Vista Finance LLC Makes New $331,000 Investment in OneMain Holdings, Inc. (NYSE:OMF)

Vista Finance LLC acquired a new stake in OneMain Holdings, Inc. (NYSE:OMF) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 6,352 shares of the financial services provider’s stock, valued at approximately $331,000.

Other institutional investors also recently modified their holdings of the company. Legend Financial Advisors Inc. bought a new position in shares of OneMain in the 4th quarter valued at $26,000. FNY Investment Advisers LLC acquired a new stake in OneMain in the fourth quarter valued at $26,000. Albion Financial Group UT bought a new position in shares of OneMain during the fourth quarter worth about $26,000. Continuum Advisory LLC bought a new position in OneMain during the 3rd quarter worth approximately $28,000. Finally, Richardson Financial Services Inc. acquired a new position in OneMain in the fourth quarter valued at $44,000. 85.82% of the stock is currently owned by institutional investors and hedge funds.

OneMain Stock Performance

Shares of OMF opened at $56.97 on Friday. OneMain Holdings, Inc. has a 52-week low of $41.70 and a 52-week high of $58.90. The stock has a market capitalization of $6.80 billion, a price-to-earnings ratio of 13.44, a price-to-earnings-growth ratio of 0.45 and a beta of 1.59. The stock’s 50-day simple moving average is $54.54 and its 200 day simple moving average is $51.13.

OneMain Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Wednesday, February 12th will be paid a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 7.30%. The ex-dividend date is Wednesday, February 12th. OneMain’s dividend payout ratio is presently 98.11%.

Analyst Ratings Changes

Several brokerages have issued reports on OMF. Royal Bank of Canada boosted their price target on OneMain from $62.00 to $65.00 and gave the company an “outperform” rating in a research note on Monday, February 3rd. JMP Securities reaffirmed a “market outperform” rating and issued a $65.00 price target on shares of OneMain in a research report on Monday, February 3rd. StockNews.com raised shares of OneMain from a “hold” rating to a “buy” rating in a report on Wednesday. Wells Fargo & Company upped their target price on OneMain from $52.00 to $57.00 and gave the company an “equal weight” rating in a report on Tuesday, January 21st. Finally, Compass Point increased 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. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, OneMain presently has an average rating of “Moderate Buy” and a consensus target price of $58.36.

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.