OneMain Holdings, Inc. (NYSE:OMF) Shares Sold by Long Focus Capital Management LLC

Long Focus Capital Management LLC cut its stake in OneMain Holdings, Inc. (NYSE:OMF) by 10.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 265,000 shares of the financial services provider’s stock after selling 30,000 shares during the period. Long Focus Capital Management LLC owned 0.22% of OneMain worth $13,814,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in OMF. Albion Financial Group UT acquired a new stake in shares of OneMain in the 4th quarter valued at about $26,000. FNY Investment Advisers LLC bought a new position in OneMain during the 4th quarter worth approximately $26,000. Legend Financial Advisors Inc. acquired a new position in shares of OneMain in the 4th quarter worth approximately $26,000. IFP Advisors Inc increased its holdings in shares of OneMain by 180.0% in the 4th quarter. IFP Advisors Inc now owns 770 shares of the financial services provider’s stock valued at $40,000 after acquiring an additional 495 shares during the last quarter. Finally, Richardson Financial Services Inc. acquired a new stake in shares of OneMain during the 4th quarter valued at approximately $44,000. 85.82% of the stock is currently owned by institutional investors.

Insider Buying and Selling at OneMain

In related news, SVP Michael A. Hedlund sold 2,808 shares of OneMain stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $56.09, for a total transaction of $157,500.72. Following the transaction, the senior vice president now directly owns 15,831 shares of the company’s stock, valued at $887,960.79. The trade was a 15.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.45% of the stock is currently owned by corporate insiders.

OneMain Trading Up 5.0 %

OMF stock opened at $45.82 on Wednesday. The firm’s 50-day moving average is $48.67 and its two-hundred day moving average is $51.66. The company has a market capitalization of $5.47 billion, a price-to-earnings ratio of 10.81, a price-to-earnings-growth ratio of 0.44 and a beta of 1.35. OneMain Holdings, Inc. has a 52 week low of $38.00 and a 52 week high of $58.90.

OneMain Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Wednesday, February 12th were given a $1.04 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $4.16 dividend on an annualized basis and a yield of 9.08%. OneMain’s dividend payout ratio (DPR) is 98.11%.

Wall Street Analysts Forecast Growth

OMF has been the subject of several recent research reports. Barclays set a $56.00 target price on shares of OneMain in a research note on Friday, March 14th. Wells Fargo & Company increased their price objective on shares of OneMain from $52.00 to $57.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 21st. StockNews.com upgraded OneMain from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. Stephens reiterated an “overweight” rating and set a $62.00 price target on shares of OneMain in a research report on Monday, February 3rd. Finally, Northland Capmk raised OneMain from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 8th. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, OneMain presently has an average rating of “Moderate Buy” and an average target price of $58.17.

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.