Teachers Advisors LLC lessened its holdings in OneMain Holdings, Inc. (NYSE:OMF) by 6.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,043 shares of the financial services provider’s stock after selling 4,153 shares during the quarter. Teachers Advisors LLC’s holdings in OneMain Holdings were worth $1,550,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of OMF. Vanguard Group Inc. raised its holdings in shares of OneMain Holdings by 4.8% during the first quarter. Vanguard Group Inc. now owns 4,229,032 shares of the financial services provider’s stock valued at $105,091,000 after purchasing an additional 191,932 shares during the last quarter. Clearbridge Investments LLC grew its position in OneMain Holdings by 4.3% during the first quarter. Clearbridge Investments LLC now owns 1,416,116 shares of the financial services provider’s stock valued at $35,190,000 after buying an additional 58,933 shares during the period. Wedge Capital Management L L P NC boosted its position in shares of OneMain Holdings by 1.3% in the second quarter. Wedge Capital Management L L P NC now owns 911,867 shares of the financial services provider’s stock worth $22,423,000 after purchasing an additional 11,970 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of OneMain Holdings by 8.4% in the first quarter. Dimensional Fund Advisors LP now owns 867,924 shares of the financial services provider’s stock worth $21,570,000 after purchasing an additional 67,625 shares during the period. Finally, State Street Corp boosted its position in shares of OneMain Holdings by 3.0% in the first quarter. State Street Corp now owns 664,651 shares of the financial services provider’s stock worth $16,516,000 after purchasing an additional 19,612 shares during the period. Institutional investors own 95.80% of the company’s stock.
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OneMain Holdings, Inc. (OMF) traded down $0.27 during trading hours on Friday, hitting $24.98. 1,579,300 shares of the stock were exchanged, compared to its average volume of 624,698. The company has a market cap of $3,416.48, a PE ratio of 7.70, a P/E/G ratio of 1.43 and a beta of 2.87. OneMain Holdings, Inc. has a twelve month low of $18.23 and a twelve month high of $33.39.
OneMain Holdings (NYSE:OMF) last announced its quarterly earnings data on Wednesday, November 1st. The financial services provider reported $0.91 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.05 by ($0.14). The company had revenue of $808.00 million during the quarter, compared to analysts’ expectations of $800.50 million. OneMain Holdings had a net margin of 4.85% and a return on equity of 14.15%. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.90 earnings per share. sell-side analysts predict that OneMain Holdings, Inc. will post 3.52 earnings per share for the current year.
A number of research firms have weighed in on OMF. Bank of America Corporation lowered shares of OneMain Holdings from a “buy” rating to a “neutral” rating in a research report on Wednesday. ValuEngine downgraded shares of OneMain Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday. BMO Capital Markets reissued a “buy” rating on shares of OneMain Holdings in a research note on Monday, November 6th. Northland Securities reissued a “hold” rating and issued a $35.00 target price on shares of OneMain Holdings in a research note on Friday, November 3rd. Finally, Compass Point downgraded shares of OneMain Holdings from a “buy” rating to a “neutral” rating and set a $31.00 target price on the stock. in a research note on Friday, November 3rd. Nine analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $32.21.
About OneMain Holdings
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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