Clearbridge Investments LLC lessened its stake in OneMain Holdings Inc (NYSE:OMF) by 2.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,391,199 shares of the financial services provider’s stock after selling 33,550 shares during the quarter. Clearbridge Investments LLC’s holdings in OneMain were worth $36,157,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its stake in shares of OneMain by 5.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 194,040 shares of the financial services provider’s stock valued at $5,471,000 after buying an additional 9,618 shares during the period. Prudential Financial Inc. purchased a new position in shares of OneMain in the 3rd quarter valued at about $583,000. Polianta Ltd purchased a new position in shares of OneMain in the 4th quarter valued at about $1,177,000. Gruss Capital Management LP boosted its stake in shares of OneMain by 37.1% in the 3rd quarter. Gruss Capital Management LP now owns 975,000 shares of the financial services provider’s stock valued at $27,485,000 after buying an additional 264,000 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its stake in shares of OneMain by 197.3% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 52,423 shares of the financial services provider’s stock valued at $1,478,000 after buying an additional 34,792 shares during the period. Institutional investors and hedge funds own 94.34% of the company’s stock.

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OMF has been the subject of several recent research reports. Jefferies Group reiterated a “buy” rating and issued a $48.00 price objective on shares of OneMain in a research note on Thursday, January 11th. Compass Point upgraded OneMain from a “neutral” rating to a “buy” rating in a research note on Thursday, January 4th. Barclays reiterated a “hold” rating and issued a $35.00 price objective on shares of OneMain in a research note on Wednesday, December 13th. Bank of America upgraded OneMain from a “neutral” rating to a “buy” rating and set a $41.00 price objective for the company in a research note on Thursday, January 4th. Finally, Zacks Investment Research cut OneMain from a “buy” rating to a “hold” rating in a research note on Thursday. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $34.58.

In other news, Director Fortress Investment Group Llc sold 7,500,000 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $25.10, for a total transaction of $188,250,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 57.73% of the stock is currently owned by company insiders.

Shares of OneMain Holdings Inc (OMF) opened at $31.22 on Thursday. OneMain Holdings Inc has a 12-month low of $22.04 and a 12-month high of $36.32. The firm has a market capitalization of $4,260.00, a PE ratio of 16.09, a PEG ratio of 1.31 and a beta of 2.79.

OneMain (NYSE:OMF) last issued its earnings results on Wednesday, February 14th. The financial services provider reported $1.06 earnings per share for the quarter, topping the 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 business had revenue of $799.00 million for the quarter, compared to analyst estimates of $798.70 million. During the same quarter last year, the company earned $0.80 EPS. The business’s quarterly revenue was up 11.9% on a year-over-year basis. research analysts anticipate that OneMain Holdings Inc will post 4.91 earnings per share for the current year.

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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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