OneMain Holdings, Inc. (NYSE:OMF) Director Wesley R. Edens sold 1,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $26.00, for a total transaction of $26,000,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

OneMain Holdings, Inc. (NYSE:OMF) traded up $0.95 during midday trading on Monday, reaching $27.21. 1,077,069 shares of the company traded hands, compared to its average volume of 651,130. OneMain Holdings, Inc. has a twelve month low of $21.35 and a twelve month high of $33.39. The firm has a market cap of $3,620.00, a P/E ratio of 8.01, a P/E/G ratio of 1.49 and a beta of 2.72.

OneMain (NYSE:OMF) last posted its quarterly earnings results on Wednesday, November 1st. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.14). OneMain had a net margin of 4.85% and a return on equity of 14.15%. The business had revenue of $808.00 million during the quarter, compared to analyst estimates of $800.50 million. During the same period in the previous year, the business posted $0.90 EPS. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. analysts forecast that OneMain Holdings, Inc. will post 3.52 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of the business. FMR LLC lifted its stake in OneMain by 7.9% during the 2nd quarter. FMR LLC now owns 10,776,907 shares of the financial services provider’s stock valued at $265,004,000 after acquiring an additional 789,858 shares in the last quarter. Vanguard Group Inc. lifted its stake in OneMain by 4.1% during the 2nd quarter. Vanguard Group Inc. now owns 4,401,256 shares of the financial services provider’s stock valued at $108,227,000 after acquiring an additional 172,224 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in OneMain by 22.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,888,253 shares of the financial services provider’s stock valued at $53,231,000 after acquiring an additional 344,126 shares in the last quarter. Brandywine Global Investment Management LLC lifted its stake in OneMain by 6.8% during the 2nd quarter. Brandywine Global Investment Management LLC now owns 1,612,038 shares of the financial services provider’s stock valued at $39,641,000 after acquiring an additional 102,652 shares in the last quarter. Finally, Alyeska Investment Group L.P. lifted its stake in OneMain by 5.9% during the 3rd quarter. Alyeska Investment Group L.P. now owns 1,314,062 shares of the financial services provider’s stock valued at $37,043,000 after acquiring an additional 72,821 shares in the last quarter. Institutional investors and hedge funds own 95.85% of the company’s stock.

Several brokerages have recently commented on OMF. Stephens raised shares of OneMain from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $29.00 to $35.00 in a research report on Wednesday, August 23rd. ValuEngine downgraded shares of OneMain from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Northland Securities reaffirmed a “hold” rating and set a $35.00 price objective on shares of OneMain in a research report on Friday, November 3rd. Citigroup began coverage on shares of OneMain in a research report on Monday, October 16th. They set a “neutral” rating and a $35.00 price objective for the company. Finally, Zacks Investment Research raised shares of OneMain from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Nine analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $32.21.

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OneMain Company Profile

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.

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