Segall Bryant & Hamill LLC lowered its stake in shares of OppFi Inc. (NYSE:OPFI - Free Report) by 7.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 481,081 shares of the company's stock after selling 38,321 shares during the period. Segall Bryant & Hamill LLC owned approximately 0.56% of OppFi worth $3,685,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in OPFI. Quadrature Capital Ltd purchased a new stake in shares of OppFi in the third quarter valued at about $60,000. Jane Street Group LLC increased its stake in OppFi by 28.9% in the 3rd quarter. Jane Street Group LLC now owns 25,842 shares of the company's stock valued at $122,000 after buying an additional 5,795 shares during the last quarter. XTX Topco Ltd bought a new position in shares of OppFi during the 3rd quarter worth approximately $136,000. JPMorgan Chase & Co. lifted its position in shares of OppFi by 271.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 36,585 shares of the company's stock worth $173,000 after buying an additional 26,742 shares in the last quarter. Finally, Baader Bank Aktiengesellschaft purchased a new position in shares of OppFi in the 4th quarter worth approximately $195,000. 7.10% of the stock is owned by institutional investors.
Insider Transactions at OppFi
In other OppFi news, Director Theodore G. Schwartz sold 124,788 shares of the company's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $9.31, for a total transaction of $1,161,776.28. Following the transaction, the director now owns 186,737 shares in the company, valued at approximately $1,738,521.47. This represents a 40.06 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David Vennettilli sold 43,238 shares of the stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $9.45, for a total transaction of $408,599.10. Following the completion of the transaction, the director now owns 90,762 shares of the company's stock, valued at approximately $857,700.90. The trade was a 32.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 687,653 shares of company stock worth $6,626,927. Company insiders own 84.00% of the company's stock.
OppFi Price Performance
NYSE OPFI traded down $0.25 during trading on Monday, reaching $9.26. The company's stock had a trading volume of 591,143 shares, compared to its average volume of 751,470. The firm has a fifty day moving average of $11.59 and a 200 day moving average of $8.29. OppFi Inc. has a one year low of $2.38 and a one year high of $17.73. The stock has a market capitalization of $800.11 million, a PE ratio of 57.82 and a beta of 1.63.
OppFi (NYSE:OPFI - Get Free Report) last issued its earnings results on Wednesday, March 5th. The company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.09. The company had revenue of $135.72 million for the quarter, compared to analysts' expectations of $133.50 million. OppFi had a net margin of 1.40% and a return on equity of 35.04%. During the same quarter last year, the company earned $0.10 EPS. Research analysts expect that OppFi Inc. will post 0.86 earnings per share for the current fiscal year.
OppFi Announces Dividend
The company also recently declared a special dividend, which will be paid on Friday, April 18th. Investors of record on Tuesday, April 8th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, April 8th.
Analyst Ratings Changes
A number of analysts recently issued reports on the stock. Northland Securities set a $13.00 price objective on shares of OppFi in a report on Thursday, March 6th. Citizens Jmp lowered shares of OppFi from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. Finally, JMP Securities cut shares of OppFi from an "outperform" rating to a "market perform" rating in a report on Wednesday, February 12th.
Check Out Our Latest Stock Report on OppFi
OppFi Profile
(
Free Report)
OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.
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