OMERS ADMINISTRATION Corp Invests $121,000 in Oportun Financial Co. (NASDAQ:OPRT)

OMERS ADMINISTRATION Corp bought a new position in Oportun Financial Co. (NASDAQ:OPRT) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 31,100 shares of the company’s stock, valued at approximately $121,000. OMERS ADMINISTRATION Corp owned approximately 0.09% of Oportun Financial at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Telos Capital Management Inc. bought a new stake in shares of Oportun Financial in the 4th quarter worth $52,000. Balyasny Asset Management L.P. bought a new stake in shares of Oportun Financial in the 4th quarter worth $80,000. Barclays PLC grew its stake in shares of Oportun Financial by 26.5% in the 4th quarter. Barclays PLC now owns 24,447 shares of the company’s stock worth $96,000 after acquiring an additional 5,114 shares in the last quarter. Schonfeld Strategic Advisors LLC bought a new stake in shares of Oportun Financial in the 4th quarter worth $148,000. Finally, Flaharty Asset Management LLC grew its stake in shares of Oportun Financial by 11.1% in the 4th quarter. Flaharty Asset Management LLC now owns 50,000 shares of the company’s stock worth $194,000 after acquiring an additional 5,000 shares in the last quarter. Institutional investors own 82.70% of the company’s stock.

Oportun Financial Stock Performance

OPRT opened at $6.92 on Wednesday. The firm has a market cap of $259.51 million, a P/E ratio of -3.44 and a beta of 1.23. Oportun Financial Co. has a fifty-two week low of $2.37 and a fifty-two week high of $9.25. The firm has a 50-day moving average of $5.43 and a 200 day moving average of $4.87.

Analysts Set New Price Targets

Several equities analysts recently weighed in on OPRT shares. JMP Securities restated a “market perform” rating on shares of Oportun Financial in a research report on Friday, February 14th. Sidoti upgraded shares of Oportun Financial to a “hold” rating in a research report on Thursday, May 1st. JPMorgan Chase & Co. reduced their price target on shares of Oportun Financial from $6.50 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, April 8th. Finally, BTIG Research started coverage on shares of Oportun Financial in a research report on Wednesday, March 5th. They set a “buy” rating and a $10.00 price target for the company. Three analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $7.50.

About Oportun Financial

Oportun Financial Corporation provides financial services. The company offers personal loans and credit cards. It serves customers through online and over the phone, as well as through retail and Lending as a Service partner locations. The company was founded in 2005 and is headquartered in San Carlos, California.