Empowered Funds LLC Has $311,000 Stock Holdings in Oportun Financial Co. (NASDAQ:OPRT)

Empowered Funds LLC increased its stake in shares of Oportun Financial Co. (NASDAQ:OPRT) by 5.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,620 shares of the company’s stock after buying an additional 5,628 shares during the quarter. Empowered Funds LLC’s holdings in Oportun Financial were worth $311,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in OPRT. Acuitas Investments LLC acquired a new stake in shares of Oportun Financial in the second quarter valued at $1,577,000. Millennium Management LLC increased its position in Oportun Financial by 26.4% in the 2nd quarter. Millennium Management LLC now owns 1,507,012 shares of the company’s stock valued at $4,370,000 after acquiring an additional 314,553 shares in the last quarter. Long Focus Capital Management LLC raised its stake in shares of Oportun Financial by 6.0% in the second quarter. Long Focus Capital Management LLC now owns 1,740,777 shares of the company’s stock worth $5,048,000 after acquiring an additional 99,197 shares during the last quarter. Marshall Wace LLP lifted its position in shares of Oportun Financial by 53.3% during the second quarter. Marshall Wace LLP now owns 274,969 shares of the company’s stock worth $797,000 after purchasing an additional 95,637 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of Oportun Financial by 16.1% during the second quarter. Renaissance Technologies LLC now owns 227,000 shares of the company’s stock valued at $658,000 after purchasing an additional 31,415 shares during the last quarter. 82.70% of the stock is owned by institutional investors.

Oportun Financial Trading Up 9.5 %

NASDAQ:OPRT opened at $3.46 on Tuesday. The firm has a fifty day simple moving average of $2.81 and a 200 day simple moving average of $2.96. Oportun Financial Co. has a 1-year low of $2.05 and a 1-year high of $4.60. The stock has a market capitalization of $124.46 million, a PE ratio of -1.05 and a beta of 1.10.

Analyst Ratings Changes

A number of research analysts have commented on the company. JMP Securities reiterated a “market perform” rating on shares of Oportun Financial in a research report on Monday, August 12th. Singular Research upgraded Oportun Financial to a “strong-buy” rating in a report on Friday, September 20th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $5.50.

Oportun Financial Profile

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.