Oportun Financial Co. (NASDAQ:OPRT) Stock Holdings Trimmed by Union Square Park Capital Management LLC

Union Square Park Capital Management LLC reduced its stake in Oportun Financial Co. (NASDAQ:OPRT - Free Report) by 23.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 532,879 shares of the company's stock after selling 165,802 shares during the quarter. Oportun Financial comprises approximately 1.3% of Union Square Park Capital Management LLC's portfolio, making the stock its 22nd biggest holding. Union Square Park Capital Management LLC owned approximately 1.48% of Oportun Financial worth $2,068,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in OPRT. Squarepoint Ops LLC acquired a new position in Oportun Financial in the fourth quarter valued at $79,000. Two Sigma Investments LP increased its stake in Oportun Financial by 10.7% in the fourth quarter. Two Sigma Investments LP now owns 312,561 shares of the company's stock valued at $1,213,000 after purchasing an additional 30,201 shares during the last quarter. Two Sigma Advisers LP increased its stake in Oportun Financial by 11.7% in the fourth quarter. Two Sigma Advisers LP now owns 508,500 shares of the company's stock valued at $1,973,000 after purchasing an additional 53,400 shares during the last quarter. OMERS ADMINISTRATION Corp acquired a new position in Oportun Financial in the fourth quarter valued at $121,000. Finally, Millennium Management LLC increased its stake in Oportun Financial by 7.4% during the fourth quarter. Millennium Management LLC now owns 1,502,970 shares of the company's stock worth $5,832,000 after acquiring an additional 104,186 shares during the last quarter. 82.70% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

OPRT has been the subject of several research analyst reports. JMP Securities restated a "market perform" rating on shares of Oportun Financial in a research note on Friday, February 14th. BTIG Research assumed coverage on Oportun Financial in a research note on Wednesday, March 5th. They set a "buy" rating and a $10.00 price target for the company. Sidoti upgraded Oportun Financial to a "hold" rating in a research note on Thursday, May 1st. Finally, JPMorgan Chase & Co. lowered their target price on Oportun Financial from $6.50 to $5.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $7.50.

Oportun Financial Price Performance

Shares of NASDAQ OPRT traded down $0.25 during mid-day trading on Friday, hitting $6.15. The company had a trading volume of 264,864 shares, compared to its average volume of 280,379. The stock has a market cap of $230.63 million, a price-to-earnings ratio of -3.06 and a beta of 1.23. Oportun Financial Co. has a 12 month low of $2.37 and a 12 month high of $9.25. The firm's 50 day simple moving average is $5.47 and its two-hundred day simple moving average is $4.95.

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.