Sovran Advisors LLC Has $4.26 Million Stake in Synchrony Financial $SYF

Sovran Advisors LLC trimmed its holdings in shares of Synchrony Financial (NYSE:SYFFree Report) by 41.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,788 shares of the financial services provider’s stock after selling 38,088 shares during the period. Sovran Advisors LLC’s holdings in Synchrony Financial were worth $4,257,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. NewEdge Advisors LLC raised its position in shares of Synchrony Financial by 8.9% during the 1st quarter. NewEdge Advisors LLC now owns 8,302 shares of the financial services provider’s stock valued at $439,000 after acquiring an additional 679 shares during the last quarter. Woodline Partners LP lifted its stake in shares of Synchrony Financial by 36.2% in the 1st quarter. Woodline Partners LP now owns 35,582 shares of the financial services provider’s stock valued at $1,884,000 after purchasing an additional 9,460 shares during the period. Focus Partners Wealth boosted its position in shares of Synchrony Financial by 7.7% in the 1st quarter. Focus Partners Wealth now owns 6,406 shares of the financial services provider’s stock worth $339,000 after purchasing an additional 459 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Synchrony Financial by 337.0% during the first quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 455 shares during the period. Finally, Sivia Capital Partners LLC grew its stake in shares of Synchrony Financial by 56.1% during the second quarter. Sivia Capital Partners LLC now owns 6,062 shares of the financial services provider’s stock worth $405,000 after purchasing an additional 2,178 shares during the period. 96.48% of the stock is currently owned by institutional investors and hedge funds.

Synchrony Financial Trading Up 0.0%

NYSE SYF opened at $68.45 on Friday. Synchrony Financial has a one year low of $40.54 and a one year high of $88.77. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a market cap of $23.79 billion, a P/E ratio of 7.37, a P/E/G ratio of 0.60 and a beta of 1.39. The stock’s 50-day moving average is $69.75 and its 200-day moving average is $74.63.

Synchrony Financial (NYSE:SYFGet Free Report) last posted its earnings results on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.16. The business had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.84 billion. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.Synchrony Financial’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.91 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Sell-side analysts anticipate that Synchrony Financial will post 7.67 earnings per share for the current fiscal year.

Synchrony Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, February 6th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. Synchrony Financial’s dividend payout ratio is currently 12.92%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SYF. Truist Financial cut their target price on Synchrony Financial from $84.00 to $71.00 and set a “hold” rating on the stock in a research note on Monday, March 23rd. Compass Point raised Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 price target for the company in a research note on Wednesday, January 28th. Robert W. Baird raised shares of Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 price objective on the stock in a research note on Friday, February 13th. Royal Bank Of Canada decreased their price objective on shares of Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a report on Wednesday, January 28th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Synchrony Financial in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $86.42.

View Our Latest Stock Analysis on SYF

Insider Buying and Selling at Synchrony Financial

In other Synchrony Financial news, insider Brian J. Sr. Wenzel sold 47,112 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $67.16, for a total transaction of $3,164,041.92. Following the completion of the transaction, the insider owned 64,221 shares in the company, valued at approximately $4,313,082.36. This represents a 42.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Darrell Owens sold 3,865 shares of Synchrony Financial stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $67.71, for a total value of $261,699.15. Following the completion of the sale, the insider directly owned 17,432 shares in the company, valued at $1,180,320.72. This represents a 18.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 379,928 shares of company stock valued at $26,170,764 over the last quarter. 0.32% of the stock is currently owned by corporate insiders.

Synchrony Financial Profile

(Free Report)

Synchrony Financial (NYSE: SYF) is a consumer financial services company that specializes in providing point-of-sale financing and private-label, co-branded and branded credit card programs. The company serves as a payments and lending partner to retailers, digital merchants and service providers, offering consumer financing solutions designed to drive customer engagement and sales. Synchrony also operates a direct bank that offers deposit products, including savings accounts and certificates of deposit, which support its funding and customer-facing product suite.

Its core product set includes private-label and co-branded credit cards, general-purpose credit cards, installment loan programs and promotional financing options that are integrated into merchants’ checkout experiences.

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Institutional Ownership by Quarter for Synchrony Financial (NYSE:SYF)

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