Yousif Capital Management LLC Sells 415 Shares of Bread Financial Holdings, Inc. (NYSE:BFH)

Yousif Capital Management LLC decreased its holdings in shares of Bread Financial Holdings, Inc. (NYSE:BFH) by 1.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,342 shares of the company’s stock after selling 415 shares during the period. Yousif Capital Management LLC owned 0.06% of Bread Financial worth $934,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC boosted its holdings in shares of Bread Financial by 25.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,168 shares of the company’s stock worth $108,000 after buying an additional 633 shares in the last quarter. C M Bidwell & Associates Ltd. acquired a new stake in Bread Financial in the third quarter worth $116,000. Los Angeles Capital Management LLC bought a new stake in Bread Financial in the third quarter valued at $229,000. Mackenzie Financial Corp acquired a new position in shares of Bread Financial during the fourth quarter valued at about $239,000. Finally, First Hawaiian Bank boosted its position in shares of Bread Financial by 17.2% during the 4th quarter. First Hawaiian Bank now owns 8,479 shares of the company’s stock worth $279,000 after purchasing an additional 1,245 shares in the last quarter. Institutional investors and hedge funds own 99.52% of the company’s stock.

Bread Financial Stock Performance

Shares of BFH opened at $40.81 on Friday. The stock has a 50 day moving average of $36.73 and a 200 day moving average of $33.34. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43. Bread Financial Holdings, Inc. has a 12 month low of $23.19 and a 12 month high of $41.89. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 5.14, a PEG ratio of 0.18 and a beta of 1.92.

Bread Financial (NYSE:BFH) last released its earnings results on Thursday, April 25th. The company reported $2.73 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.19). The business had revenue of $991.00 million for the quarter, compared to the consensus estimate of $998.96 million. Bread Financial had a return on equity of 14.44% and a net margin of 8.08%. The company’s revenue for the quarter was down 23.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $9.08 earnings per share. As a group, sell-side analysts forecast that Bread Financial Holdings, Inc. will post 5.72 earnings per share for the current year.

Bread Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 10th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Thursday, May 9th. Bread Financial’s dividend payout ratio is currently 10.58%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on BFH shares. Keefe, Bruyette & Woods raised Bread Financial from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $38.00 to $67.00 in a research note on Thursday. JPMorgan Chase & Co. increased their target price on Bread Financial from $36.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, January 26th. Argus lowered shares of Bread Financial from a “buy” rating to a “hold” rating in a research note on Wednesday. BMO Capital Markets raised their price objective on shares of Bread Financial from $31.00 to $33.00 and gave the company a “market perform” rating in a research note on Friday, April 26th. Finally, Wolfe Research raised shares of Bread Financial from a “peer perform” rating to an “outperform” rating and set a $48.00 target price for the company in a research report on Thursday, April 4th. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Bread Financial currently has an average rating of “Hold” and an average target price of $39.17.

About Bread Financial

Bread Financial Holdings, Inc provides tech-forward payment and lending solutions to customers and consumer-based industries in North America. It offers credit card and other loans financing services, including risk management solutions, account origination, and funding services for private label and co-brand credit card programs, as well as through Bread partnerships; and Comenity-branded general purpose cash-back credit.