OneMain Holdings Inc (NYSE:OMF) Director Fortress Investment Group Llc sold 7,500,000 shares of the stock in a transaction on Monday, December 18th. The stock was sold at an average price of $25.10, for a total transaction of $188,250,000.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of OneMain Holdings Inc (NYSE:OMF) traded up $0.25 during trading hours on Monday, hitting $25.50. The stock had a trading volume of 2,101,900 shares, compared to its average volume of 677,483. The firm has a market capitalization of $3,451.40, a P/E ratio of 7.77, a P/E/G ratio of 1.45 and a beta of 2.72. OneMain Holdings Inc has a 12 month low of $21.50 and a 12 month high of $33.39.

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

Large investors have recently modified their holdings of the company. Russell Investments Group Ltd. grew its position in OneMain by 73.5% during the second quarter. Russell Investments Group Ltd. now owns 98,052 shares of the financial services provider’s stock worth $2,411,000 after buying an additional 41,531 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in OneMain by 11.3% during the second 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 in the last quarter. Federated Investors Inc. PA grew its position in OneMain by 46.7% during the second quarter. Federated Investors Inc. PA now owns 436,425 shares of the financial services provider’s stock worth $10,731,000 after buying an additional 138,948 shares in the last quarter. American Century Companies Inc. grew its position in OneMain by 73.5% during the second quarter. American Century Companies Inc. now owns 654,916 shares of the financial services provider’s stock worth $16,104,000 after buying an additional 277,433 shares in the last quarter. Finally, Airain ltd acquired a new stake in OneMain during the second quarter worth about $536,000. 95.85% of the stock is currently owned by institutional investors.

Several equities analysts have commented on the stock. Barclays reissued a “hold” rating and set a $35.00 target price on shares of OneMain in a research report on Wednesday, December 13th. Bank of America downgraded shares of OneMain from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 8th. ValuEngine downgraded shares of OneMain from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. BMO Capital Markets reissued a “buy” rating on shares of OneMain in a research report on Monday, November 6th. Finally, Northland Securities reissued a “hold” rating and set a $35.00 target price on shares of OneMain in a research report on Friday, November 3rd. Nine equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $32.85.

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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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