Baader Bank Aktiengesellschaft Purchases New Position in Synchrony Financial $SYF

Baader Bank Aktiengesellschaft purchased a new stake in Synchrony Financial (NYSE:SYF) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 7,618 shares of the financial services provider’s stock, valued at approximately $636,000.

Several other large investors have also added to or reduced their stakes in SYF. Bank of America Corp DE lifted its position in Synchrony Financial by 34.6% in the 2nd quarter. Bank of America Corp DE now owns 13,595,381 shares of the financial services provider’s stock valued at $907,356,000 after acquiring an additional 3,494,741 shares in the last quarter. Assetmark Inc. lifted its position in Synchrony Financial by 48.3% in the 3rd quarter. Assetmark Inc. now owns 4,349,059 shares of the financial services provider’s stock valued at $309,001,000 after acquiring an additional 1,416,909 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new position in Synchrony Financial in the 4th quarter valued at about $84,494,000. Worldquant Millennium Advisors LLC lifted its position in Synchrony Financial by 222.5% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 937,296 shares of the financial services provider’s stock valued at $62,555,000 after acquiring an additional 646,642 shares in the last quarter. Finally, Nordea Investment Management AB lifted its position in Synchrony Financial by 13.0% in the 4th quarter. Nordea Investment Management AB now owns 5,134,903 shares of the financial services provider’s stock valued at $431,999,000 after acquiring an additional 592,567 shares in the last quarter. Institutional investors own 96.48% of the company’s stock.

Synchrony Financial Price Performance

Synchrony Financial stock opened at $71.27 on Friday. Synchrony Financial has a 52 week low of $55.67 and a 52 week high of $88.77. The company’s 50 day moving average price is $70.67 and its two-hundred day moving average price is $74.95. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.08. The stock has a market cap of $23.97 billion, a P/E ratio of 7.37, a P/E/G ratio of 0.61 and a beta of 1.37.

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

Synchrony Financial announced that its Board of Directors has initiated a stock buyback program on Tuesday, April 21st that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Synchrony Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th will be paid a dividend of $0.30 per share. The ex-dividend date is Tuesday, May 5th. This represents a $1.20 annualized dividend and a dividend yield of 1.7%. Synchrony Financial’s dividend payout ratio (DPR) is presently 12.41%.

Insider Activity at Synchrony Financial

In other news, insider Alberto Casellas sold 14,399 shares of the firm’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 transaction of $974,956.29. Following the completion of the sale, the insider owned 50,331 shares in the company, valued at $3,407,912.01. This trade represents a 22.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Curtis Howse sold 7,882 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $67.71, for a total transaction of $533,690.22. Following the sale, the insider owned 94,873 shares of the company’s stock, valued at approximately $6,423,850.83. The trade was a 7.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 323,372 shares of company stock worth $22,080,634 over the last 90 days. Corporate insiders own 0.36% of the company’s stock.

Wall Street Analyst Weigh In

SYF has been the topic of several recent research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a research report on Monday, April 20th. JPMorgan Chase & Co. dropped their target price on shares of Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Robert W. Baird lifted their target price on shares of Synchrony Financial from $83.00 to $86.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 22nd. Royal Bank Of Canada dropped their target price on shares of Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating on the stock in a research report on Wednesday, January 28th. Finally, BTIG Research cut shares of Synchrony Financial from a “buy” rating to a “neutral” rating in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $86.32.

About Synchrony Financial

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.