Segall Bryant & Hamill LLC acquired a new stake in shares of Oportun Financial Corporation (NASDAQ:OPRT – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 193,687 shares of the company’s stock, valued at approximately $1,195,000.
A number of other institutional investors also recently modified their holdings of the company. Rhumbline Advisers lifted its holdings in shares of Oportun Financial by 5.8% in the third quarter. Rhumbline Advisers now owns 51,467 shares of the company’s stock valued at $318,000 after purchasing an additional 2,817 shares in the last quarter. Police & Firemen s Retirement System of New Jersey bought a new stake in Oportun Financial during the second quarter worth $55,000. Empowered Funds LLC grew its holdings in Oportun Financial by 7.5% during the first quarter. Empowered Funds LLC now owns 124,980 shares of the company’s stock worth $686,000 after buying an additional 8,752 shares in the last quarter. Heron Bay Capital Management raised its position in Oportun Financial by 58.9% in the 2nd quarter. Heron Bay Capital Management now owns 24,627 shares of the company’s stock valued at $176,000 after buying an additional 9,127 shares during the last quarter. Finally, Corsair Capital Management L.P. bought a new position in Oportun Financial during the 2nd quarter valued at $72,000. 82.70% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
OPRT has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised Oportun Financial from an “underweight” rating to a “neutral” rating and set a $5.50 target price for the company in a report on Monday, January 12th. BTIG Research restated a “buy” rating and issued a $9.00 price objective on shares of Oportun Financial in a research note on Friday, February 27th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Oportun Financial in a research note on Monday, December 29th. Finally, Wall Street Zen downgraded shares of Oportun Financial from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Oportun Financial currently has an average rating of “Hold” and an average target price of $8.17.
Oportun Financial Stock Performance
NASDAQ:OPRT opened at $5.15 on Friday. The firm has a market cap of $229.18 million, a PE ratio of 9.72 and a beta of 1.18. Oportun Financial Corporation has a fifty-two week low of $4.05 and a fifty-two week high of $7.97. The business has a 50 day moving average price of $5.29 and a 200-day moving average price of $5.54.
Oportun Financial (NASDAQ:OPRT – Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. Oportun Financial had a return on equity of 14.82% and a net margin of 2.64%.The business had revenue of $247.80 million during the quarter, compared to analyst estimates of $243.48 million. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. Research analysts predict that Oportun Financial Corporation will post 0.94 EPS for the current year.
Oportun Financial Profile
Oportun Financial Corporation (NASDAQ: OPRT) is a financial technology company that provides consumer lending products aimed at serving the underbanked and credit-invisible population in the United States. Headquartered in Redwood City, California, Oportun operates a digital platform that enables borrowers to access credit through unsecured personal installment loans, secured credit-builder loans and a proprietary mobile wallet. The company leverages machine learning and alternative data sources to assess creditworthiness, extending financial services to customers with limited or no traditional credit history.
The company’s core offerings include fixed-term installment loans designed to help individuals cover unexpected expenses, consolidate debt or build credit.
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