Several other large investors have also modified their holdings of OMF. Allspring Global Investments Holdings LLC lifted its position in shares of OneMain by 9.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 51,495 shares of the financial services provider’s stock worth $2,424,000 after purchasing an additional 4,325 shares during the last quarter. International Assets Investment Management LLC raised its stake in OneMain by 4,607.1% during the third quarter. International Assets Investment Management LLC now owns 32,714 shares of the financial services provider’s stock worth $1,540,000 after acquiring an additional 32,019 shares during the period. Assenagon Asset Management S.A. acquired a new stake in OneMain during the third quarter worth about $17,016,000. PFG Investments LLC acquired a new stake in OneMain during the third quarter worth about $256,000. Finally, Wealth Enhancement Advisory Services LLC raised its stake in OneMain by 88.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 8,982 shares of the financial services provider’s stock worth $423,000 after acquiring an additional 4,206 shares during the period. Institutional investors own 85.82% of the company’s stock.

Several equities research analysts recently weighed in on OMF shares. JMP Securities reiterated a “market outperform” rating and set a $65.00 price objective on shares of OneMain in a research note on Monday, February 3rd. Royal Bank of Canada increased their price objective on shares of OneMain from $62.00 to $65.00 and gave the stock an “outperform” rating in a research note on Monday, February 3rd. Compass Point raised their price target on shares of OneMain from $60.00 to $63.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Wells Fargo & Company raised their price target on shares of OneMain from $52.00 to $57.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 21st. Finally, JPMorgan Chase & Co. dropped their price target on shares of OneMain from $59.00 to $58.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $58.36.

Get Our Latest Stock Analysis on OMF

NYSE OMF opened at $54.21 on Friday. The firm has a market capitalization of $6.47 billion, a PE ratio of 12.79, a P/E/G ratio of 0.44 and a beta of 1.59. OneMain Holdings, Inc. has a 12 month low of $41.70 and a 12 month high of $58.90. The company’s 50 day simple moving average is $54.63 and its 200 day simple moving average is $51.45.

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Wednesday, February 12th were issued a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a yield of 7.67%. The ex-dividend date of this dividend was Wednesday, February 12th. OneMain’s payout ratio is 98.11%.

(Free Report)

OneMain Holdings, Inc, a financial service holding company, engages in the consumer finance and insurance businesses in the United States. It originates, underwrites, and services personal loans secured by automobiles, other titled collateral, or unsecured. The company also offers credit cards; optional credit insurance products, including life, disability, and involuntary unemployment insurance; optional non-credit insurance; guaranteed asset protection coverage as a waiver product or insurance; and membership plans.

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