OneMain Holdings, Inc. (OMF) Reaches $34.26 52-Week High; Trex Company (TREX) Shorts Lowered By 2.5%

February 15, 2018 - By Richard Conner

Trex Company Incorporated (NYSE:TREX) had a decrease of 2.5% in short interest. TREX’s SI was 947,700 shares in February as released by FINRA. Its down 2.5% from 972,000 shares previously. With 156,200 avg volume, 6 days are for Trex Company Incorporated (NYSE:TREX)’s short sellers to cover TREX’s short positions. The SI to Trex Company Incorporated’s float is 3.26%. The stock increased 0.85% or $0.96 during the last trading session, reaching $113.38. About 70,516 shares traded. Trex Company, Inc. (NYSE:TREX) has risen 51.54% since February 15, 2017 and is uptrending. It has outperformed by 34.84% the S&P500.

The stock of OneMain Holdings, Inc. (NYSE:OMF) hit a new 52-week high and has $35.29 target or 3.00% above today’s $34.26 share price. The 6 months bullish chart indicates low risk for the $4.64B company. The 1-year high was reported on Feb, 15 by Barchart.com. If the $35.29 price target is reached, the company will be worth $139.11 million more. The stock increased 6.04% or $1.95 during the last trading session, reaching $34.26. About 442,424 shares traded. OneMain Holdings, Inc. (NYSE:OMF) has declined 22.76% since February 15, 2017 and is downtrending. It has underperformed by 39.46% the S&P500.

OneMain Holdings, Inc., through its subsidiaries, provides consumer finance and insurance services and products. The company has market cap of $4.64 billion. The firm operates through Consumer and Insurance, Acquisitions and Servicing, and Real Estate divisions. It has a 27.06 P/E ratio. It provides secured and unsecured personal loans; credit insurance products, such as life insurance, disability insurance, protection, and involuntary unemployment insurance products; non-credit insurance; and ancillary products, such as auto membership plans.

Among 18 analysts covering OneMain Holdings (NYSE:OMF), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. OneMain Holdings has $50 highest and $19 lowest target. $32.75’s average target is -4.41% below currents $34.26 stock price. OneMain Holdings had 40 analyst reports since December 1, 2015 according to SRatingsIntel. As per Friday, May 26, the company rating was maintained by Wood. BMO Capital Markets maintained OneMain Holdings, Inc. (NYSE:OMF) rating on Friday, October 6. BMO Capital Markets has “Buy” rating and $31.0 target. The rating was maintained by Northland Capital on Thursday, November 2 with “Hold”. The rating was downgraded by Guggenheim to “Neutral” on Tuesday, November 8. The stock of OneMain Holdings, Inc. (NYSE:OMF) earned “Hold” rating by Bank of America on Wednesday, November 8. Wedbush initiated the stock with “Outperform” rating in Tuesday, October 11 report. The firm earned “Outperform” rating on Monday, December 21 by Credit Suisse. The company was maintained on Friday, August 4 by Barclays Capital. Compass Point downgraded OneMain Holdings, Inc. (NYSE:OMF) on Friday, February 26 to “Neutral” rating. As per Friday, November 3, the company rating was downgraded by Compass Point.

Trex Company, Inc. manufactures and distributes wood/plastic composite products, and related accessories primarily for the residential and commercial decking, and railing applications in the United States. The company has market cap of $3.33 billion. It offers Trex Transcend, Trex Enhance, and Trex Select protective shells for protection against fading, staining, mold, and scratching; and Trex Hideaway, a hidden fastening system for grooved boards. It has a 37.42 P/E ratio. The firm also provides railing products, such as Trex Transcend Railing for use with Trex decking products and other decking materials; Trex Select Railing for consumers, who desire a simple clean finished look for their decks; and Trex Signature aluminum railing for contemporary look.

Among 9 analysts covering Trex Co (NYSE:TREX), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Trex Co had 22 analyst reports since September 24, 2015 according to SRatingsIntel. The company was initiated on Tuesday, November 22 by Seaport Global Securities. The stock of Trex Company, Inc. (NYSE:TREX) has “Hold” rating given on Thursday, July 13 by Stifel Nicolaus. The stock of Trex Company, Inc. (NYSE:TREX) earned “Outperform” rating by FBR Capital on Friday, February 26. The stock of Trex Company, Inc. (NYSE:TREX) has “Hold” rating given on Tuesday, August 1 by Stifel Nicolaus. FBR Capital downgraded it to “Mkt Perform” rating and $61 target in Tuesday, November 22 report. The stock of Trex Company, Inc. (NYSE:TREX) earned “Buy” rating by Seaport Global on Thursday, June 1. B. Riley & Co upgraded the stock to “Buy” rating in Wednesday, January 3 report. Stifel Nicolaus maintained it with “Hold” rating and $89.0 target in Tuesday, October 31 report. The rating was maintained by Stifel Nicolaus on Friday, December 8 with “Hold”. The stock of Trex Company, Inc. (NYSE:TREX) earned “Outperform” rating by Wedbush on Thursday, September 24.

Investors sentiment increased to 1.35 in 2017 Q3. Its up 0.11, from 1.24 in 2017Q2. It improved, as 14 investors sold Trex Company, Inc. shares while 63 reduced holdings. 31 funds opened positions while 73 raised stakes. 25.84 million shares or 3.17% less from 26.69 million shares in 2017Q2 were reported. Ubs Asset Mgmt Americas reported 0% of its portfolio in Trex Company, Inc. (NYSE:TREX). State Board Of Administration Of Florida Retirement Systems accumulated 18,784 shares or 0% of the stock. Amalgamated Savings Bank holds 4,060 shares or 0.01% of its portfolio. Bancorporation Of New York Mellon invested in 0.01% or 374,277 shares. Cwm Limited Company accumulated 228 shares or 0% of the stock. Paloma Partners Mngmt Com invested in 7,453 shares. Acadian Asset Ltd reported 72 shares. Eulav Asset Management invested 0.07% in Trex Company, Inc. (NYSE:TREX). Teachers Retirement Sys Of The State Of Kentucky reported 0.01% stake. Texas Permanent School Fund invested 0.02% of its portfolio in Trex Company, Inc. (NYSE:TREX). Ahl Ptnrs Llp, United Kingdom-based fund reported 7,865 shares. Moreover, Wells Fargo Communication Mn has 0% invested in Trex Company, Inc. (NYSE:TREX). The Georgia-based Atlantic Grp Ltd Liability has invested 0.01% in Trex Company, Inc. (NYSE:TREX). Moreover, Qs Investors Lc has 0% invested in Trex Company, Inc. (NYSE:TREX). Kbc Group Incorporated Nv reported 0.02% of its portfolio in Trex Company, Inc. (NYSE:TREX).

Since August 15, 2017, it had 0 buys, and 1 sale for $123,735 activity. Shares for $158,457 were sold by MERLOTTI FRANK H JR on Tuesday, August 15. GRATZ JAY M had sold 1,058 shares worth $123,735.

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