Barclays PLC Has $4.75 Million Position in OneMain Holdings, Inc. (NYSE:OMF)

Barclays PLC boosted its stake in OneMain Holdings, Inc. (NYSE:OMF - Free Report) by 22.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 100,831 shares of the financial services provider's stock after buying an additional 18,190 shares during the period. Barclays PLC owned 0.08% of OneMain worth $4,747,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in OMF. Dimensional Fund Advisors LP boosted its holdings in shares of OneMain by 9.0% in the second quarter. Dimensional Fund Advisors LP now owns 3,288,643 shares of the financial services provider's stock worth $159,465,000 after buying an additional 270,207 shares during the period. State Street Corp boosted its position in shares of OneMain by 0.8% during the 3rd quarter. State Street Corp now owns 2,140,861 shares of the financial services provider's stock valued at $100,770,000 after acquiring an additional 16,615 shares in the last quarter. Clearbridge Investments LLC lifted its holdings in OneMain by 1.3% during the 2nd quarter. Clearbridge Investments LLC now owns 1,914,355 shares of the financial services provider's stock valued at $92,827,000 after purchasing an additional 24,338 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of OneMain by 2.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,412,436 shares of the financial services provider's stock valued at $66,483,000 after buying an additional 30,558 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of OneMain by 1.1% during the second quarter. Bank of New York Mellon Corp now owns 1,169,590 shares of the financial services provider's stock valued at $56,713,000 after acquiring an additional 12,938 shares during the period. 85.82% of the stock is currently owned by institutional investors.

OneMain Stock Up 1.4 %

NYSE:OMF traded up $0.73 on Friday, reaching $51.91. The company's stock had a trading volume of 1,494,892 shares, compared to its average volume of 1,001,118. OneMain Holdings, Inc. has a 12-month low of $41.70 and a 12-month high of $57.97. The stock has a 50 day moving average price of $52.92 and a 200 day moving average price of $49.69. The firm has a market cap of $6.20 billion, a price-to-earnings ratio of 11.36, a price-to-earnings-growth ratio of 0.69 and a beta of 1.56.

OneMain Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Tuesday, November 12th were issued a $1.04 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 8.01%. OneMain's payout ratio is 91.03%.

Insider Activity

In other OneMain news, SVP Michael A. Hedlund sold 1,992 shares of the business's stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $52.00, for a total transaction of $103,584.00. Following the sale, the senior vice president now directly owns 18,955 shares in the company, valued at approximately $985,660. The trade was a 9.51 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Douglas H. Shulman sold 5,000 shares of OneMain stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $53.00, for a total transaction of $265,000.00. Following the completion of the transaction, the chief executive officer now directly owns 412,474 shares in the company, valued at approximately $21,861,122. This trade represents a 1.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,492 shares of company stock valued at $1,582,384 over the last quarter. Corporate insiders own 0.45% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on OMF. Wells Fargo & Company boosted their price objective on OneMain from $49.00 to $52.00 and gave the company an "equal weight" rating in a research report on Thursday, October 31st. JMP Securities upped their target price on shares of OneMain from $60.00 to $62.00 and gave the company a "market outperform" rating in a report on Thursday, October 31st. StockNews.com cut shares of OneMain from a "buy" rating to a "hold" rating in a research note on Tuesday, November 5th. Compass Point raised their target price on shares of OneMain from $60.00 to $63.00 and gave the stock a "buy" rating in a report on Thursday, October 31st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of OneMain from $56.00 to $59.00 and gave the company an "overweight" rating in a research note on Monday, December 9th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $56.08.

OneMain Company Profile

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.