Synchrony Financial $SYF Shares Sold by Robeco Institutional Asset Management B.V.

by · The Markets Daily

Robeco Institutional Asset Management B.V. cut its stake in shares of Synchrony Financial (NYSE:SYFFree Report) by 10.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,825,052 shares of the financial services provider’s stock after selling 314,113 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.78% of Synchrony Financial worth $235,694,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. State Street Corp grew its position in shares of Synchrony Financial by 1.0% during the third quarter. State Street Corp now owns 19,080,903 shares of the financial services provider’s stock worth $1,355,698,000 after buying an additional 191,920 shares in the last quarter. Bank of America Corp DE grew its position in shares of Synchrony Financial by 5.4% during the third quarter. Bank of America Corp DE now owns 14,335,213 shares of the financial services provider’s stock worth $1,018,517,000 after buying an additional 739,832 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Synchrony Financial by 8.3% during the second quarter. Ameriprise Financial Inc. now owns 5,307,077 shares of the financial services provider’s stock worth $354,194,000 after buying an additional 406,796 shares in the last quarter. Nordea Investment Management AB grew its position in shares of Synchrony Financial by 13.0% during the fourth quarter. Nordea Investment Management AB now owns 5,134,903 shares of the financial services provider’s stock worth $431,999,000 after buying an additional 592,567 shares in the last quarter. Finally, Assetmark Inc. grew its position in shares of Synchrony Financial by 48.3% during the third quarter. Assetmark Inc. now owns 4,349,059 shares of the financial services provider’s stock worth $309,001,000 after buying an additional 1,416,909 shares in the last quarter. 96.48% of the stock is owned by institutional investors and hedge funds.

Synchrony Financial Price Performance

SYF stock opened at $72.50 on Friday. The business has a 50 day moving average price of $69.46 and a 200 day moving average price of $74.46. The stock has a market cap of $25.20 billion, a price-to-earnings ratio of 7.80, a PEG ratio of 0.64 and a beta of 1.39. Synchrony Financial has a fifty-two week low of $44.43 and a fifty-two week high of $88.77. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.98.

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 for the quarter, topping the consensus estimate of $2.02 by $0.16. The firm 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%.The firm’s revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.91 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Equities research analysts anticipate that Synchrony Financial will post 7.67 earnings per share for the current fiscal year.

Synchrony Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, February 6th were paid a $0.30 dividend. The ex-dividend date was Friday, February 6th. This represents a $1.20 dividend on an annualized basis and a yield of 1.7%. Synchrony Financial’s payout ratio is currently 12.92%.

Insider Buying and Selling

In other Synchrony Financial news, insider Brian D. Doubles sold 217,554 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $68.68, for a total value of $14,941,608.72. Following the completion of the sale, the insider owned 829,222 shares in the company, valued at approximately $56,950,966.96. The trade was a 20.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Curtis Howse sold 7,882 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $67.71, for a total value of $533,690.22. Following the completion of the sale, the insider owned 94,873 shares of the company’s stock, valued at approximately $6,423,850.83. This represents a 7.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 379,928 shares of company stock valued at $26,170,764 in the last 90 days. Company insiders own 0.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on SYF shares. Barclays lowered their price objective on Synchrony Financial from $93.00 to $82.00 and set an “overweight” rating for the company in a research report on Monday, April 6th. Compass Point raised Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 price objective for the company in a research report on Wednesday, January 28th. JPMorgan Chase & Co. lowered their price objective on Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating for the company in a research report on Thursday. BTIG Research restated a “buy” rating and set a $96.00 target price on shares of Synchrony Financial in a research note on Wednesday, March 11th. Finally, Wells Fargo & Company decreased their target price on Synchrony Financial from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $85.00.

View Our Latest Stock Report on Synchrony Financial

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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