OneMain Holdings, Inc. (NYSE:OMF) is Brave Warrior Advisors LLC's 4th Largest Position

Brave Warrior Advisors LLC lifted its holdings in shares of OneMain Holdings, Inc. (NYSE:OMF - Free Report) by 0.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,437,670 shares of the financial services provider's stock after acquiring an additional 35,448 shares during the period. OneMain accounts for approximately 9.6% of Brave Warrior Advisors LLC's investment portfolio, making the stock its 4th biggest holding. Brave Warrior Advisors LLC owned approximately 6.23% of OneMain worth $387,726,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC purchased a new stake in shares of OneMain during the 4th quarter worth approximately $26,000. Albion Financial Group UT acquired a new stake in OneMain during the 4th quarter worth $26,000. Legend Financial Advisors Inc. purchased a new stake in OneMain in the fourth quarter valued at $26,000. IFP Advisors Inc boosted its stake in OneMain by 180.0% in the fourth quarter. IFP Advisors Inc now owns 770 shares of the financial services provider's stock valued at $40,000 after acquiring an additional 495 shares in the last quarter. Finally, Richardson Financial Services Inc. purchased a new position in shares of OneMain during the fourth quarter worth about $44,000. Hedge funds and other institutional investors own 85.82% of the company's stock.

Insider Buying and Selling

In other news, CEO Douglas H. Shulman sold 40,000 shares of the business's stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $50.00, for a total value of $2,000,000.00. Following the completion of the transaction, the chief executive officer now directly owns 368,925 shares of the company's stock, valued at $18,446,250. The trade was a 9.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Michael A. Hedlund sold 2,808 shares of OneMain stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $56.09, for a total value of $157,500.72. Following the sale, the senior vice president now owns 15,831 shares of the company's stock, valued at approximately $887,960.79. This represents a 15.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 67,808 shares of company stock worth $3,344,751 in the last three months. Corporate insiders own 0.45% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on OMF shares. Barclays set a $56.00 target price on OneMain in a research report on Friday, March 14th. JPMorgan Chase & Co. decreased their price objective on OneMain from $58.00 to $46.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Royal Bank of Canada lifted their target price on shares of OneMain from $62.00 to $65.00 and gave the company an "outperform" rating in a report on Monday, February 3rd. Wells Fargo & Company decreased their price target on shares of OneMain from $57.00 to $53.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 30th. Finally, JMP Securities restated a "market outperform" rating and issued a $65.00 price objective on shares of OneMain in a research note on Wednesday, April 30th. Four investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $58.40.

OneMain Stock Down 2.1 %

OMF stock traded down $1.06 on Friday, reaching $48.96. 1,042,306 shares of the company's stock were exchanged, compared to its average volume of 1,037,302. OneMain Holdings, Inc. has a twelve month low of $38.00 and a twelve month high of $58.90. The stock has a fifty day moving average of $47.18 and a 200-day moving average of $51.79. The firm has a market cap of $5.82 billion, a PE ratio of 11.55, a P/E/G ratio of 0.44 and a beta of 1.28.

OneMain (NYSE:OMF - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The financial services provider reported $1.72 earnings per share for the quarter, topping analysts' consensus estimates of $1.55 by $0.17. The business had revenue of $188.00 million for the quarter, compared to analysts' expectations of $1.16 billion. OneMain had a return on equity of 18.39% and a net margin of 10.19%. The company's revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.45 EPS. On average, equities research analysts predict that OneMain Holdings, Inc. will post 6.46 EPS for the current fiscal year.

OneMain Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Stockholders of record on Friday, May 9th will be paid a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a dividend yield of 8.50%. The ex-dividend date is Friday, May 9th. OneMain's dividend payout ratio (DPR) is presently 87.95%.

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.