HL Financial Services LLC Has $824,000 Position in OneMain Holdings, Inc. (NYSE:OMF)
HL Financial Services LLC increased its stake in shares of OneMain Holdings, Inc. (NYSE:OMF) by 99.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,500 shares of the financial services provider’s stock after buying an additional 16,700 shares during the period. HL Financial Services LLC’s holdings in OneMain Holdings were worth $824,000 as of its most recent filing with the SEC.
Other large investors also recently added to or reduced their stakes in the company. Pacer Advisors Inc. raised its stake in OneMain Holdings by 3.2% in the first quarter. Pacer Advisors Inc. now owns 6,482 shares of the financial services provider’s stock worth $161,000 after buying an additional 204 shares during the period. FNY Partners Fund LP acquired a new stake in OneMain Holdings during the first quarter worth approximately $186,000. Rafferty Asset Management LLC acquired a new stake in OneMain Holdings during the first quarter worth approximately $238,000. Nationwide Fund Advisors raised its stake in OneMain Holdings by 23.3% in the first quarter. Nationwide Fund Advisors now owns 9,986 shares of the financial services provider’s stock worth $248,000 after buying an additional 1,886 shares during the period. Finally, Stephens Inc. AR acquired a new stake in OneMain Holdings during the first quarter worth approximately $259,000. Institutional investors own 95.31% of the company’s stock.
OneMain Holdings, Inc. (NYSE OMF) opened at 27.09 on Friday. The firm’s 50-day moving average price is $25.86 and its 200 day moving average price is $24.81. The firm has a market cap of $3.67 billion, a P/E ratio of 29.10 and a beta of 2.85. OneMain Holdings, Inc. has a 12-month low of $16.03 and a 12-month high of $32.28.
OneMain Holdings (NYSE:OMF) last posted its earnings results on Wednesday, August 2nd. The financial services provider reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by $0.08. The company had revenue of $569 million for the quarter, compared to the consensus estimate of $631.92 million. OneMain Holdings had a return on equity of 14.31% and a net margin of 3.63%. During the same period in the previous year, the firm posted $0.96 EPS. Analysts forecast that OneMain Holdings, Inc. will post $3.76 earnings per share for the current fiscal year.
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OMF has been the topic of a number of research analyst reports. Barclays PLC set a $30.00 price target on OneMain Holdings and gave the stock a “hold” rating in a research report on Friday, August 4th. Keefe, Bruyette & Woods restated a “hold” rating and set a $28.00 price target on shares of OneMain Holdings in a research report on Thursday, May 25th. Zacks Investment Research lowered OneMain Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. ValuEngine lowered OneMain Holdings from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 14th. Finally, Jefferies Group LLC restated a “buy” rating and set a $39.00 price target (up from $30.00) on shares of OneMain Holdings in a research report on Wednesday. Ten analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $29.06.
OneMain Holdings Company Profile
OneMain Holdings, Inc is a financial services holding company. The Company is a consumer finance company, which is engaged in providing personal loan products; credit and non-credit insurance, and service loans owned by it and service or subservice loans owned by third-parties. The Company’s segments include Consumer and Insurance; Acquisitions and Servicing; Real Estate, and Other.
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