Fox Run Management L.L.C. purchased a new position in Nationstar Mortgage Holdings Inc. (NYSE:NSM) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 20,600 shares of the financial services provider’s stock, valued at approximately $383,000.

Several other large investors also recently bought and sold shares of the company. Stifel Financial Corp boosted its position in shares of Nationstar Mortgage Holdings by 10.5% in the 1st quarter. Stifel Financial Corp now owns 13,125 shares of the financial services provider’s stock worth $207,000 after purchasing an additional 1,245 shares during the last quarter. Teachers Advisors LLC boosted its position in shares of Nationstar Mortgage Holdings by 2.3% in the 1st quarter. Teachers Advisors LLC now owns 56,170 shares of the financial services provider’s stock worth $885,000 after purchasing an additional 1,287 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of Nationstar Mortgage Holdings by 1.1% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 154,165 shares of the financial services provider’s stock worth $2,759,000 after purchasing an additional 1,751 shares during the last quarter. Voya Investment Management LLC boosted its position in shares of Nationstar Mortgage Holdings by 14.7% in the 2nd quarter. Voya Investment Management LLC now owns 16,775 shares of the financial services provider’s stock worth $300,000 after purchasing an additional 2,156 shares during the last quarter. Finally, Proxima Capital Management LLC boosted its position in shares of Nationstar Mortgage Holdings by 0.5% in the 2nd quarter. Proxima Capital Management LLC now owns 613,240 shares of the financial services provider’s stock worth $10,971,000 after purchasing an additional 3,240 shares during the last quarter. Institutional investors and hedge funds own 98.73% of the company’s stock.

Several research firms have recently issued reports on NSM. Keefe, Bruyette & Woods restated a “hold” rating and issued a $20.00 price target on shares of Nationstar Mortgage Holdings in a research report on Thursday, October 26th. Zacks Investment Research lowered Nationstar Mortgage Holdings from a “hold” rating to a “sell” rating in a report on Friday, October 20th. ValuEngine upgraded Nationstar Mortgage Holdings from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 26th. BidaskClub lowered Nationstar Mortgage Holdings from a “hold” rating to a “sell” rating in a report on Thursday, August 3rd. Finally, Piper Jaffray Companies reiterated a “sell” rating and set a $15.00 target price on shares of Nationstar Mortgage Holdings in a report on Thursday, August 3rd. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Nationstar Mortgage Holdings currently has a consensus rating of “Hold” and an average target price of $18.50.

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Nationstar Mortgage Holdings (NYSE:NSM) last announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.43 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.09. Nationstar Mortgage Holdings had a net margin of 10.52% and a return on equity of 9.64%. The business had revenue of $380.00 million for the quarter, compared to analysts’ expectations of $506.30 million. During the same quarter last year, the firm earned $0.52 EPS.

Nationstar Mortgage Holdings Profile

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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Institutional Ownership by Quarter for Nationstar Mortgage Holdings (NYSE:NSM)

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