Can analysts adopt a bullish outlook for Nationstar Mortgage Holdings Inc. (NYSE:NSM)?

June 18, 2018 - By Migdalia James

Nationstar Mortgage Holdings Inc. (NYSE:NSM) LogoInvestors sentiment decreased to 0.76 in Q1 2018. Its down 0.70, from 1.46 in 2017Q4. It fall, as 28 investors sold Nationstar Mortgage Holdings Inc. shares while 31 reduced holdings. 19 funds opened positions while 26 raised stakes. 92.62 million shares or 1.78% less from 94.30 million shares in 2017Q4 were reported.
State Board Of Administration Of Florida Retirement System reported 0% of its portfolio in Nationstar Mortgage Holdings Inc. (NYSE:NSM). Manufacturers Life Ins Com The holds 0% or 21,752 shares in its portfolio. Stifel Financial Corp reported 35,930 shares or 0% of all its holdings. Ubs Asset Mgmt Americas, Illinois-based fund reported 10,199 shares. Ellington Mngmt Limited Liability Co invested 0.14% of its portfolio in Nationstar Mortgage Holdings Inc. (NYSE:NSM). Fortress Investment Gp Ltd Liability Corp reported 68.10 million shares stake. Geode Capital Mngmt Limited Com stated it has 0% in Nationstar Mortgage Holdings Inc. (NYSE:NSM). Natl Bank Of Mellon Corporation, a New York-based fund reported 284,480 shares. Tiaa Cref Mgmt Lc invested 0% in Nationstar Mortgage Holdings Inc. (NYSE:NSM). Adirondack & Mgmt holds 272,548 shares. Ameritas Investment Ptnrs holds 0% or 2,532 shares in its portfolio. Hsbc Hldgs Public Ltd has invested 0% in Nationstar Mortgage Holdings Inc. (NYSE:NSM). Moreover, State Street Corporation has 0% invested in Nationstar Mortgage Holdings Inc. (NYSE:NSM). Wells Fargo And Mn reported 49,109 shares. Goldman Sachs Group stated it has 0% of its portfolio in Nationstar Mortgage Holdings Inc. (NYSE:NSM).

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

Among 4 analysts covering Nationstar (NYSE:NSM), 1 have Buy rating, 2 Sell and 1 Hold. Therefore 25% are positive. Nationstar had 6 analyst reports since December 21, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Monday, March 5 by Keefe Bruyette & Woods. As per Tuesday, February 13, the company rating was downgraded by Piper Jaffray. The firm earned “Hold” rating on Wednesday, January 10 by Piper Jaffray. The stock of Nationstar Mortgage Holdings Inc. (NYSE:NSM) has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The firm has “Underweight” rating by Barclays Capital given on Friday, March 2. The firm earned “Outperform” rating on Tuesday, February 20 by Credit Suisse. Below is a list of Nationstar Mortgage Holdings Inc. (NYSE:NSM) latest ratings and price target changes.

05/03/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $20.0 Maintain
02/03/2018 Broker: Barclays Capital Old Rating: Underweight New Rating: Underweight Old Target: $18 New Target: $19 Maintain
20/02/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $23 New Target: $20 Maintain
13/02/2018 Broker: Piper Jaffray Rating: Sell Downgrade
10/01/2018 Broker: Piper Jaffray Rating: Hold New Target: $18.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $22.0 Maintain

The stock decreased 0.41% or $0.07 during the last trading session, reaching $17.73. About 78,002 shares traded. Nationstar Mortgage Holdings Inc. (NYSE:NSM) has risen 5.68% since June 18, 2017 and is uptrending. It has underperformed by 6.89% the S&P500.

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 $1.74 billion. It operates in three divisions: Servicing, Originations, and Xome. It has a 9.36 P/E ratio. The Servicing segment offers conventional residential mortgage loans and home equity conversion loans.

More notable recent Nationstar Mortgage Holdings Inc. (NYSE:NSM) news were published by: Businesswire.com which released: “Nationstar to Present at the KBW Mortgage Finance & Asset Management Conference” on May 30, 2018, also Globenewswire.com with their article: “Rigrodsky & Long, PA Files Class Action Suit Against Nationstar Mortgage Holdings Inc.” published on May 30, 2018, Seekingalpha.com published: “Nationstar hires former WeWork exec for push into digital” on June 06, 2018. More interesting news about Nationstar Mortgage Holdings Inc. (NYSE:NSM) were released by: Prnewswire.com and their article: “(NSM) Merger Voting Alert: Johnson Fistel Investigates Proposed Sale of Nationstar Mortgage Holdings Inc.; Is the Deal …” published on June 18, 2018 as well as Businesswire.com‘s news article titled: “Flueid Software Corp. Names Eric D. Swenson Chairman of the Board” with publication date: May 23, 2018.

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

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