Nationstar Mortgage Holdings Inc. (NYSE:NSM) shares were down 4.4% during mid-day trading on Tuesday . The stock traded as low as $11.89 and last traded at $11.94, with a volume of 289,471 shares. The stock had previously closed at $12.49.

Several research analysts have recently issued reports on NSM shares. Zacks Investment Research downgraded shares of Nationstar Mortgage Holdings from a “strong-buy” rating to a “hold” rating in a report on Friday, May 6th. FBR & Co reduced their price objective on shares of Nationstar Mortgage Holdings from $15.00 to $10.00 and set a “hold” rating on the stock in a research note on Tuesday, May 3rd. Finally, Credit Suisse Group AG reissued an “outperform” rating on shares of Nationstar Mortgage Holdings in a research note on Wednesday, July 6th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $15.71.

The company’s 50 day moving average price is $11.62 and its 200 day moving average price is $11.18. The stock’s market cap is $1.22 billion.

Nationstar Mortgage Holdings (NYSE:NSM) last posted its quarterly earnings data on Wednesday, May 4th. The company reported $0.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by $0.08. The firm had revenue of $345.50 million for the quarter, compared to analysts’ expectations of $353.90 million. The business’s quarterly revenue was down 31.0% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.53) EPS. Equities analysts expect that Nationstar Mortgage Holdings Inc. will post $1.28 EPS for the current fiscal year.

Several hedge funds recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its stake in Nationstar Mortgage Holdings by 5.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 146,252 shares of the company’s stock valued at $1,955,000 after buying an additional 7,561 shares during the period. Whitebox Advisors LLC boosted its stake in Nationstar Mortgage Holdings by 12.5% in the fourth quarter. Whitebox Advisors LLC now owns 578,917 shares of the company’s stock valued at $7,740,000 after buying an additional 64,399 shares during the period. Finally, Diamond Hill Capital Management Inc. boosted its stake in Nationstar Mortgage Holdings by 16.7% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 6,200,177 shares of the company’s stock valued at $82,896,000 after buying an additional 887,702 shares during the period.

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.

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