratio of 8.14 and a beta of 1.38.

Nationstar Mortgage Holdings (NYSE:NSM) last announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.09. The company had revenue of $380.00 million during the quarter, compared to the consensus estimate of $506.30 million. Nationstar Mortgage Holdings had a net margin of 10.52% and a return on equity of 9.64%. During the same period in the prior year, the business earned $0.52 earnings per share. Equities research analysts anticipate that Nationsta

Other hedge funds have also added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new stake in Nationstar Mortgage Holdings during the 1st quarter valued at $103,000. BNP Paribas Arbitrage SA increased its holdings in Nationstar Mortgage Holdings by 256.6% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,020 shares of the financial services provider’s stock valued at $108,000 after purchasing an additional 4,332 shares in the last quarter. Two Sigma Securities LLC acquired a new stake in Nationstar Mortgage Holdings during the 1st quarter valued at $161,000. Stifel Financial Corp increased its holdings in Nationstar Mortgage Holdings by 10.5% during the 1st quarter. Stifel Financial Corp now owns 13,125 shares of the financial services provider’s stock valued at $207,000 after purchasing an additional 1,245 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in Nationstar Mortgage Holdings by 33.7% during the 1st quarter. Legal & General Group Plc now owns 13,848 shares of the financial services provider’s stock valued at $219,000 after purchasing an additional 3,487 shares in the last quarter. 99.01% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION NOTICE: “Nationstar Mortgage Holdings Inc. (NSM) Position Trimmed by Tudor Investment Corp ET AL” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright laws. The original version of this piece can be accessed at https://ledgergazette.com/2017/10/11/nationstar-mortgage-holdings-inc-nsm-position-trimmed-by-tudor-investment-corp-et-al.html.

NSM has been the subject of a number of recent analyst reports. BidaskClub raised Nationstar Mortgage Holdings from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. TheStreet raised Nationstar Mortgage Holdings from a “d+” rating to a “c-” rating in a report on Monday, June 26th. Zacks Investment Research raised Nationstar Mortgage Holdings from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 5th. Piper Jaffray Companies reissued a “sell” rating and issued a $15.00 target price on shares of Nationstar Mortgage Holdings in a research note on Thursday, August 3rd. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $20.00 target price on shares of Nationstar Mortgage Holdings in a research note on Thursday, September 14th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $18.50.

Shares of Nationstar Mortgage Holdings Inc. (NSM) opened at 18.61 on Wednesday. Nationstar Mortgage Holdings Inc. has a 1-year low of $14.05 and a 1-year high of $19.83. The stock has a 50 day moving average price of $17.42 and a 200 day moving average price of $17.21. The firm has a market capitalization of $1.82 billion, a PE ratio of 8.14 and a beta of 1.38.

Nationstar Mortgage Holdings (NYSE:NSM) last announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.09. The company had revenue of $380.00 million during the quarter, compared to the consensus estimate of $506.30 million. Nationstar Mortgage Holdings had a net margin of 10.52% and a return on equity of 9.64%. During the same period in the prior year, the business earned $0.52 earnings per share. Equities research analysts anticipate that Nationstar Mortgage Holdings Inc. will post $1.28 earnings per share for the current fiscal year.

Nationstar Mortgage Holdings Profile

Nationstar Mortgage Holdings Inc provides servicing, origination and transaction based services principally to single-family residences throughout the United States. The Company operates through three segments: Servicing, Originations and Xome. The Company provides residential loan services in the United States.

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Institutional Ownership by Quarter for Nationstar Mortgage Holdings (NYSE:NSM)

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