OneMain Holdings, Inc. (NYSE:OMF) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Monday.

A number of other research analysts have also recently issued reports on OMF. Zacks Investment Research upgraded OneMain Holdings from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a research report on Thursday, July 6th. Jefferies Group LLC reissued a “buy” rating and set a $30.00 target price on shares of OneMain Holdings in a research note on Friday, July 14th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $28.00 target price on shares of OneMain Holdings in a report on Friday, July 14th. DA Davidson reissued a “buy” rating and issued a $31.00 target price on shares of OneMain Holdings in a report on Tuesday, July 18th. Finally, Barclays PLC set a $30.00 price target on shares of OneMain Holdings and gave the company a “hold” rating in a research note on Friday, August 4th. Nine analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. OneMain Holdings has an average rating of “Buy” and a consensus target price of $29.53.

Shares of OneMain Holdings (NYSE:OMF) traded up 0.39% during mid-day trading on Monday, reaching $28.30. 528,147 shares of the company’s stock traded hands. The stock has a market cap of $3.83 billion, a PE ratio of 30.40 and a beta of 2.84. OneMain Holdings has a 12 month low of $16.03 and a 12 month high of $31.84. The firm has a 50 day moving average price of $27.32 and a 200-day moving average price of $25.19.

OneMain Holdings (NYSE:OMF) last posted its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.08). OneMain Holdings had a return on equity of 14.31% and a net margin of 3.63%. The business had revenue of $569.00 million for the quarter, compared to analyst estimates of $631.92 million. During the same period last year, the firm posted $0.96 EPS. On average, analysts predict that OneMain Holdings will post $3.76 earnings per share for the current fiscal year.

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Institutional investors and hedge funds have recently bought and sold shares of the business. Utah Retirement Systems raised its stake in shares of OneMain Holdings by 1.0% during the second quarter. Utah Retirement Systems now owns 9,700 shares of the financial services provider’s stock valued at $239,000 after acquiring an additional 100 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of 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 purchasing an additional 204 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of OneMain Holdings by 2.6% in the first quarter. Public Employees Retirement System of Ohio now owns 12,981 shares of the financial services provider’s stock worth $323,000 after purchasing an additional 334 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of OneMain Holdings by 1.0% in the first quarter. AQR Capital Management LLC now owns 52,543 shares of the financial services provider’s stock worth $1,306,000 after purchasing an additional 506 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in shares of OneMain Holdings by 5.1% in the second quarter. Stifel Financial Corp now owns 11,175 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 547 shares during the last quarter. 95.68% of the stock is currently owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for OneMain Holdings (NYSE:OMF)

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