RBF Capital LLC Has $3.43 Million Stock Position in Oportun Financial Co. (NASDAQ:OPRT)

RBF Capital LLC decreased its holdings in shares of Oportun Financial Co. (NASDAQ:OPRT - Free Report) by 9.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 884,654 shares of the company's stock after selling 93,425 shares during the quarter. RBF Capital LLC owned about 2.46% of Oportun Financial worth $3,432,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of OPRT. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Oportun Financial by 747.3% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 157,300 shares of the company's stock valued at $610,000 after buying an additional 138,735 shares during the period. Acuitas Investments LLC raised its stake in Oportun Financial by 11.9% during the 4th quarter. Acuitas Investments LLC now owns 1,150,204 shares of the company's stock worth $4,463,000 after buying an additional 122,360 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Oportun Financial by 22.5% in the fourth quarter. Renaissance Technologies LLC now owns 424,600 shares of the company's stock worth $1,647,000 after acquiring an additional 77,907 shares in the last quarter. SkyView Investment Advisors LLC grew its position in shares of Oportun Financial by 59.3% in the 3rd quarter. SkyView Investment Advisors LLC now owns 107,500 shares of the company's stock valued at $302,000 after purchasing an additional 40,000 shares during the period. Finally, Kennedy Capital Management LLC lifted its stake in Oportun Financial by 8.4% in the fourth quarter. Kennedy Capital Management LLC now owns 374,863 shares of the company's stock valued at $1,454,000 after buying an additional 29,096 shares in the last quarter. 82.70% of the stock is owned by institutional investors.

Oportun Financial Price Performance

Shares of NASDAQ:OPRT opened at $4.62 on Wednesday. Oportun Financial Co. has a 1 year low of $2.37 and a 1 year high of $9.25. The company's 50 day simple moving average is $5.85 and its 200 day simple moving average is $4.41. The stock has a market capitalization of $166.94 million, a price-to-earnings ratio of -2.30 and a beta of 0.86.

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

Analyst Ratings Changes

Several research firms have recently weighed in on OPRT. JPMorgan Chase & Co. reduced their price objective on Oportun Financial from $6.50 to $5.00 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. JMP Securities reaffirmed a "market perform" rating on shares of Oportun Financial in a research report on Friday, February 14th. Finally, BTIG Research assumed coverage on shares of Oportun Financial in a research note on Wednesday, March 5th. They set a "buy" rating and a $10.00 price objective on the stock. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $7.67.

Oportun Financial Company 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.

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