Fiduciary Management Inc. WI Grows Stock Holdings in OneMain Holdings, Inc. (NYSE:OMF)

Fiduciary Management Inc. WI boosted its holdings in OneMain Holdings, Inc. (NYSE:OMF - Free Report) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,173,714 shares of the financial services provider's stock after purchasing an additional 11,324 shares during the quarter. Fiduciary Management Inc. WI owned about 1.82% of OneMain worth $113,316,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in OMF. FNY Investment Advisers LLC acquired a new position in shares of OneMain during the 4th quarter valued at $26,000. Legend Financial Advisors Inc. bought a new position in OneMain in the fourth quarter worth approximately $26,000. Albion Financial Group UT acquired a new stake in OneMain in the fourth quarter valued at approximately $26,000. IFP Advisors Inc increased its holdings in shares of OneMain by 180.0% during 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. acquired a new position in shares of OneMain during the fourth quarter worth approximately $44,000. 85.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

OMF has been the subject of a number of recent research reports. Stephens restated an "overweight" rating and set a $62.00 price target on shares of OneMain in a research note on Monday, February 3rd. 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 raised their price target on shares of OneMain from $52.00 to $57.00 and gave the company an "equal weight" rating in a research report on Tuesday, January 21st. StockNews.com raised OneMain from a "hold" rating to a "buy" rating in a report on Wednesday, February 12th. Finally, JMP Securities restated a "market outperform" rating and issued a $65.00 target price on shares of OneMain in a report on Monday, February 3rd. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, OneMain currently has an average rating of "Moderate Buy" and a consensus target price of $58.17.

Insider Activity at OneMain

In other news, SVP Michael A. Hedlund sold 2,808 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $56.09, for a total transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.45% of the stock is owned by company insiders.

OneMain Stock Up 4.3 %

OMF traded up $2.01 during trading on Thursday, hitting $48.61. 513,995 shares of the company traded hands, compared to its average volume of 1,186,277. The firm has a market cap of $5.80 billion, a P/E ratio of 11.49, a price-to-earnings-growth ratio of 0.44 and a beta of 1.35. OneMain Holdings, Inc. has a one year low of $38.00 and a one year high of $58.90. The stock's fifty day moving average is $48.47 and its 200 day moving average is $51.62.

OneMain Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Wednesday, February 12th were paid a dividend of $1.04 per share. The ex-dividend date was Wednesday, February 12th. This represents a $4.16 annualized dividend and a dividend yield of 8.56%. OneMain's payout ratio is currently 98.11%.

OneMain 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.