Philadelphia Financial Management of San Francisco LLC trimmed its position in shares of OneMain Holdings Inc (NYSE:OMF) by 36.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 322,375 shares of the financial services provider’s stock after selling 186,792 shares during the period. Philadelphia Financial Management of San Francisco LLC’s holdings in OneMain were worth $8,379,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Flinton Capital Management LLC acquired a new stake in shares of OneMain during the 4th quarter valued at about $422,000. Meadow Creek Investment Management LLC acquired a new stake in shares of OneMain during the 4th quarter valued at about $199,000. Cornerstone Capital Management Holdings LLC. acquired a new stake in shares of OneMain during the 4th quarter valued at about $164,000. Elkfork Partners LLC acquired a new stake in shares of OneMain during the 4th quarter valued at about $348,000. Finally, TIAA CREF Investment Management LLC lifted its holdings in shares of OneMain by 9.6% during the 4th quarter. TIAA CREF Investment Management LLC now owns 166,786 shares of the financial services provider’s stock valued at $4,335,000 after buying an additional 14,674 shares during the last quarter. Institutional investors and hedge funds own 94.34% of the company’s stock.

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OneMain Holdings Inc (NYSE OMF) traded down $0.27 on Wednesday, reaching $31.30. The company had a trading volume of 16,988 shares, compared to its average volume of 976,460. OneMain Holdings Inc has a 12-month low of $22.04 and a 12-month high of $36.32. The firm has a market cap of $4,260.00, a price-to-earnings ratio of 16.27, a P/E/G ratio of 1.31 and a beta of 2.79.

OneMain (NYSE:OMF) last posted its earnings results on Wednesday, February 14th. The financial services provider reported $1.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.05 by $0.01. OneMain had a return on equity of 15.04% and a net margin of 5.06%. The firm had revenue of $799.00 million during the quarter, compared to analyst estimates of $798.70 million. During the same period in the previous year, the company earned $0.80 EPS. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. sell-side analysts predict that OneMain Holdings Inc will post 4.91 earnings per share for the current fiscal year.

Several equities research analysts have recently issued reports on OMF shares. Janney Montgomery Scott upgraded OneMain from a “neutral” rating to a “buy” rating in a report on Thursday, March 1st. Zacks Investment Research upgraded OneMain from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a report on Wednesday, January 31st. Bank of America upgraded OneMain from a “neutral” rating to a “buy” rating and set a $41.00 price target for the company in a report on Thursday, January 4th. Compass Point upgraded OneMain from a “neutral” rating to a “buy” rating in a report on Thursday, January 4th. Finally, Jefferies Group reiterated a “buy” rating and set a $48.00 price target on shares of OneMain in a report on Thursday, January 11th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the stock. OneMain presently has a consensus rating of “Buy” and a consensus target price of $34.58.

In related news, Director Fortress Investment Group Llc sold 7,500,000 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $25.10, for a total value of $188,250,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 57.73% of the stock is currently owned by insiders.

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OneMain Company Profile

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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