Janus Henderson Group PLC Has $22.34 Million Holdings in OneMain Holdings, Inc. (NYSE:OMF)

Janus Henderson Group PLC boosted its holdings in shares of OneMain Holdings, Inc. (NYSE:OMF) by 4.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 437,365 shares of the financial services provider’s stock after buying an additional 17,214 shares during the quarter. Janus Henderson Group PLC owned approximately 0.37% of OneMain worth $22,343,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. acquired a new position in OneMain during the fourth quarter worth approximately $36,000. Blue Trust Inc. boosted its holdings in shares of OneMain by 49.9% during the fourth quarter. Blue Trust Inc. now owns 730 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 243 shares during the period. Edmond DE Rothschild Holding S.A. bought a new stake in shares of OneMain during the fourth quarter worth approximately $47,000. Allworth Financial LP boosted its holdings in shares of OneMain by 25.4% during the fourth quarter. Allworth Financial LP now owns 1,339 shares of the financial services provider’s stock worth $66,000 after acquiring an additional 271 shares during the period. Finally, UMB Bank n.a. boosted its holdings in shares of OneMain by 557.8% during the first quarter. UMB Bank n.a. now owns 1,342 shares of the financial services provider’s stock worth $69,000 after acquiring an additional 1,138 shares during the period. Institutional investors and hedge funds own 85.82% of the company’s stock.

Wall Street Analysts Forecast Growth

OMF has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their price objective on OneMain from $52.00 to $54.00 and gave the stock an “overweight” rating in a report on Monday, July 8th. TD Cowen boosted their price target on OneMain from $58.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. JMP Securities boosted their price target on OneMain from $59.00 to $60.00 and gave the company a “market outperform” rating in a research note on Tuesday, July 16th. BTIG Research assumed coverage on OneMain in a research note on Friday, June 7th. They set a “neutral” rating for the company. Finally, BMO Capital Markets upped their target price on OneMain from $48.00 to $50.00 and gave the stock a “market perform” rating in a research note on Thursday, May 2nd. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $54.83.

OneMain Stock Down 1.7 %

Shares of NYSE:OMF opened at $52.25 on Thursday. The firm has a market cap of $6.26 billion, a P/E ratio of 10.19, a P/E/G ratio of 0.79 and a beta of 1.58. OneMain Holdings, Inc. has a 12-month low of $35.00 and a 12-month high of $54.94. The business has a fifty day simple moving average of $49.20 and a 200 day simple moving average of $48.73.

OneMain (NYSE:OMF) last posted its quarterly earnings data on Tuesday, April 30th. The financial services provider reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.07. OneMain had a return on equity of 20.78% and a net margin of 13.29%. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $907.93 million. During the same period last year, the company posted $1.46 EPS. As a group, equities research analysts expect that OneMain Holdings, Inc. will post 5.48 EPS for the current year.

Insider Transactions at OneMain

In other news, SVP Michael A. Hedlund sold 3,000 shares of OneMain stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $48.10, for a total value of $144,300.00. Following the completion of the transaction, the senior vice president now directly owns 28,147 shares of the company’s stock, valued at approximately $1,353,870.70. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, COO Micah R. Conrad sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, May 14th. The stock was sold at an average price of $50.63, for a total value of $379,725.00. Following the completion of the sale, the chief operating officer now directly owns 119,525 shares in the company, valued at approximately $6,051,550.75. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Michael A. Hedlund sold 3,000 shares of OneMain stock in a transaction dated Tuesday, June 11th. The shares were sold at an average price of $48.10, for a total value of $144,300.00. Following the transaction, the senior vice president now owns 28,147 shares of the company’s stock, valued at approximately $1,353,870.70. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,500 shares of company stock valued at $1,500,055. Corporate 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.