Oportun Financial Co. (NASDAQ:OPRT) Shares Bought by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Oportun Financial Co. (NASDAQ:OPRT - Free Report) by 747.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 157,300 shares of the company's stock after acquiring an additional 138,735 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned 0.44% of Oportun Financial worth $610,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC lifted its holdings in Oportun Financial by 5.4% during the 3rd quarter. Empowered Funds LLC now owns 110,620 shares of the company's stock worth $311,000 after buying an additional 5,628 shares in the last quarter. RBF Capital LLC lifted its position in shares of Oportun Financial by 82.9% during the 3rd quarter. RBF Capital LLC now owns 978,079 shares of the company's stock worth $2,748,000 after purchasing an additional 443,177 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Oportun Financial by 4.9% during the third quarter. Geode Capital Management LLC now owns 311,450 shares of the company's stock worth $875,000 after purchasing an additional 14,683 shares in the last quarter. SkyView Investment Advisors LLC increased its holdings in Oportun Financial by 59.3% in the third quarter. SkyView Investment Advisors LLC now owns 107,500 shares of the company's stock valued at $302,000 after buying an additional 40,000 shares during the last quarter. Finally, Telos Capital Management Inc. purchased a new position in Oportun Financial in the fourth quarter valued at $52,000. 82.70% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

OPRT has been the subject of several analyst reports. BTIG Research initiated coverage on Oportun Financial in a research report on Wednesday, March 5th. They set a "buy" rating and a $10.00 price objective for the company. JMP Securities restated a "market perform" rating on shares of Oportun Financial in a report on Friday, February 14th.

Oportun Financial Stock Performance

NASDAQ OPRT traded down $0.20 on Wednesday, reaching $5.70. The stock had a trading volume of 313,846 shares, compared to its average volume of 299,934. The stock has a market cap of $205.96 million, a P/E ratio of -2.84 and a beta of 1.13. The business's 50-day moving average price is $5.77 and its 200 day moving average price is $4.11. Oportun Financial Co. has a 12-month low of $2.05 and a 12-month high of $9.25.

Oportun Financial (NASDAQ:OPRT - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.32. Oportun Financial had a negative net margin of 7.86% and a positive return on equity of 5.49%. On average, sell-side analysts predict that Oportun Financial Co. will post 0.94 earnings per share for the current year.

Oportun Financial Profile

Oportun Financial Corporation provides financial services. The company offers personal loans and credit cards. It serves customers through online and over the phone, as well as through retail and Lending as a Service partner locations. The company was founded in 2005 and is headquartered in San Carlos, California.