LSV Asset Management Has $7.42 Million Position in OneMain Holdings, Inc. (NYSE:OMF)

LSV Asset Management lowered its position in shares of OneMain Holdings, Inc. (NYSE:OMF - Free Report) by 33.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 142,300 shares of the financial services provider's stock after selling 70,400 shares during the quarter. LSV Asset Management owned 0.12% of OneMain worth $7,418,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of OMF. FNY Investment Advisers LLC purchased a new position in OneMain during the fourth quarter valued at approximately $26,000. Legend Financial Advisors Inc. acquired a new position in shares of OneMain in the fourth quarter worth $26,000. Albion Financial Group UT acquired a new stake in OneMain during the fourth quarter valued at $26,000. IFP Advisors Inc increased its position in OneMain by 180.0% in the 4th quarter. IFP Advisors Inc now owns 770 shares of the financial services provider's stock worth $40,000 after purchasing an additional 495 shares during the last quarter. Finally, Richardson Financial Services Inc. purchased a new stake in shares of OneMain during the 4th quarter worth about $44,000. 85.82% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

OMF has been the topic of several recent research reports. Northland Securities raised shares of OneMain from a "market perform" rating to an "outperform" rating in a research report on Tuesday, April 8th. Wells Fargo & Company lifted their price objective on shares of OneMain from $52.00 to $57.00 and gave the company an "equal weight" rating in a research note on Tuesday, January 21st. Barclays set a $56.00 target price on OneMain in a report on Friday, March 14th. Evercore ISI began coverage on OneMain in a report on Tuesday, March 25th. They set an "in-line" rating and a $58.00 price objective on the stock. Finally, StockNews.com upgraded OneMain from a "hold" rating to a "buy" rating in a report on Wednesday, February 12th. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $58.17.

Insiders Place Their Bets

In other news, SVP Michael A. Hedlund sold 2,808 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $56.09, for a total value of $157,500.72. Following the completion of the transaction, the senior vice president now owns 15,831 shares in the company, valued at approximately $887,960.79. This represents a 15.07 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.45% of the company's stock.

OneMain Stock Performance

Shares of NYSE:OMF traded up $0.28 on Friday, hitting $44.38. 1,010,398 shares of the company were exchanged, compared to its average volume of 1,031,285. The company's 50 day moving average price is $49.33 and its two-hundred day moving average price is $51.64. OneMain Holdings, Inc. has a one year low of $38.00 and a one year high of $58.90. The firm has a market capitalization of $5.29 billion, a price-to-earnings ratio of 10.47, a PEG ratio of 0.44 and a beta of 1.35.

OneMain Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Wednesday, February 12th were issued a $1.04 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $4.16 annualized dividend and a yield of 9.37%. OneMain's dividend payout ratio (DPR) is 98.11%.

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.