FCF Advisors LLC Has $388,000 Holdings in OneMain Holdings, Inc. (NYSE:OMF)

FCF Advisors LLC decreased its stake in OneMain Holdings, Inc. (NYSE:OMF) by 50.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 8,243 shares of the financial services provider’s stock after selling 8,242 shares during the period. FCF Advisors LLC’s holdings in OneMain were worth $388,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of OMF. Brave Warrior Advisors LLC raised its stake in shares of OneMain by 21.1% in the fourth quarter. Brave Warrior Advisors LLC now owns 6,416,800 shares of the financial services provider’s stock valued at $315,707,000 after acquiring an additional 1,118,166 shares during the last quarter. Capital International Investors raised its position in OneMain by 10.2% in the 1st quarter. Capital International Investors now owns 9,570,103 shares of the financial services provider’s stock valued at $488,937,000 after purchasing an additional 889,387 shares during the last quarter. Clearbridge Investments LLC boosted its stake in OneMain by 64.8% in the first quarter. Clearbridge Investments LLC now owns 1,890,017 shares of the financial services provider’s stock worth $96,561,000 after purchasing an additional 743,034 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of OneMain by 7,566.2% during the second quarter. Principal Financial Group Inc. now owns 718,172 shares of the financial services provider’s stock worth $34,824,000 after purchasing an additional 708,804 shares during the last quarter. Finally, Argent Capital Management LLC increased its stake in shares of OneMain by 608.1% in the first quarter. Argent Capital Management LLC now owns 503,613 shares of the financial services provider’s stock valued at $25,730,000 after buying an additional 432,492 shares in the last quarter. 85.82% of the stock is currently owned by institutional investors.

Insider Transactions at OneMain

In related news, COO Micah R. Conrad sold 886 shares of the firm’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $50.00, for a total value of $44,300.00. Following the completion of the transaction, the chief operating officer now owns 104,739 shares of the company’s stock, valued at approximately $5,236,950. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other OneMain news, CEO Douglas H. Shulman sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $50.00, for a total value of $250,000.00. Following the completion of the transaction, the chief executive officer now directly owns 417,474 shares in the company, valued at $20,873,700. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Micah R. Conrad sold 886 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $50.00, for a total value of $44,300.00. Following the sale, the chief operating officer now owns 104,739 shares in the company, valued at approximately $5,236,950. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 32,300 shares of company stock valued at $1,534,275 over the last 90 days. 0.45% of the stock is owned by corporate insiders.

OneMain Price Performance

OMF opened at $45.77 on Wednesday. The company has a market capitalization of $5.48 billion, a price-to-earnings ratio of 8.92, a P/E/G ratio of 0.81 and a beta of 1.56. The business’s 50-day moving average price is $46.84 and its two-hundred day moving average price is $48.56. OneMain Holdings, Inc. has a 1 year low of $35.00 and a 1 year high of $54.94.

OneMain (NYSE:OMF) last posted its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.12. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $918.74 million. OneMain had a return on equity of 20.63% and a net margin of 12.33%. During the same period last year, the company earned $1.01 earnings per share. Sell-side analysts anticipate that OneMain Holdings, Inc. will post 5.11 earnings per share for the current fiscal year.

OneMain Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 16th. Stockholders of record on Monday, August 12th were issued a $1.04 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 9.09%. OneMain’s dividend payout ratio (DPR) is presently 81.09%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on OMF shares. JMP Securities reiterated a “market outperform” rating and set a $60.00 price target on shares of OneMain in a research report on Tuesday, September 24th. Northland Securities increased their price objective on OneMain from $53.00 to $55.00 and gave the company a “market perform” rating in a research report on Thursday, August 1st. Royal Bank of Canada reiterated an “outperform” rating and set a $60.00 price target on shares of OneMain in a research report on Tuesday, September 17th. JPMorgan Chase & Co. dropped their price objective on OneMain from $56.00 to $51.00 and set an “overweight” rating for the company in a report on Monday. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of OneMain from $64.00 to $61.00 and set a “buy” rating on the stock in a report on Tuesday, July 9th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, OneMain currently has an average rating of “Moderate Buy” and an average target price of $54.50.

OneMain Company 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.