Mr. Cooper Group Inc. (NASDAQ:COOP) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. cut its stake in Mr. Cooper Group Inc. (NASDAQ:COOP) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 222,484 shares of the company’s stock after selling 1,329 shares during the period. Hantz Financial Services Inc.’s holdings in Mr. Cooper Group were worth $21,361,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in COOP. Financial Management Professionals Inc. bought a new position in shares of Mr. Cooper Group during the 3rd quarter valued at about $30,000. Quarry LP bought a new stake in Mr. Cooper Group during the second quarter worth approximately $29,000. Harvest Fund Management Co. Ltd grew its position in Mr. Cooper Group by 152.5% in the third quarter. Harvest Fund Management Co. Ltd now owns 447 shares of the company’s stock worth $41,000 after buying an additional 270 shares during the last quarter. ORG Partners LLC bought a new position in shares of Mr. Cooper Group in the fourth quarter valued at $51,000. Finally, Harbor Capital Advisors Inc. acquired a new stake in shares of Mr. Cooper Group during the 3rd quarter valued at $52,000. Institutional investors own 89.82% of the company’s stock.

Insider Buying and Selling at Mr. Cooper Group

In related news, CEO Jesse K. Bray sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $88.41, for a total transaction of $2,652,300.00. Following the transaction, the chief executive officer now owns 818,821 shares of the company’s stock, valued at approximately $72,391,964.61. This trade represents a 3.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 90,000 shares of company stock worth $8,414,400 over the last 90 days. 2.33% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on COOP. JMP Securities started coverage on Mr. Cooper Group in a report on Tuesday, January 14th. They issued an “outperform” rating and a $115.00 target price on the stock. Citizens Jmp upgraded shares of Mr. Cooper Group to a “strong-buy” rating in a report on Tuesday, January 14th. Barclays upped their price target on shares of Mr. Cooper Group from $103.00 to $108.00 and gave the company an “overweight” rating in a research report on Tuesday, October 8th. Piper Sandler lifted their price objective on shares of Mr. Cooper Group from $113.00 to $120.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Finally, Compass Point increased their target price on Mr. Cooper Group from $97.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.13.

Mr. Cooper Group Trading Down 1.2 %

NASDAQ COOP opened at $105.86 on Wednesday. Mr. Cooper Group Inc. has a 1-year low of $65.54 and a 1-year high of $107.65. The firm’s fifty day simple moving average is $97.41 and its 200-day simple moving average is $93.55. The company has a market capitalization of $6.77 billion, a PE ratio of 13.68, a price-to-earnings-growth ratio of 0.30 and a beta of 1.43.

Mr. Cooper Group Company Profile

Mr. Cooper Group Inc, together with its subsidiaries, operates as a non-bank servicer of residential mortgage loans in the United States. The company operates through Servicing and Originations segments. The Servicing segment performs activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, customer service, modifying loans, performing collections, foreclosures, and the sale of real estate owned.