Nationstar Mortgage Holdings Inc (NYSE:NSM) was the recipient of some unusual options trading activity on Wednesday. Traders purchased 2,910 put options on the stock. This represents an increase of approximately 2,671% compared to the typical daily volume of 105 put options.
Shares of Nationstar Mortgage (NYSE NSM) opened at $18.87 on Friday. The company has a market capitalization of $1,839.21, a P/E ratio of 9.93 and a beta of 1.42. Nationstar Mortgage has a 52-week low of $14.67 and a 52-week high of $20.71. The company has a debt-to-equity ratio of 6.26, a current ratio of 0.46 and a quick ratio of 0.46.
Nationstar Mortgage (NYSE:NSM) last issued its earnings results on Thursday, November 2nd. The financial services provider reported $0.44 EPS for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.01. Nationstar Mortgage had a return on equity of 8.88% and a net margin of 9.34%. The firm had revenue of $406.00 million for the quarter, compared to analyst estimates of $481.67 million. During the same quarter in the prior year, the firm earned $0.52 earnings per share. equities analysts expect that Nationstar Mortgage will post 1.5 EPS for the current year.
A number of institutional investors have recently added to or reduced their stakes in the business. Convergence Investment Partners LLC boosted its position in Nationstar Mortgage by 6.9% in the 4th quarter. Convergence Investment Partners LLC now owns 81,730 shares of the financial services provider’s stock worth $1,512,000 after purchasing an additional 5,310 shares in the last quarter. Rubric Capital Management LP boosted its position in Nationstar Mortgage by 14.8% in the 3rd quarter. Rubric Capital Management LP now owns 923,774 shares of the financial services provider’s stock worth $17,154,000 after purchasing an additional 119,137 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in Nationstar Mortgage in the 3rd quarter worth approximately $486,000. Engineers Gate Manager LP purchased a new stake in Nationstar Mortgage in the 3rd quarter worth approximately $227,000. Finally, Dimensional Fund Advisors LP boosted its position in Nationstar Mortgage by 44.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 895,132 shares of the financial services provider’s stock worth $16,622,000 after purchasing an additional 275,248 shares in the last quarter. Institutional investors and hedge funds own 98.42% of the company’s stock.
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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