Lmm buys $81,973,017 stake in OneMain Holdings Inc (OMF)

OneMain Holdings Inc (OMF) : Lmm scooped up 197,925 additional shares in OneMain Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 2,834,475 shares of OneMain Holdings Inc which is valued at $81,973,017.OneMain Holdings Inc makes up approximately 4.72% of Lmm’s portfolio.

Other Hedge Funds, Including , Schwab Charles Investment Management Inc reduced its stake in OMF by selling 3,827 shares or 2.74% in the most recent quarter. The Hedge Fund company now holds 135,827 shares of OMF which is valued at $3,928,117. Menta Capital added OMF to its portfolio by purchasing 9,407 company shares during the most recent quarter which is valued at $272,050. OneMain Holdings Inc makes up approx 0.04% of Menta Capital’s portfolio.Blackrock Fund Advisors boosted its stake in OMF in the latest quarter, The investment management firm added 29,107 additional shares and now holds a total of 478,389 shares of OneMain Holdings Inc which is valued at $13,835,010.Teacher Retirement System Of Texas boosted its stake in OMF in the latest quarter, The investment management firm added 1,030 additional shares and now holds a total of 8,488 shares of OneMain Holdings Inc which is valued at $259,818. Proficio Capital Partners added OMF to its portfolio by purchasing 16 company shares during the most recent quarter which is valued at $461.

On the company’s financial health, OneMain Holdings Inc reported $0.96 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $1.00.Analysts expectations of $ 767.51.During the same quarter in the previous year, the company posted $0.38 EPS.

OneMain Holdings Inc. formerly Springleaf Holdings Inc. (SHI) is a consumer financial services holding company. The Company provides responsible loan products to customers through its branch network and through its centralized operations. The Company operates its business through three segments: Consumer and Insurance; Acquisitions and Servicing and Real Estate. The Company originates and services secured and unsecured personal loans and offer voluntary credit insurance and related products through its branch network and its centralized operations. The Company pursues strategic acquisitions of loan portfolios through its Springleaf Acquisitions division. Springleaf Finance Inc. (SFI) is the subsidiary of the Company. SFI’s subsidiary is Springleaf Finance Corporation (SFC) which is a financial services holding company with subsidiaries engaged in the consumer finance and credit insurance businesses.

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