Synchrony Financial $SYF Shares Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. increased its position in shares of Synchrony Financial (NYSE:SYF) by 701.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 120,996 shares of the financial services provider’s stock after purchasing an additional 105,907 shares during the period. Jefferies Financial Group Inc.’s holdings in Synchrony Financial were worth $10,095,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp increased its position in 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 purchasing an additional 191,920 shares during the last quarter. Bank of America Corp DE increased its position in 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 purchasing an additional 739,832 shares during the last quarter. Ameriprise Financial Inc. increased its position in 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 purchasing an additional 406,796 shares during the last quarter. Nordea Investment Management AB increased its position in 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 purchasing an additional 592,567 shares during the last quarter. Finally, Assetmark Inc. increased its position in 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 purchasing an additional 1,416,909 shares during the last quarter. 96.48% of the stock is currently owned by institutional investors and hedge funds.

Synchrony Financial Trading Up 0.1%

Shares of SYF stock opened at $71.91 on Monday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a market cap of $24.19 billion, a PE ratio of 7.44, a price-to-earnings-growth ratio of 0.63 and a beta of 1.37. The company has a 50-day moving average of $71.17 and a two-hundred day moving average of $74.83. Synchrony Financial has a 1-year low of $55.67 and a 1-year high of $88.77.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.13. The firm had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.81 billion. Synchrony Financial had a return on equity of 23.41% and a net margin of 15.80%.The company’s quarterly revenue was down 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.89 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, analysts predict that Synchrony Financial will post 9.29 EPS for the current year.

Synchrony Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Tuesday, May 5th. Synchrony Financial’s dividend payout ratio (DPR) is 12.41%.

Synchrony Financial declared that its Board of Directors has authorized a share repurchase plan on Tuesday, April 21st that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Compass Point upgraded shares of 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. Loop Capital assumed coverage on shares of Synchrony Financial in a research report on Friday. They set a “hold” rating and a $81.00 price objective for the company. JPMorgan Chase & Co. cut their price objective on shares of Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. BTIG Research cut shares of Synchrony Financial from a “buy” rating to a “neutral” rating in a research report on Wednesday, April 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Synchrony Financial currently has a consensus rating of “Moderate Buy” and an average target price of $86.05.

Insider Activity at Synchrony Financial

In related news, insider Bart Schaller sold 12,980 shares of Synchrony Financial 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 $878,875.80. Following the completion of the transaction, the insider owned 34,035 shares in the company, valued at approximately $2,304,509.85. The trade was a 27.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Brian J. Sr. Wenzel sold 47,112 shares of Synchrony Financial stock in a transaction that occurred on Tuesday, March 3rd. The shares were 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 of the company’s stock, valued at $4,313,082.36. This trade represents a 42.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 374,630 shares of company stock worth $25,731,741 over the last ninety days. Company insiders own 0.36% of the company’s stock.

Synchrony Financial Profile

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.