Nationstar Mortgage Holdings Inc (NYSE:NSM) was the target of some unusual options trading activity on Tuesday. Traders purchased 3,912 call options on the stock. This represents an increase of 1,886% compared to the average daily volume of 197 call options.

Shares of Nationstar Mortgage (NYSE NSM) opened at $18.87 on Friday. Nationstar Mortgage has a one year low of $14.67 and a one year high of $20.71. The company has a market cap of $1,840.00, a P/E ratio of 10.20 and a beta of 1.41. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 6.26.

Nationstar Mortgage (NYSE:NSM) last released its earnings results on Thursday, November 2nd. The financial services provider reported $0.44 EPS for the quarter, beating the consensus estimate of $0.43 by $0.01. Nationstar Mortgage had a net margin of 9.34% and a return on equity of 8.88%. The business had revenue of $406.00 million during the quarter, compared to analyst estimates of $481.67 million. During the same period in the prior year, the business earned $0.52 earnings per share. equities analysts predict that Nationstar Mortgage will post 1.5 EPS for the current year.

A number of hedge funds have recently added to or reduced their stakes in the stock. Schwab Charles Investment Management Inc. lifted its stake in Nationstar Mortgage by 1.1% during the second quarter. Schwab Charles Investment Management Inc. now owns 154,165 shares of the financial services provider’s stock valued at $2,759,000 after purchasing an additional 1,751 shares during the last quarter. Voya Investment Management LLC lifted its stake in Nationstar Mortgage by 14.7% during the second quarter. Voya Investment Management LLC now owns 16,775 shares of the financial services provider’s stock valued at $300,000 after purchasing an additional 2,156 shares during the last quarter. Proxima Capital Management LLC lifted its stake in Nationstar Mortgage by 0.5% during the second quarter. Proxima Capital Management LLC now owns 613,240 shares of the financial services provider’s stock valued at $10,971,000 after purchasing an additional 3,240 shares during the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of Nationstar Mortgage by 256.6% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,020 shares of the financial services provider’s stock valued at $108,000 after acquiring an additional 4,332 shares in the last quarter. Finally, Convergence Investment Partners LLC lifted its position in shares of Nationstar Mortgage by 6.9% in the 4th quarter. Convergence Investment Partners LLC now owns 81,730 shares of the financial services provider’s stock valued at $1,512,000 after acquiring an additional 5,310 shares in the last quarter. 98.42% of the stock is owned by institutional investors and hedge funds.

NSM has been the subject of several recent analyst reports. ValuEngine cut shares of Nationstar Mortgage from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 9th. Zacks Investment Research upgraded shares of Nationstar Mortgage from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Tuesday, January 16th. Piper Jaffray Companies reiterated a “hold” rating and issued a $18.00 price objective on shares of Nationstar Mortgage in a report on Thursday, January 11th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $20.00 price objective on shares of Nationstar Mortgage in a report on Thursday, October 26th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Nationstar Mortgage has an average rating of “Hold” and an average price target of $18.78.

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Nationstar Mortgage 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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