Shares of OneMain Holdings Inc (NYSE:OMF) have earned a consensus rating of “Hold” from the fifteen brokerages that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $34.80.

A number of research analysts have recently commented on the stock. Jefferies Group reissued a “buy” rating and issued a $48.00 price objective on shares of OneMain in a research report on Thursday, January 11th. Bank of America raised shares of OneMain from a “neutral” rating to a “buy” rating and set a $41.00 price objective for the company in a research report on Thursday, January 4th. JPMorgan Chase & Co. downgraded shares of OneMain from a “neutral” rating to an “underweight” rating and set a $25.00 price objective for the company. in a research report on Friday, January 12th. ValuEngine raised shares of OneMain from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, Compass Point raised shares of OneMain from a “neutral” rating to a “buy” rating in a research report on Thursday, January 4th.

In other news, Director Wesley R. Edens sold 1,000,000 shares of the firm’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $26.00, for a total transaction of $26,000,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,500,000 shares of company stock valued at $474,250,000. 57.73% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of OMF. Schwab Charles Investment Management Inc. lifted its stake in shares of OneMain by 11.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 240,700 shares of the financial services provider’s stock worth $5,919,000 after buying an additional 24,382 shares during the last quarter. Pacer Advisors Inc. raised its stake in OneMain by 12.0% in the 2nd quarter. Pacer Advisors Inc. now owns 7,261 shares of the financial services provider’s stock worth $179,000 after purchasing an additional 779 shares in the last quarter. Principal Financial Group Inc. acquired a new stake in OneMain in the 2nd quarter worth about $237,000. JPMorgan Chase & Co. raised its stake in OneMain by 103.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,336 shares of the financial services provider’s stock worth $107,000 after purchasing an additional 2,200 shares in the last quarter. Finally, TIAA CREF Investment Management LLC raised its stake in OneMain by 3.5% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 164,059 shares of the financial services provider’s stock worth $4,034,000 after purchasing an additional 5,622 shares in the last quarter. Institutional investors own 95.83% of the company’s stock.

Shares of OneMain (OMF) traded up $0.10 on Tuesday, hitting $33.10. 539,622 shares of the stock were exchanged, compared to its average volume of 1,177,760. OneMain has a 52 week low of $21.72 and a 52 week high of $35.11. The company has a market cap of $4,480.08, a P/E ratio of 26.27, a PEG ratio of 1.48 and a beta of 2.72.

OneMain (NYSE:OMF) last announced its quarterly earnings data on Wednesday, November 1st. The financial services provider reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.14). OneMain had a net margin of 4.85% and a return on equity of 14.15%. The firm had revenue of $808.00 million during the quarter, compared to the consensus estimate of $800.50 million. During the same period last year, the business earned $0.90 EPS. The business’s revenue was up 4.9% on a year-over-year basis. equities research analysts forecast that OneMain will post 3.52 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.

Analyst Recommendations for OneMain (NYSE:OMF)

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