Aperio Group LLC boosted its holdings in shares of SLM Corporation (NASDAQ:SLM) by 3.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 188,045 shares of the credit services provider’s stock after acquiring an additional 7,129 shares during the period. Aperio Group LLC’s holdings in SLM Corporation were worth $2,157,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Mutual of America Capital Management LLC boosted its holdings in shares of SLM Corporation by 3.5% in the 2nd quarter. Mutual of America Capital Management LLC now owns 357,472 shares of the credit services provider’s stock valued at $4,111,000 after buying an additional 12,017 shares in the last quarter. Nationwide Fund Advisors boosted its holdings in shares of SLM Corporation by 9.0% in the 2nd quarter. Nationwide Fund Advisors now owns 1,442,598 shares of the credit services provider’s stock valued at $16,590,000 after buying an additional 119,024 shares in the last quarter. Dorsey Wright & Associates boosted its holdings in shares of SLM Corporation by 1.2% in the 2nd quarter. Dorsey Wright & Associates now owns 185,539 shares of the credit services provider’s stock valued at $2,134,000 after buying an additional 2,245 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of SLM Corporation by 7.9% in the 2nd quarter. SG Americas Securities LLC now owns 135,569 shares of the credit services provider’s stock valued at $1,559,000 after buying an additional 9,887 shares in the last quarter. Finally, Rockefeller Financial Services Inc. boosted its holdings in shares of SLM Corporation by 3.1% in the 2nd quarter. Rockefeller Financial Services Inc. now owns 899,840 shares of the credit services provider’s stock valued at $10,348,000 after buying an additional 26,673 shares in the last quarter. Institutional investors own 97.48% of the company’s stock.

A number of analysts have recently weighed in on SLM shares. BMO Capital Markets restated a “hold” rating and issued a $12.00 price target on shares of SLM Corporation in a report on Friday, October 6th. FBR & Co set a $13.00 target price on shares of SLM Corporation and gave the stock a “buy” rating in a research note on Thursday, October 19th. BidaskClub upgraded shares of SLM Corporation from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 28th. Wedbush reiterated an “outperform” rating and issued a $14.50 target price on shares of SLM Corporation in a research note on Thursday, September 14th. Finally, Zacks Investment Research upgraded shares of SLM Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, October 12th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $13.44.

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SLM Corporation (SLM) opened at $9.84 on Tuesday. SLM Corporation has a 1 year low of $9.00 and a 1 year high of $13.20. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.33 and a current ratio of 1.33. The stock has a market cap of $4,379.36, a P/E ratio of 14.70 and a beta of 1.32.

SLM Corporation (NASDAQ:SLM) last posted its quarterly earnings results on Wednesday, October 18th. The credit services provider reported $0.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.17. SLM Corporation had a net margin of 22.95% and a return on equity of 16.63%. The company had revenue of $282.06 million during the quarter, compared to analyst estimates of $282.02 million. During the same period last year, the firm posted $0.12 EPS. SLM Corporation’s revenue for the quarter was up 26.3% compared to the same quarter last year. equities analysts predict that SLM Corporation will post 0.72 earnings per share for the current fiscal year.

SLM Corporation Profile

SLM Corporation (Sallie Mae) is the nation’s saving, planning, and paying for college company. Sallie Mae offers products, which promote personal finance including private education loans, Upromise rewards, scholarship search, college financial planning tools, insurance, and online retail banking.

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Institutional Ownership by Quarter for SLM Corporation (NASDAQ:SLM)

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