OneMain Holdings, Inc. (NYSE:OMF) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.

A number of other analysts have also weighed in on OMF. Jefferies Group LLC restated a “buy” rating and set a $30.00 target price on shares of OneMain Holdings in a research note on Friday, April 7th. BMO Capital Markets reaffirmed a “buy” rating and issued a $30.00 price target on shares of OneMain Holdings in a report on Tuesday, April 11th. Zacks Investment Research downgraded OneMain Holdings from a “hold” rating to a “sell” rating in a report on Friday, May 5th. Bank of America Corporation raised OneMain Holdings from an “underperform” rating to a “buy” rating and upped their price target for the company from $23.00 to $28.00 in a report on Thursday, May 11th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $28.00 price target on shares of OneMain Holdings in a report on Thursday, May 25th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $28.13.

Analyst Recommendations for OneMain Holdings (NYSE:OMF)

OneMain Holdings (NYSE OMF) traded up 0.55% on Friday, reaching $23.80. 499,447 shares of the company traded hands. The stock has a market capitalization of $3.22 billion, a price-to-earnings ratio of 28.92 and a beta of 2.85. The stock has a 50 day moving average of $23.15 and a 200-day moving average of $24.06. OneMain Holdings has a 1-year low of $16.03 and a 1-year high of $32.28.

OneMain Holdings (NYSE:OMF) last released its earnings results on Wednesday, May 3rd. The financial services provider reported $0.76 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.74 by $0.02. OneMain Holdings had a net margin of 3.16% and a return on equity of 17.31%. The firm had revenue of $698 million for the quarter, compared to analyst estimates of $773.82 million. During the same period in the prior year, the firm earned $1.05 earnings per share. The business’s quarterly revenue was down 23.1% compared to the same quarter last year. On average, equities analysts anticipate that OneMain Holdings will post $3.79 EPS for the current year.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OMF. Clearbridge Investments LLC boosted its position in OneMain Holdings by 4.3% in the first quarter. Clearbridge Investments LLC now owns 1,416,116 shares of the financial services provider’s stock valued at $35,190,000 after buying an additional 58,933 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in OneMain Holdings by 2.6% in the first quarter. Public Employees Retirement System of Ohio now owns 12,981 shares of the financial services provider’s stock valued at $323,000 after buying an additional 334 shares during the last quarter. FNY Partners Fund LP acquired a new position in OneMain Holdings during the first quarter valued at about $186,000. AQR Capital Management LLC boosted its position in OneMain Holdings by 1.0% in the first quarter. AQR Capital Management LLC now owns 52,543 shares of the financial services provider’s stock valued at $1,306,000 after buying an additional 506 shares during the last quarter. Finally, Gotham Asset Management LLC acquired a new position in OneMain Holdings during the first quarter valued at about $334,000. Hedge funds and other institutional investors own 95.25% of the company’s stock.

About OneMain Holdings

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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