Vinva Investment Management Ltd Grows Holdings in Synchrony Financial $SYF

Vinva Investment Management Ltd lifted its stake in shares of Synchrony Financial (NYSE:SYF) by 27.2% in the third quarter, Holdings Channel reports. The institutional investor owned 397,508 shares of the financial services provider’s stock after buying an additional 85,066 shares during the quarter. Vinva Investment Management Ltd’s holdings in Synchrony Financial were worth $29,145,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Westside Investment Management Inc. raised its holdings in Synchrony Financial by 100.0% in the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 179 shares in the last quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new position in Synchrony Financial during the 2nd quarter valued at $26,000. Salomon & Ludwin LLC grew its holdings in Synchrony Financial by 54.9% during the 3rd quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 146 shares in the last quarter. True Wealth Design LLC grew its holdings in Synchrony Financial by 5,787.5% during the 2nd quarter. True Wealth Design LLC now owns 471 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 463 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of Synchrony Financial by 337.0% in the 1st 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 last quarter. Institutional investors own 96.48% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on SYF. Wall Street Zen cut shares of Synchrony Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Weiss Ratings reissued a “buy (b-)” rating on shares of Synchrony Financial in a report on Wednesday, January 21st. Truist Financial reduced their target price on Synchrony Financial from $92.00 to $84.00 and set a “hold” rating on the stock in a report on Thursday, January 29th. TD Cowen lifted their target price on Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Finally, BTIG Research lowered their price target on Synchrony Financial from $100.00 to $96.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.11.

Synchrony Financial Trading Down 3.4%

NYSE SYF opened at $66.64 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24. Synchrony Financial has a one year low of $40.54 and a one year high of $88.77. The company has a 50-day simple moving average of $76.06 and a 200-day simple moving average of $75.88. The firm has a market capitalization of $23.16 billion, a PE ratio of 7.17, a price-to-earnings-growth ratio of 0.59 and a beta of 1.42.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings data 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. Synchrony Financial had a net margin of 15.72% and a return on equity of 23.07%. The firm had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.84 billion. During the same quarter in the prior year, the business earned $1.91 earnings per share. Synchrony Financial’s quarterly revenue was down .2% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, equities analysts forecast that Synchrony Financial will post 7.67 earnings per share for the current year.

Synchrony Financial Dividend Announcement

The business also recently declared 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. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, February 6th. Synchrony Financial’s dividend payout ratio is presently 12.92%.

Insiders Place Their Bets

In related news, insider Brian J. Sr. Wenzel sold 47,112 shares of the company’s stock in a transaction on 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 directly owned 64,221 shares in the company, valued at $4,313,082.36. This represents a 42.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Darrell Owens sold 3,865 shares of the stock in a transaction on Monday, March 2nd. The stock was 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 379,928 shares of company stock worth $26,170,764. 0.32% of the stock is currently owned by insiders.

Synchrony Financial Company 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.