Nationstar Mortgage Holdings Inc (NYSE:NSM) was the recipient of unusually large options trading activity on Tuesday. Stock traders purchased 3,912 call options on the stock. This represents an increase of approximately 1,886% compared to the typical volume of 197 call options.

Nationstar Mortgage (NYSE NSM) opened at $18.66 on Friday. The company has a market cap of $1,821.62, a PE ratio of 9.82 and a beta of 1.42. Nationstar Mortgage has a 12 month low of $14.67 and a 12 month high of $20.71. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 6.26.

Nationstar Mortgage (NYSE:NSM) last posted its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $0.44 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.01. The company had revenue of $406.00 million for the quarter, compared to the consensus estimate of $481.67 million. Nationstar Mortgage had a net margin of 9.34% and a return on equity of 8.88%. During the same quarter last year, the firm posted $0.52 EPS. analysts forecast that Nationstar Mortgage will post 1.5 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. State Street Corp increased its position in Nationstar Mortgage by 3.7% during the 2nd quarter. State Street Corp now owns 649,148 shares of the financial services provider’s stock valued at $11,611,000 after purchasing an additional 22,878 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Nationstar Mortgage by 2,308.1% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 681,716 shares of the financial services provider’s stock valued at $12,196,000 after purchasing an additional 653,407 shares during the period. TIAA CREF Investment Management LLC increased its position in Nationstar Mortgage by 75.8% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 156,693 shares of the financial services provider’s stock valued at $2,803,000 after purchasing an additional 67,578 shares during the period. Vanguard Group Inc. increased its position in Nationstar Mortgage by 16.5% during the 2nd quarter. Vanguard Group Inc. now owns 3,063,878 shares of the financial services provider’s stock valued at $54,813,000 after purchasing an additional 434,111 shares during the period. Finally, FMR LLC increased its position in Nationstar Mortgage by 73.5% during the 2nd quarter. FMR LLC now owns 683,532 shares of the financial services provider’s stock valued at $12,228,000 after purchasing an additional 289,637 shares during the period. 98.42% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently commented on NSM. Zacks Investment Research downgraded shares of Nationstar Mortgage from a “buy” rating to a “hold” rating in a research note on Wednesday. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $18.00 price target on shares of Nationstar Mortgage in a research note on Thursday, January 11th. ValuEngine raised shares of Nationstar Mortgage from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 1st. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $20.00 price target on shares of Nationstar Mortgage in a research note on Thursday, October 26th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $18.78.

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About Nationstar Mortgage

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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