OneMain Holdings, Inc. (NYSE:OMF) Shares Acquired by XTX Topco Ltd

XTX Topco Ltd lifted its position in shares of OneMain Holdings, Inc. (NYSE:OMF - Free Report) by 107.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,882 shares of the financial services provider's stock after purchasing an additional 16,550 shares during the quarter. XTX Topco Ltd's holdings in OneMain were worth $1,501,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in OMF. EdgeRock Capital LLC acquired a new stake in shares of OneMain in the second quarter worth approximately $31,000. International Assets Investment Management LLC purchased a new position in shares of OneMain in the second quarter worth about $34,000. Blue Trust Inc. grew its stake in OneMain by 43.4% during the 2nd quarter. Blue Trust Inc. now owns 743 shares of the financial services provider's stock valued at $38,000 after acquiring an additional 225 shares in the last quarter. Abich Financial Wealth Management LLC raised its holdings in OneMain by 27.4% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,227 shares of the financial services provider's stock valued at $59,000 after acquiring an additional 264 shares during the last quarter. Finally, UMB Bank n.a. lifted its stake in OneMain by 32.6% in the 2nd quarter. UMB Bank n.a. now owns 1,779 shares of the financial services provider's stock worth $86,000 after purchasing an additional 437 shares in the last quarter. 85.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on OMF shares. Wells Fargo & Company lifted their price objective on OneMain from $49.00 to $52.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 31st. Compass Point boosted their price target on shares of OneMain from $60.00 to $63.00 and gave the company a "buy" rating in a research report on Thursday, October 31st. Stephens assumed coverage on shares of OneMain in a research report on Wednesday, November 13th. They set an "overweight" rating and a $62.00 price objective for the company. StockNews.com lowered shares of OneMain from a "buy" rating to a "hold" rating in a report on Tuesday, November 5th. Finally, Royal Bank of Canada restated an "outperform" rating and set a $58.00 price target on shares of OneMain in a report on Wednesday, October 16th. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, OneMain has an average rating of "Moderate Buy" and a consensus price target of $56.08.

OneMain Trading Down 3.3 %

OMF traded down $1.91 during trading hours on Monday, hitting $55.53. 865,119 shares of the company's stock were exchanged, compared to its average volume of 1,001,960. The firm has a market cap of $6.63 billion, a P/E ratio of 12.15, a price-to-earnings-growth ratio of 0.70 and a beta of 1.56. OneMain Holdings, Inc. has a 12-month low of $41.70 and a 12-month high of $57.97. The firm has a 50 day moving average of $51.49 and a 200 day moving average of $49.33.

OneMain Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 18th. Investors 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 annualized dividend and a yield of 7.49%. OneMain's dividend payout ratio (DPR) is 91.03%.

Insider Transactions at OneMain

In related news, COO Micah R. Conrad sold 886 shares of the business's stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $50.00, for a total value of $44,300.00. Following the completion of the sale, the chief operating officer now directly owns 104,739 shares of the company's stock, valued at $5,236,950. The trade was a 0.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Douglas H. Shulman sold 20,000 shares of OneMain stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $54.19, for a total value of $1,083,800.00. Following the sale, the chief executive officer now owns 392,474 shares in the company, valued at $21,268,166.06. This trade represents a 4.85 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 40,178 shares of company stock valued at $2,107,084. Insiders own 0.45% of the company's stock.

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.