Nationstar Mortgage Holdings Inc (NSM) Stake Held by Allianz Asset Management AG

Allianz Asset Management AG maintained its stake in Nationstar Mortgage Holdings Inc (NYSE:NSM) during the fourth quarter, according to its most recent filing with the SEC. The firm owned 68,300 shares of the company’s stock at the end of the fourth quarter. Allianz Asset Management AG’s holdings in Nationstar Mortgage Holdings were worth $1,233,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Boston Partners raised its stake in Nationstar Mortgage Holdings by 5.9% in the third quarter. Boston Partners now owns 1,691,261 shares of the company’s stock valued at $25,048,000 after buying an additional 94,076 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Nationstar Mortgage Holdings by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 167,087 shares of the company’s stock valued at $2,475,000 after buying an additional 13,218 shares during the last quarter. Rubric Capital Management LP acquired a new stake in Nationstar Mortgage Holdings during the fourth quarter valued at approximately $17,609,000. Hodges Capital Management Inc. acquired a new stake in Nationstar Mortgage Holdings during the fourth quarter valued at approximately $8,817,000. Finally, BlackRock Inc. raised its stake in Nationstar Mortgage Holdings by 81.1% in the third quarter. BlackRock Inc. now owns 21,545 shares of the company’s stock valued at $320,000 after buying an additional 9,650 shares during the last quarter.

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

Nationstar Mortgage Holdings Inc (NYSE:NSM) opened at 16.22 on Monday. The company’s 50 day moving average price is $18.06 and its 200-day moving average price is $16.91. The company has a market capitalization of $1.54 billion, a P/E ratio of 85.37 and a beta of 0.90. Nationstar Mortgage Holdings Inc has a 52 week low of $9.29 and a 52 week high of $19.83.

Nationstar Mortgage Holdings (NYSE:NSM) last issued its quarterly earnings data on Wednesday, February 22nd. The company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by $0.02. Nationstar Mortgage Holdings had a negative net margin of 5.80% and a positive return on equity of 10.50%. The company had revenue of $789 million for the quarter, compared to the consensus estimate of $369.92 million. During the same period in the previous year, the business earned $0.32 EPS. Nationstar Mortgage Holdings’s revenue for the quarter was up 34.3% compared to the same quarter last year. Equities research analysts expect that Nationstar Mortgage Holdings Inc will post $1.28 earnings per share for the current year.

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NSM has been the subject of several research reports. Barclays PLC lowered shares of Nationstar Mortgage Holdings from an “equal weight” rating to an “underweight” rating and set a $15.00 price target for the company. in a research report on Thursday, February 23rd. Compass Point reaffirmed a “sell” rating on shares of Nationstar Mortgage Holdings in a research report on Thursday, January 12th. Credit Suisse Group AG reaffirmed a “buy” rating and set a $22.00 price target on shares of Nationstar Mortgage Holdings in a research report on Friday, March 3rd. FBR & Co upped their price target on shares of Nationstar Mortgage Holdings from $15.75 to $17.00 and gave the company a “market perform” rating in a research report on Thursday, February 23rd. Finally, Zacks Investment Research lowered shares of Nationstar Mortgage Holdings from a “hold” rating to a “sell” rating in a research report on Friday, February 24th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. Nationstar Mortgage Holdings has an average rating of “Hold” and a consensus price target of $16.94.

Nationstar Mortgage Holdings Company 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 also operate an integrated residential loan origination platform that is primarily focused on customer retention.

5 Day Chart for NYSE:NSM

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