Synchrony Financial (NYSE:SYF) insider Jonathan S. Mothner sold 1,000 shares of Synchrony Financial stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $33.50, for a total transaction of $33,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Synchrony Financial (SYF) traded down 0.09% during trading on Tuesday, hitting $32.65. 4,908,863 shares of the stock were exchanged. The firm has a 50 day moving average of $30.46 and a 200-day moving average of $29.88. Synchrony Financial has a 12-month low of $26.01 and a 12-month high of $38.06. The company has a market cap of $25.97 billion, a price-to-earnings ratio of 12.26 and a beta of 1.01.

Synchrony Financial (NYSE:SYF) last posted its earnings results on Friday, October 20th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.06. The company had revenue of $3.88 billion for the quarter, compared to analysts’ expectations of $3.78 billion. Synchrony Financial had a return on equity of 14.84% and a net margin of 13.17%. During the same period last year, the business posted $0.73 earnings per share. On average, analysts forecast that Synchrony Financial will post $2.60 earnings per share for the current year.

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SYF has been the subject of a number of recent research reports. Instinet reiterated a “buy” rating and issued a $35.00 price target (down previously from $38.00) on shares of Synchrony Financial in a research note on Wednesday, July 12th. Jefferies Group LLC restated a “buy” rating and set a $40.00 price objective on shares of Synchrony Financial in a research report on Friday, July 14th. BMO Capital Markets restated a “buy” rating on shares of Synchrony Financial in a research report on Friday, July 21st. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Synchrony Financial in a research report on Saturday, July 22nd. Finally, Morgan Stanley restated an “overweight” rating and set a $35.00 price objective (up previously from $33.00) on shares of Synchrony Financial in a research report on Tuesday, July 25th. Twelve research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $36.63.

Hedge funds have recently bought and sold shares of the business. Westside Investment Management Inc. lifted its stake in Synchrony Financial by 32.1% in the second quarter. Westside Investment Management Inc. now owns 3,567 shares of the financial services provider’s stock valued at $104,000 after buying an additional 867 shares during the last quarter. First Quadrant L P CA lifted its stake in Synchrony Financial by 55.4% in the second quarter. First Quadrant L P CA now owns 3,726 shares of the financial services provider’s stock valued at $111,000 after buying an additional 1,328 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in Synchrony Financial by 39.0% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,560 shares of the financial services provider’s stock valued at $136,000 after buying an additional 1,280 shares during the last quarter. State of Alaska Department of Revenue lifted its stake in Synchrony Financial by 19.7% in the second quarter. State of Alaska Department of Revenue now owns 5,338 shares of the financial services provider’s stock valued at $159,000 after buying an additional 880 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Synchrony Financial by 9.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,387 shares of the financial services provider’s stock valued at $160,000 after buying an additional 486 shares during the last quarter. Institutional investors own 87.03% of the company’s stock.

Synchrony Financial Company Profile

Synchrony Financial is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Company’s revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit.

Insider Buying and Selling by Quarter for Synchrony Financial (NYSE:SYF)

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