WINTON GROUP Ltd Purchases 34,538 Shares of OppFi Inc. (NYSE:OPFI)

WINTON GROUP Ltd lifted its position in shares of OppFi Inc. (NYSE:OPFI) by 173.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,402 shares of the company’s stock after acquiring an additional 34,538 shares during the period. WINTON GROUP Ltd owned approximately 0.06% of OppFi worth $417,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in OPFI. Geode Capital Management LLC raised its position in OppFi by 4.7% in the 3rd quarter. Geode Capital Management LLC now owns 401,122 shares of the company’s stock worth $1,897,000 after buying an additional 18,149 shares during the last quarter. Globeflex Capital L P raised its holdings in shares of OppFi by 191.8% during the fourth quarter. Globeflex Capital L P now owns 187,796 shares of the company’s stock valued at $1,439,000 after purchasing an additional 123,438 shares during the last quarter. Los Angeles Capital Management LLC lifted its position in OppFi by 97.6% during the fourth quarter. Los Angeles Capital Management LLC now owns 148,344 shares of the company’s stock valued at $1,136,000 after purchasing an additional 73,258 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in OppFi by 8.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 54,359 shares of the company’s stock worth $416,000 after purchasing an additional 4,398 shares during the last quarter. Finally, Barclays PLC raised its stake in OppFi by 95.9% during the 3rd quarter. Barclays PLC now owns 42,141 shares of the company’s stock valued at $199,000 after buying an additional 20,630 shares during the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at OppFi

In other news, Director David Vennettilli sold 43,238 shares of the business’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $9.45, for a total value of $408,599.10. Following the transaction, the director now directly owns 90,762 shares in the company, valued at $857,700.90. The trade was a 32.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Theodore G. Schwartz sold 79,762 shares of the company’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $9.13, for a total value of $728,227.06. Following the completion of the transaction, the director now directly owns 186,737 shares of the company’s stock, valued at approximately $1,704,908.81. This trade represents a 29.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 687,653 shares of company stock valued at $6,626,927 over the last 90 days. 84.00% of the stock is currently owned by corporate insiders.

OppFi Price Performance

Shares of OPFI stock opened at $9.51 on Monday. The company has a market cap of $821.28 million, a price-to-earnings ratio of 59.41 and a beta of 1.63. OppFi Inc. has a 1 year low of $2.38 and a 1 year high of $17.73. The firm has a fifty day moving average price of $11.59 and a 200-day moving average price of $8.29.

OppFi (NYSE:OPFI) last released its quarterly earnings results on Wednesday, March 5th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.09. OppFi had a return on equity of 35.04% and a net margin of 1.40%. The business had revenue of $135.72 million during the quarter, compared to analyst estimates of $133.50 million. During the same quarter in the previous year, the company posted $0.10 earnings per share. Equities research analysts expect that OppFi Inc. will post 0.86 EPS for the current year.

OppFi Announces Dividend

The company also recently announced a special dividend, which will be paid on Friday, April 18th. Shareholders of record on Tuesday, April 8th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, April 8th.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on OPFI. Northland Securities set a $13.00 price target on OppFi in a research note on Thursday, March 6th. JMP Securities cut OppFi from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 12th. Finally, Citizens Jmp lowered shares of OppFi from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th.

OppFi Profile

OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.