National Semiconductor Corp (NYSE:NSM) Move as Institutional Investors’ Sentiment Improved

April 17, 2018 - By Louis Casey

Nationstar Mortgage Holdings Inc. (NYSE:NSM) Logo

Sentiment for National Semiconductor Corp (NYSE:NSM)

National Semiconductor Corp (NYSE:NSM) institutional sentiment increased to 1.46 in Q4 2017. Its up 0.42, from 1.04 in 2017Q3. The ratio is positive, as 60 investment professionals increased and started new holdings, while 41 cut down and sold holdings in National Semiconductor Corp. The investment professionals in our partner’s database now hold: 94.30 million shares, down from 95.15 million shares in 2017Q3. Also, the number of investment professionals holding National Semiconductor Corp in their top 10 holdings decreased from 4 to 3 for a decrease of 1. Sold All: 8 Reduced: 33 Increased: 41 New Position: 19.

Nationstar Mortgage Holdings Inc. provides servicing, origination, and transaction based services primarily to single-family residences in the United States. The company has market cap of $1.76 billion. It operates in three divisions: Servicing, Originations, and Xome. It has a 60.07 P/E ratio. The Servicing segment offers conventional residential mortgage loans and home equity conversion loans.

The stock decreased 0.06% or $0.01 during the last trading session, reaching $18.02. About 15,811 shares traded. Nationstar Mortgage Holdings Inc. (NYSE:NSM) has risen 19.73% since April 17, 2017 and is uptrending. It has outperformed by 8.18% the S&P500.

Analysts await Nationstar Mortgage Holdings Inc. (NYSE:NSM) to report earnings on May, 3. They expect $0.47 earnings per share, up 56.67 % or $0.17 from last year’s $0.3 per share. NSM’s profit will be $45.93 million for 9.59 P/E if the $0.47 EPS becomes a reality. After $0.43 actual earnings per share reported by Nationstar Mortgage Holdings Inc. for the previous quarter, Wall Street now forecasts 9.30 % EPS growth.

Fortress Investment Group Llc holds 32.71% of its portfolio in Nationstar Mortgage Holdings Inc. for 68.10 million shares. Proxima Capital Management Llc owns 360,137 shares or 3.86% of their US portfolio. Moreover, Sls Management Llc has 3.6% invested in the company for 139,188 shares. The New York-based Garnet Equity Capital Holdings Inc. has invested 2.72% in the stock. Adirondack Research & Management Inc., a New York-based fund reported 272,548 shares.#img1#

Nationstar Mortgage Holdings Inc. (NYSE:NSM) Ratings Coverage

Ratings analysis reveals 20% of Nationstar’s analysts are positive. Out of 5 Wall Street analysts rating Nationstar, 1 give it “Buy”, 2 “Sell” rating, while 2 recommend “Hold”. The lowest target is $15.5 while the high is $22.0. The stock’s average target of $19.25 is 6.83% above today’s ($18.02) share price. NSM was included in 9 notes of analysts from October 31, 2017. Piper Jaffray maintained the shares of NSM in report on Wednesday, January 10 with “Hold” rating. Keefe Bruyette & Woods maintained it with “Hold” rating and $22.0 target in Thursday, December 21 report. As per Friday, March 2, the company rating was maintained by Barclays Capital. PiperJaffray upgraded the shares of NSM in report on Tuesday, November 21 to “Neutral” rating. The firm has “Outperform” rating given on Tuesday, February 20 by Credit Suisse. Piper Jaffray maintained Nationstar Mortgage Holdings Inc. (NYSE:NSM) on Tuesday, October 31 with “Sell” rating. The company was maintained on Monday, March 5 by Keefe Bruyette & Woods. On Tuesday, February 13 the stock rating was downgraded by Piper Jaffray to “Sell”.

Nationstar Mortgage Holdings Inc. (NYSE:NSM) Institutional Positions Chart

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