OneMain Holdings, Inc. (NYSE:OMF) Shares Bought by Blue Trust Inc.

Blue Trust Inc. raised its holdings in OneMain Holdings, Inc. (NYSE:OMF) by 36.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,669 shares of the financial services provider’s stock after acquiring an additional 450 shares during the period. Blue Trust Inc.’s holdings in OneMain were worth $87,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Legend Financial Advisors Inc. acquired a new position in OneMain in the 4th quarter valued at $26,000. FNY Investment Advisers LLC acquired a new stake in shares of OneMain during the 4th quarter worth $26,000. Albion Financial Group UT acquired a new stake in shares of OneMain during the 4th quarter worth $26,000. Continuum Advisory LLC acquired a new stake in shares of OneMain during the 3rd quarter worth $28,000. Finally, Richardson Financial Services Inc. acquired a new stake in shares of OneMain during the 4th quarter worth $44,000. 85.82% of the stock is currently owned by institutional investors and hedge funds.

OneMain Price Performance

NYSE:OMF opened at $54.21 on Friday. The firm has a 50-day moving average of $54.63 and a two-hundred day moving average of $51.45. The stock has a market cap of $6.47 billion, a P/E ratio of 12.79, a PEG ratio of 0.44 and a beta of 1.59. OneMain Holdings, Inc. has a 1-year low of $41.70 and a 1-year high of $58.90.

OneMain Announces Dividend

The company also recently disclosed 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 of this dividend was Wednesday, February 12th. This represents a $4.16 dividend on an annualized basis and a yield of 7.67%. OneMain’s payout ratio is currently 98.11%.

Analyst Ratings Changes

A number of research firms have recently commented on OMF. StockNews.com upgraded OneMain from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. Royal Bank of Canada upped their price objective on OneMain from $62.00 to $65.00 and gave the stock an “outperform” rating in a report on Monday, February 3rd. Wells Fargo & Company upped their price objective on OneMain from $52.00 to $57.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 21st. JMP Securities restated a “market outperform” rating and set a $65.00 price objective on shares of OneMain in a report on Monday, February 3rd. Finally, JPMorgan Chase & Co. decreased their price target on shares of OneMain from $59.00 to $58.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, OneMain currently has a consensus rating of “Moderate Buy” and a consensus target price of $58.36.

About OneMain

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.