Shares of OneMain Holdings Inc. (NYSE:OMF) fell 3.6% during mid-day trading on Tuesday . The stock traded as low as $29.43 and last traded at $29.52, with a volume of 136,567 shares changing hands. The stock had previously closed at $30.61.

Several brokerages have recently issued reports on OMF. Jefferies Group restated a “buy” rating and issued a $40.00 price objective on shares of OneMain Holdings in a research report on Sunday, July 10th. Credit Suisse Group AG restated a “buy” rating on shares of OneMain Holdings in a research report on Saturday, June 4th. Barclays PLC dropped their target price on OneMain Holdings from $35.00 to $34.00 and set an “overweight” rating for the company in a research note on Tuesday, April 12th. Finally, Zacks Investment Research lowered OneMain Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, April 12th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $39.88.

The company has a 50 day moving average of $25.96 and a 200 day moving average of $26.94. The stock’s market capitalization is $4.01 billion.

OneMain Holdings (NYSE:OMF) last issued its quarterly earnings results on Thursday, August 4th. The company reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by $0.04. During the same quarter in the prior year, the business posted $0.38 earnings per share. Equities research analysts anticipate that OneMain Holdings Inc. will post $4.29 EPS for the current fiscal year.

Several institutional investors have recently modified their holdings of the stock. UBS Oconnor LLC purchased a new position in shares of OneMain Holdings during the fourth quarter valued at about $2,865,000. Rhumbline Advisers purchased a new position in shares of OneMain Holdings during the fourth quarter valued at about $1,446,000. State of Wisconsin Investment Board purchased a new position in shares of OneMain Holdings during the fourth quarter valued at about $1,566,000. California Public Employees Retirement System purchased a new position in shares of OneMain Holdings during the fourth quarter valued at about $2,243,000. Finally, Wells Fargo & Company MN purchased a new position in shares of OneMain Holdings during the fourth quarter valued at about $9,221,000.

OneMain Holdings, Inc, formerly Springleaf Holdings, Inc (SHI), is a consumer financial services holding company. The Company provides responsible loan products to customers through its branch network and through its centralized operations. The Company operates its business through three segments: Consumer and Insurance; Acquisitions and Servicing, and Real Estate.

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