Nationstar Mortgage Holdings Inc (NYSE:NSM) Sentiment Improved in 2017 Q4

April 17, 2018 - By Kurt Siggers

Nationstar Mortgage Holdings Inc. (NYSE:NSM) Logo

Sentiment for Nationstar Mortgage Holdings Inc (NYSE:NSM)

Nationstar Mortgage Holdings Inc (NYSE:NSM) institutional sentiment increased to 1.46 in 2017 Q4. Its up 0.42, from 1.04 in 2017Q3. The ratio is better, as 60 investment professionals increased and started new stock positions, while 41 cut down and sold holdings in Nationstar Mortgage Holdings Inc. The investment professionals in our partner’s database now possess: 94.30 million shares, down from 95.15 million shares in 2017Q3. Also, the number of investment professionals holding Nationstar Mortgage Holdings Inc in their top 10 stock positions 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. The stock of Nationstar Mortgage Holdings Inc. (NYSE:NSM) earned “Hold” rating by Piper Jaffray on Wednesday, January 10. Keefe Bruyette & Woods maintained the shares of NSM in report on Monday, March 5 with “Hold” rating. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. The rating was maintained by Credit Suisse with “Outperform” on Tuesday, February 20. The rating was downgraded by Piper Jaffray on Tuesday, February 13 to “Sell”. The rating was maintained by Barclays Capital with “Underweight” on Friday, March 2. The stock has “Sell” rating by Piper Jaffray on Tuesday, October 31. The rating was upgraded by PiperJaffray to “Neutral” on Tuesday, November 21.

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

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