11,755 Shares in OneMain Holdings, Inc. $OMF Bought by Savant Capital LLC

Savant Capital LLC purchased a new stake in OneMain Holdings, Inc. (NYSE:OMF) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 11,755 shares of the financial services provider’s stock, valued at approximately $670,000.

Other institutional investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC acquired a new position in shares of OneMain during the second quarter valued at about $611,102,000. Dimensional Fund Advisors LP boosted its stake in OneMain by 7.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,736,070 shares of the financial services provider’s stock worth $182,610,000 after purchasing an additional 256,308 shares in the last quarter. Fiduciary Management Inc. WI grew its position in OneMain by 21.8% during the 1st quarter. Fiduciary Management Inc. WI now owns 2,647,875 shares of the financial services provider’s stock worth $129,428,000 after purchasing an additional 474,161 shares during the last quarter. Royal Bank of Canada grew its position in OneMain by 11.1% during the 1st quarter. Royal Bank of Canada now owns 1,000,775 shares of the financial services provider’s stock worth $48,919,000 after purchasing an additional 99,599 shares during the last quarter. Finally, Nuveen LLC acquired a new position in OneMain during the 1st quarter valued at approximately $48,282,000. Institutional investors and hedge funds own 85.82% of the company’s stock.

Insider Buying and Selling

In related news, COO Micah R. Conrad sold 5,000 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $59.20, for a total value of $296,000.00. Following the completion of the transaction, the chief operating officer directly owned 88,221 shares in the company, valued at $5,222,683.20. The trade was a 5.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Douglas H. Shulman sold 35,000 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $59.54, for a total transaction of $2,083,900.00. Following the sale, the chief executive officer directly owned 231,600 shares in the company, valued at $13,789,464. This trade represents a 13.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.40% of the company’s stock.

OneMain Price Performance

NYSE OMF opened at $59.16 on Friday. OneMain Holdings, Inc. has a 1 year low of $38.00 and a 1 year high of $63.24. The company has a market capitalization of $6.97 billion, a PE ratio of 10.68, a P/E/G ratio of 0.45 and a beta of 1.37. The company has a fifty day moving average of $58.08 and a 200 day moving average of $56.37.

OneMain (NYSE:OMF) last released its quarterly earnings data on Friday, October 31st. The financial services provider reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.32. The business had revenue of $747.00 million during the quarter, compared to analyst estimates of $1.24 billion. OneMain had a return on equity of 20.65% and a net margin of 12.63%.During the same quarter last year, the business posted $1.31 EPS. Research analysts expect that OneMain Holdings, Inc. will post 6.46 earnings per share for the current year.

OneMain Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 14th. Shareholders of record on Monday, November 10th were issued a $1.05 dividend. The ex-dividend date of this dividend was Monday, November 10th. This is a boost from OneMain’s previous quarterly dividend of $1.04. This represents a $4.20 dividend on an annualized basis and a yield of 7.1%. OneMain’s dividend payout ratio is presently 71.19%.

Analyst Upgrades and Downgrades

OMF has been the subject of several research reports. Citigroup reiterated an “outperform” rating on shares of OneMain in a research note on Monday, November 3rd. Royal Bank Of Canada raised their target price on OneMain from $68.00 to $70.00 and gave the stock an “outperform” rating in a research note on Monday, November 3rd. Citizens Jmp lifted their price target on OneMain from $63.00 to $70.00 and gave the stock a “market outperform” rating in a research report on Monday, November 3rd. JPMorgan Chase & Co. boosted their price target on OneMain from $57.00 to $59.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Finally, Wall Street Zen upgraded OneMain from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, OneMain has a consensus rating of “Moderate Buy” and a consensus target price of $63.13.

OneMain Company Profile

OneMain Holdings, Inc, a financial service holding company, engages in the consumer finance and insurance businesses in the United States. It originates, underwrites, and services personal loans secured by automobiles, other titled collateral, or unsecured. The company also offers credit cards; optional credit insurance products, including life, disability, and involuntary unemployment insurance; optional non-credit insurance; guaranteed asset protection coverage as a waiver product or insurance; and membership plans.