Shikiar Asset Management Inc. Decreases Position in SLM Co. $SLMBP

Posted by Teresa Graham on Apr 9th, 2026

Shikiar Asset Management Inc. lessened its holdings in shares of SLM Co. (NASDAQ:SLMBP – Free Report) by 14.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,233 shares of the company’s stock after selling 15,225 shares during the period. SLM makes up about 1.6% of Shikiar Asset Management Inc.’s portfolio, making the stock its 24th biggest holding. Shikiar Asset Management Inc.’s holdings in SLM were worth $6,430,000 at the end of the most recent quarter.

SLM Trading Down 0.8%

NASDAQ SLMBP opened at $74.38 on Thursday. The stock has a 50-day simple moving average of $74.87 and a two-hundred day simple moving average of $74.81. SLM Co. has a fifty-two week low of $68.00 and a fifty-two week high of $83.15.

SLM Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Thursday, March 5th were paid a $1.4327 dividend. This represents a $5.73 annualized dividend and a dividend yield of 7.7%. The ex-dividend date was Thursday, March 5th.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Bank of America reiterated a “buy” rating on shares of SLM in a report on Monday, March 9th. Keefe, Bruyette & Woods restated a “market perform” rating on shares of SLM in a research note on Wednesday, December 10th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, SLM currently has an average rating of “Moderate Buy” and a consensus price target of $40.00.

Check Out Our Latest Stock Report on SLMBP

SLM Profile

(Free Report)

SLM Corporation, doing business as Sallie Mae, is a U.S.-based provider of private student loans, servicing, and banking products. The company specializes in originating and servicing education loans for undergraduate, graduate and professional students, as well as career and technical training programs. In addition to its core student lending business, Sallie Mae offers deposit products, credit cards and digital tools designed to help customers manage personal finances and plan for higher-education expenses.

Sallie Mae’s product suite includes fixed- and variable-rate private student loans, graduate student loans, parent loans and career training loans.