OneMain (NYSE:OMF) announced its quarterly earnings data on Monday. The financial services provider reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.06, Morningstar.com reports. OneMain had a net margin of 8.27% and a return on equity of 18.65%.

Shares of OMF opened at $29.93 on Tuesday. The firm has a market cap of $4.08 billion, a price-to-earnings ratio of 8.45, a P/E/G ratio of 0.72 and a beta of 2.55. OneMain has a 1-year low of $22.47 and a 1-year high of $37.29.

A number of equities analysts recently weighed in on OMF shares. JPMorgan Chase & Co. upgraded shares of OneMain from an “underweight” rating to a “neutral” rating and decreased their price objective for the stock from $34.50 to $32.00 in a report on Wednesday, January 16th. ValuEngine upgraded shares of OneMain from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 2nd. Barclays set a $34.00 price objective on shares of OneMain and gave the stock a “hold” rating in a report on Friday, December 14th. Finally, Zacks Investment Research lowered shares of OneMain from a “hold” rating to a “sell” rating in a report on Wednesday, February 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $35.63.

In related news, Director Jay N. Levine bought 10,000 shares of the firm’s stock in a transaction on Tuesday, November 20th. The stock was acquired at an average cost of $27.65 per share, for a total transaction of $276,500.00. Following the purchase, the director now owns 3,107,296 shares in the company, valued at $85,916,734.40. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Jay N. Levine bought 15,000 shares of the firm’s stock in a transaction on Wednesday, November 14th. The shares were bought at an average price of $29.61 per share, with a total value of $444,150.00. Following the completion of the purchase, the director now owns 3,092,296 shares in the company, valued at approximately $91,562,884.56. The disclosure for this purchase can be found here. 43.93% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in OMF. Bank of America Corp DE grew its position in shares of OneMain by 12.8% during the 2nd quarter. Bank of America Corp DE now owns 279,311 shares of the financial services provider’s stock valued at $9,298,000 after acquiring an additional 31,680 shares during the period. California Public Employees Retirement System grew its position in shares of OneMain by 18.4% during the 2nd quarter. California Public Employees Retirement System now owns 53,253 shares of the financial services provider’s stock valued at $1,773,000 after acquiring an additional 8,281 shares during the period. Northern Trust Corp grew its position in shares of OneMain by 5.6% during the 2nd quarter. Northern Trust Corp now owns 371,095 shares of the financial services provider’s stock valued at $12,353,000 after acquiring an additional 19,819 shares during the period. First Trust Advisors LP grew its position in shares of OneMain by 20.3% during the 3rd quarter. First Trust Advisors LP now owns 432,327 shares of the financial services provider’s stock valued at $14,531,000 after acquiring an additional 72,960 shares during the period. Finally, Russell Investments Group Ltd. grew its position in shares of OneMain by 68.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 564,233 shares of the financial services provider’s stock valued at $18,996,000 after acquiring an additional 229,149 shares during the period. Institutional investors and hedge funds own 91.65% of the company’s stock.

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About OneMain

OneMain Holdings, Inc, through its subsidiaries, provides consumer finance and insurance products and services. The company operates in two segments, Consumer and Insurance, and Acquisitions and Servicing. It provides secured and unsecured personal loans; credit insurance products, such as life, disability, and involuntary unemployment insurance products; non-credit insurance; and auto membership plans, as well as retail sales finance services.

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Earnings History for OneMain (NYSE:OMF)

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