Segall Bryant & Hamill LLC Sells 38,321 Shares of OppFi Inc. (NYSE:OPFI)

Segall Bryant & Hamill LLC trimmed its holdings in shares of OppFi Inc. (NYSE:OPFI) by 7.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 481,081 shares of the company’s stock after selling 38,321 shares during the period. Segall Bryant & Hamill LLC’s holdings in OppFi were worth $3,685,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in OPFI. Quadrature Capital Ltd purchased a new position in OppFi during the third quarter valued at $60,000. Jane Street Group LLC increased its holdings in shares of OppFi by 28.9% during the third quarter. Jane Street Group LLC now owns 25,842 shares of the company’s stock valued at $122,000 after acquiring an additional 5,795 shares in the last quarter. XTX Topco Ltd bought a new position in shares of OppFi during the third quarter valued at $136,000. Barclays PLC raised its position in shares of OppFi by 95.9% in the 3rd quarter. Barclays PLC now owns 42,141 shares of the company’s stock worth $199,000 after purchasing an additional 20,630 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake 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 purchasing an additional 18,149 shares in the last quarter. 7.10% of the stock is owned by institutional investors.

Insider Activity

In related news, Director David Vennettilli sold 30,762 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $9.09, for a total transaction of $279,626.58. Following the completion of the sale, the director now directly owns 90,762 shares in the company, valued at approximately $825,026.58. The trade was a 25.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Theodore G. Schwartz sold 165,174 shares of the company’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $10.58, for a total transaction of $1,747,540.92. Following the sale, the director now directly owns 186,737 shares of the company’s stock, valued at approximately $1,975,677.46. This represents a 46.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 562,865 shares of company stock valued at $5,465,151 in the last ninety days. 84.00% of the stock is currently owned by company insiders.

OppFi Stock Performance

NYSE OPFI opened at $9.33 on Friday. OppFi Inc. has a one year low of $2.38 and a one year high of $17.73. The stock has a 50-day moving average of $11.63 and a 200 day moving average of $8.19. The company has a market capitalization of $805.73 million, a price-to-earnings ratio of 58.28 and a beta of 1.63.

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

OppFi Announces Dividend

The company also recently declared a special dividend, which will be paid on Friday, April 18th. Stockholders of record on Tuesday, April 8th will be issued 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 weighed in on OPFI. JMP Securities lowered shares of OppFi from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 12th. Northland Securities set a $13.00 price target on shares of OppFi in a research report on Thursday, March 6th. Finally, Citizens Jmp cut OppFi from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th.

About OppFi

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.