Nationstar Mortgage Holdings Inc. (NYSE:NSM)‘s stock had its “hold” rating reiterated by Keefe, Bruyette & Woods in a report issued on Thursday. They presently have a $20.00 price target on the financial services provider’s stock. Keefe, Bruyette & Woods’ price target suggests a potential upside of 18.69% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. BidaskClub raised Nationstar Mortgage Holdings from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. 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 reaffirmed a “sell” rating and issued a $15.00 price objective on shares of Nationstar Mortgage Holdings in a report on Thursday, August 3rd. TheStreet raised Nationstar Mortgage Holdings from a “d+” rating to a “c-” rating in a report on Monday, June 26th. Finally, ValuEngine raised Nationstar Mortgage Holdings from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Three research analysts have rated the stock with a sell rating, four have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Nationstar Mortgage Holdings currently has a consensus rating of “Hold” and an average target price of $18.50.

Shares of Nationstar Mortgage Holdings (NYSE NSM) traded up 1.54% during trading on Thursday, hitting $17.11. The company’s stock had a trading volume of 392,673 shares. The stock has a market cap of $1.67 billion, a PE ratio of 7.48 and a beta of 1.43. The company has a 50-day moving average price of $17.15 and a 200-day moving average price of $17.06. Nationstar Mortgage Holdings has a one year low of $14.05 and a one year high of $19.83.

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

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Several institutional investors have recently modified their holdings of NSM. Thompson Siegel & Walmsley LLC raised its position in shares of Nationstar Mortgage Holdings by 52.2% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,417,228 shares of the financial services provider’s stock worth $32,319,000 after purchasing an additional 828,759 shares during the last quarter. Oxford Asset Management raised its position in shares of Nationstar Mortgage Holdings by 40.6% during the 4th quarter. Oxford Asset Management now owns 568,967 shares of the financial services provider’s stock worth $7,619,000 after purchasing an additional 164,224 shares during the last quarter. Boston Partners raised its position in shares of Nationstar Mortgage Holdings by 4.9% during the 4th quarter. Boston Partners now owns 1,351,340 shares of the financial services provider’s stock worth $18,067,000 after purchasing an additional 63,708 shares during the last quarter. Whitebox Advisors LLC raised its position in shares of Nationstar Mortgage Holdings by 12.5% during the 4th quarter. Whitebox Advisors LLC now owns 578,917 shares of the financial services provider’s stock worth $7,740,000 after purchasing an additional 64,399 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. raised its position in shares of Nationstar Mortgage Holdings by 16.7% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 6,200,177 shares of the financial services provider’s stock worth $82,896,000 after purchasing an additional 887,702 shares during the last quarter. Hedge funds and other institutional investors own 98.47% of the company’s stock.

About Nationstar Mortgage Holdings

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.

Analyst Recommendations for Nationstar Mortgage Holdings (NYSE:NSM)

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