OneMain Holdings Inc. (OMF) Stock Price Up 3%
Shares of OneMain Holdings Inc. (NYSE:OMF) rose 3% during trading on Monday . The stock traded as high as $30.53 and last traded at $30.35, with a volume of 164,960 shares changing hands. The stock had previously closed at $29.46.
OMF has been the topic of several analyst reports. Barclays PLC restated an “overweight” rating and set a $36.00 price target on shares of OneMain Holdings in a research report on Friday, July 15th. Zacks Investment Research upgraded shares of OneMain Holdings from a “sell” rating to a “hold” rating in a research report on Friday, July 15th. Credit Suisse Group AG restated a “buy” rating on shares of OneMain Holdings in a research report on Friday, August 5th. Finally, Jefferies Group restated a “buy” rating and set a $40.00 price target on shares of OneMain Holdings in a research report on Sunday, July 10th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $39.88.
The stock’s 50-day moving average is $28.44 and its 200-day moving average is $27.26. The company’s market cap is $4.01 billion.
OneMain Holdings (NYSE:OMF) last issued its quarterly earnings data on Thursday, August 4th. The company reported $0.96 earnings per share for the quarter, missing the consensus estimate of $1.00 by $0.04. During the same period last year, the firm posted $0.38 EPS. On average, analysts predict that OneMain Holdings Inc. will post $4.28 EPS for the current year.
A hedge fund recently bought a new stake in OneMain Holdings stock. American International Group Inc. acquired a new stake in OneMain Holdings Inc. (NYSE:OMF) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,181,619 shares of the company’s stock, valued at approximately $173,704,000. American International Group Inc. owned about 3.11% of OneMain Holdings as of its most recent filing with the SEC.
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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