Omega Advisors buys $93,124,222 stake in OneMain Holdings Inc (OMF)

OneMain Holdings Inc (OMF) : Omega Advisors scooped up 64,984 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 3,220,063 shares of OneMain Holdings Inc which is valued at $93,124,222.OneMain Holdings Inc makes up approximately 2.43% of Omega Advisors’s portfolio.

Other Hedge Funds, Including , Squarepoint Ops sold out all of its stake in OMF during the most recent quarter. The investment firm sold 20,600 shares of OMF which is valued $595,752. Dynamic Technology Lab Private Ltd added OMF to its portfolio by purchasing 22,261 company shares during the most recent quarter which is valued at $643,788. OneMain Holdings Inc makes up approx 0.16% of Dynamic Technology Lab Private Ltd’s portfolio.Public Employees Retirement Association Of Colorado boosted its stake in OMF in the latest quarter, The investment management firm added 25 additional shares and now holds a total of 15,041 shares of OneMain Holdings Inc which is valued at $433,782.Msi Financial Services Inc reduced its stake in OMF by selling 28 shares or 96.55% in the most recent quarter. The Hedge Fund company now holds 1 shares of OMF which is valued at $29. Fox Run Management L.l.c. added OMF to its portfolio by purchasing 14,100 company shares during the most recent quarter which is valued at $400,299. OneMain Holdings Inc makes up approx 0.19% of Fox Run Management L.l.c.’s portfolio.

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.

Leave a Reply

OneMain Holdings Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on OneMain Holdings Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.