Vista Finance LLC Makes New $331,000 Investment in OneMain Holdings, Inc. (NYSE:OMF)

Vista Finance LLC bought a new stake in OneMain Holdings, Inc. (NYSE:OMF - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,352 shares of the financial services provider's stock, valued at approximately $331,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Legend Financial Advisors Inc. acquired a new stake in shares of OneMain in the fourth quarter valued at $26,000. FNY Investment Advisers LLC acquired a new stake in shares of OneMain in the fourth quarter valued at $26,000. Albion Financial Group UT acquired a new stake in shares of OneMain in the fourth quarter valued at $26,000. Continuum Advisory LLC acquired a new stake in shares of OneMain in the third quarter valued at $28,000. Finally, Richardson Financial Services Inc. acquired a new stake in shares of OneMain in the fourth quarter valued at $44,000. Hedge funds and other institutional investors own 85.82% of the company's stock.

OneMain Stock Down 1.1 %

OMF traded down $0.63 on Wednesday, hitting $57.06. 706,768 shares of the company traded hands, compared to its average volume of 1,012,517. The company has a 50 day moving average of $54.57 and a 200-day moving average of $51.18. The stock has a market capitalization of $6.81 billion, a PE ratio of 13.46, a PEG ratio of 0.45 and a beta of 1.59. OneMain Holdings, Inc. has a 12-month low of $41.70 and a 12-month high of $58.90.

OneMain Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Wednesday, February 12th will be paid a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 7.29%. The ex-dividend date of this dividend is Wednesday, February 12th. OneMain's dividend payout ratio is presently 98.11%.

Analyst Ratings Changes

Several research analysts recently commented on the company. Stephens reissued an "overweight" rating and set a $62.00 target price on shares of OneMain in a research note on Monday, February 3rd. StockNews.com raised OneMain from a "hold" rating to a "buy" rating in a research 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 research report on Monday, February 3rd. JMP Securities reaffirmed a "market outperform" rating and set a $65.00 price objective on shares of OneMain in a research report on Monday, February 3rd. Finally, Wells Fargo & Company boosted their target price on OneMain from $52.00 to $57.00 and gave the company an "equal weight" rating in a report on Tuesday, January 21st. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average 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.