36,400 Shares in OppFi Inc. (NYSE:OPFI) Purchased by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. acquired a new position in shares of OppFi Inc. (NYSE:OPFI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 36,400 shares of the company’s stock, valued at approximately $186,000.

Other hedge funds have also added to or reduced their stakes in the company. LB Partners LLC bought a new position in shares of OppFi during the 4th quarter worth $1,638,000. Prosperity Wealth Management Inc. purchased a new stake in OppFi during the fourth quarter valued at about $136,000. Barclays PLC boosted its position in OppFi by 490.0% during the third quarter. Barclays PLC now owns 14,507 shares of the company’s stock worth $37,000 after purchasing an additional 12,048 shares during the period. Finally, Heron Bay Capital Management increased its stake in shares of OppFi by 41.5% in the fourth quarter. Heron Bay Capital Management now owns 38,647 shares of the company’s stock worth $198,000 after purchasing an additional 11,330 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

Wall Street Analyst Weigh In

Separately, JMP Securities restated a “market outperform” rating and set a $5.00 price target on shares of OppFi in a research note on Wednesday, April 17th.

OppFi Stock Performance

OPFI traded down $0.07 on Tuesday, reaching $2.66. The company had a trading volume of 137,119 shares, compared to its average volume of 326,294. OppFi Inc. has a 52-week low of $1.81 and a 52-week high of $5.34. The company has a market cap of $294.38 million, a price-to-earnings ratio of -134.43 and a beta of 1.23. The business has a 50 day simple moving average of $2.90 and a 200 day simple moving average of $3.31.

OppFi (NYSE:OPFI) last posted its quarterly earnings data on Thursday, March 7th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. OppFi had a negative net margin of 0.20% and a positive return on equity of 23.92%. The company had revenue of $132.92 million during the quarter, compared to the consensus estimate of $133.49 million. During the same period in the previous year, the firm posted ($0.19) EPS. As a group, equities research analysts predict that OppFi Inc. will post 0.55 EPS for the current fiscal year.

OppFi Announces Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 1st. Investors of record on Friday, April 19th will be given a $0.12 dividend. The ex-dividend date is Thursday, April 18th.

OppFi Company Profile

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.