Boston Partners cut its stake in Nationstar Mortgage Holdings Inc. (NYSE:NSM) by 80.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 191,169 shares of the financial services provider’s stock after selling 806,591 shares during the period. Boston Partners owned 0.20% of Nationstar Mortgage Holdings worth $3,420,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its position in Nationstar Mortgage Holdings by 11.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 161,293 shares of the financial services provider’s stock valued at $2,913,000 after buying an additional 16,174 shares during the period. AQR Capital Management LLC acquired a new position in Nationstar Mortgage Holdings during the fourth quarter valued at approximately $197,000. Norges Bank acquired a new position in Nationstar Mortgage Holdings during the fourth quarter valued at approximately $8,081,000. Teachers Advisors LLC increased its position in Nationstar Mortgage Holdings by 7.4% in the fourth quarter. Teachers Advisors LLC now owns 54,883 shares of the financial services provider’s stock valued at $991,000 after buying an additional 3,794 shares during the period. Finally, James Investment Research Inc. acquired a new position in Nationstar Mortgage Holdings during the first quarter valued at approximately $1,660,000. 98.36% of the stock is owned by institutional investors.

Shares of Nationstar Mortgage Holdings Inc. (NYSE NSM) opened at 16.81 on Monday. The stock has a market capitalization of $1.64 billion, a PE ratio of 7.35 and a beta of 1.47. The firm has a 50-day moving average of $17.76 and a 200 day moving average of $17.31. Nationstar Mortgage Holdings Inc. has a 1-year low of $14.05 and a 1-year high of $19.83.

Nationstar Mortgage Holdings (NYSE:NSM) last issued its earnings results on Thursday, August 3rd. The financial services provider reported $0.43 earnings per share for the quarter, topping the Zacks’ 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 firm had revenue of $380 million during the quarter, compared to analyst estimates of $506.30 million. During the same quarter in the prior year, the business earned $0.52 earnings per share. Analysts predict that Nationstar Mortgage Holdings Inc. will post $1.28 EPS for the current year.

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NSM has been the subject of several analyst reports. Zacks Investment Research raised shares of Nationstar Mortgage Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, April 26th. Oppenheimer Holdings, Inc. set a $19.00 price objective on shares of Nationstar Mortgage Holdings and gave the stock a “buy” rating in a report on Monday, May 8th. ValuEngine raised shares of Nationstar Mortgage Holdings from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. BidaskClub raised shares of Nationstar Mortgage Holdings from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. Finally, TheStreet raised shares of Nationstar Mortgage Holdings from a “d+” rating to a “c-” rating in a report on Monday, June 26th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Nationstar Mortgage Holdings presently has an average rating of “Hold” and an average price target of $18.50.

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 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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