OneMain Holdings, Inc. (NYSE:OMF) Shares Sold by Cwm LLC

Cwm LLC lessened its holdings in shares of OneMain Holdings, Inc. (NYSE:OMF) by 0.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,074 shares of the financial services provider’s stock after selling 313 shares during the period. Cwm LLC’s holdings in OneMain were worth $1,627,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of OMF. Quantbot Technologies LP acquired a new position in OneMain during the third quarter worth $26,000. Blue Trust Inc. grew its holdings in OneMain by 49.9% during the fourth quarter. Blue Trust Inc. now owns 730 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 243 shares during the period. Operose Advisors LLC acquired a new position in OneMain during the third quarter worth $40,000. Allworth Financial LP grew its holdings in OneMain by 368.4% during the third quarter. Allworth Financial LP now owns 1,068 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 840 shares during the period. Finally, ZRC Wealth Management LLC acquired a new position in OneMain during the fourth quarter worth $45,000. Institutional investors and hedge funds own 85.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on OMF. Northland Securities lowered OneMain from an “outperform” rating to a “market perform” rating and upped their price objective for the stock from $46.00 to $49.00 in a report on Wednesday, January 17th. Barclays decreased their target price on OneMain from $57.00 to $54.00 and set an “overweight” rating on the stock in a research report on Thursday, February 8th. Deutsche Bank Aktiengesellschaft started coverage on OneMain in a research report on Wednesday, January 10th. They set a “buy” rating and a $68.00 target price on the stock. Citigroup decreased their target price on OneMain from $54.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. Finally, Piper Sandler downgraded OneMain from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $55.00 to $49.00 in a research report on Thursday, February 8th. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $51.54.

OneMain Stock Up 0.8 %

Shares of NYSE:OMF opened at $50.90 on Friday. OneMain Holdings, Inc. has a 52-week low of $33.67 and a 52-week high of $51.65. The stock’s fifty day simple moving average is $48.51 and its 200-day simple moving average is $45.17. The company has a market capitalization of $6.10 billion, a P/E ratio of 9.57, a P/E/G ratio of 0.71 and a beta of 1.65.

OneMain (NYSE:OMF) last released its earnings results on Wednesday, February 7th. The financial services provider reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.02. OneMain had a return on equity of 21.07% and a net margin of 14.04%. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $913.90 million. During the same period in the prior year, the business posted $1.56 earnings per share. On average, sell-side analysts anticipate that OneMain Holdings, Inc. will post 5.67 earnings per share for the current year.

OneMain Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Tuesday, February 20th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Friday, February 16th. This represents a $4.00 annualized dividend and a yield of 7.86%. OneMain’s dividend payout ratio (DPR) is presently 75.19%.

OneMain Profile

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.