Tokio Marine Asset Management Co. Ltd. lowered its stake in shares of OneMain Holdings Inc (NYSE:OMF) by 31.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 52,300 shares of the financial services provider’s stock after selling 24,200 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in OneMain were worth $1,359,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in shares of OneMain by 103.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,336 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 2,200 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of OneMain in the 3rd quarter valued at $119,000. Cubist Systematic Strategies LLC acquired a new position in shares of OneMain in the 2nd quarter valued at $132,000. State of Alaska Department of Revenue acquired a new position in shares of OneMain in the 4th quarter valued at $142,000. Finally, Virginia Retirement Systems ET AL acquired a new position in shares of OneMain in the 3rd quarter valued at $206,000. 95.88% of the stock is currently owned by institutional investors.

Shares of OneMain Holdings Inc (NYSE:OMF) opened at $30.03 on Friday. The stock has a market capitalization of $4,260.81, a price-to-earnings ratio of 9.60, a P/E/G ratio of 1.37 and a beta of 2.86. OneMain Holdings Inc has a 1-year low of $22.04 and a 1-year high of $35.11.

OneMain (NYSE:OMF) last posted its quarterly earnings data on Wednesday, November 1st. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.05 by ($0.14). The firm had revenue of $808.00 million during the quarter, compared to analysts’ expectations of $800.50 million. OneMain had a net margin of 4.85% and a return on equity of 14.15%. OneMain’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.90 EPS. analysts expect that OneMain Holdings Inc will post 3.52 earnings per share for the current year.

In other OneMain news, Director Wesley R. Edens sold 1,000,000 shares of the company’s stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $26.00, for a total transaction of $26,000,000.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Fortress Investment Group Llc sold 7,500,000 shares of the company’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $25.10, for a total value of $188,250,000.00. The disclosure for this sale can be found here. 57.73% of the stock is currently owned by insiders.

Several equities analysts have recently commented on the company. JPMorgan Chase & Co. lowered OneMain from a “neutral” rating to an “underweight” rating and set a $25.00 price target on the stock. in a research note on Friday, January 12th. Bank of America set a $35.00 price target on OneMain and gave the company a “buy” rating in a research note on Friday, October 13th. ValuEngine lowered OneMain from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Northland Securities reaffirmed a “hold” rating and issued a $35.00 price target on shares of OneMain in a research note on Friday, November 3rd. Finally, Compass Point lowered OneMain from a “buy” rating to a “neutral” rating and set a $31.00 price target on the stock. in a research note on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $34.62.

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About OneMain

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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Institutional Ownership by Quarter for OneMain (NYSE:OMF)

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