OneMain Holdings Inc. (NYSE:OMF) EVP John Charles Anderson acquired 20,000 shares of OneMain Holdings stock in a transaction that occurred on Thursday, November 10th. The shares were purchased at an average cost of $18.06 per share, with a total value of $361,200.00. Following the purchase, the executive vice president now owns 1,192,917 shares of the company’s stock, valued at approximately $21,544,081.02. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of OneMain Holdings Inc. (NYSE:OMF) opened at 20.53 on Tuesday. The company’s 50-day moving average is $28.45 and its 200 day moving average is $28.55. OneMain Holdings Inc. has a 12 month low of $16.03 and a 12 month high of $50.02. The stock’s market capitalization is $2.77 billion.

OneMain Holdings (NYSE:OMF) last released its earnings results on Monday, November 7th. The company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $1.07 by $0.17. OneMain Holdings had a positive return on equity of 19.47% and a negative net margin of 0.44%. During the same period in the prior year, the company earned $0.36 EPS. Equities research analysts predict that OneMain Holdings Inc. will post $3.83 earnings per share for the current year.

Insider Buying and Selling by Quarter for OneMain Holdings (NYSE:OMF)

Several hedge funds have recently added to or reduced their stakes in the company. Alliancebernstein L.P. increased its stake in OneMain Holdings by 45.9% in the second quarter. Alliancebernstein L.P. now owns 7,252,736 shares of the company’s stock valued at $165,507,000 after buying an additional 2,280,486 shares during the period. Vanguard Group Inc. increased its stake in OneMain Holdings by 4.4% in the second quarter. Vanguard Group Inc. now owns 3,706,353 shares of the company’s stock valued at $84,579,000 after buying an additional 155,700 shares during the period. Omega Advisors Inc. increased its stake in OneMain Holdings by 2.1% in the second quarter. Omega Advisors Inc. now owns 3,220,063 shares of the company’s stock valued at $73,482,000 after buying an additional 64,984 shares during the period. Key Colony Management LLC increased its stake in OneMain Holdings by 20.2% in the second quarter. Key Colony Management LLC now owns 1,320,170 shares of the company’s stock valued at $30,126,000 after buying an additional 221,798 shares during the period. Finally, BlackRock Institutional Trust Company N.A. increased its stake in OneMain Holdings by 7.4% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 1,309,377 shares of the company’s stock valued at $40,525,000 after buying an additional 90,183 shares during the period. Institutional investors and hedge funds own 99.37% of the company’s stock.

Several brokerages recently commented on OMF. Guggenheim cut shares of OneMain Holdings from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $38.00 to $25.00 in a research note on Tuesday, November 8th. Janney Montgomery Scott cut shares of OneMain Holdings from a “buy” rating to a “neutral” rating and cut their price target for the stock from $65.00 to $30.00 in a research note on Tuesday, November 8th. FBR & Co cut shares of OneMain Holdings from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $40.00 to $26.00 in a research note on Tuesday, November 8th. Northland Securities cut shares of OneMain Holdings from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $38.50 to $25.00 in a research note on Wednesday, November 9th. Finally, Credit Suisse Group AG reissued a “buy” rating on shares of OneMain Holdings in a research note on Friday, August 5th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company’s stock. OneMain Holdings has a consensus rating of “Hold” and a consensus price target of $29.75.

About OneMain Holdings

OneMain Holdings, Inc, formerly Springleaf Holdings, Inc, incorporated on August 5, 2013, is a financial services holding company. The Company provides responsible loan products; offers credit and non-credit insurance; pursues strategic acquisitions of loan portfolios, and pursues acquisitions of companies and/or establish joint ventures.

5 Day Chart for NYSE:OMF

Receive News & Stock Ratings for OneMain Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneMain Holdings Inc. and related stocks with our FREE daily email newsletter.