Livforsakringsbolaget Skandia Omsesidigt Has $16.27 Million Position in Synchrony Financial $SYF

Livforsakringsbolaget Skandia Omsesidigt lifted its position in shares of Synchrony Financial (NYSE:SYF) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,012 shares of the financial services provider’s stock after buying an additional 11,700 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Synchrony Financial were worth $16,270,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of SYF. Westside Investment Management Inc. boosted its position in shares of Synchrony Financial by 100.0% during the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock worth $25,000 after buying an additional 179 shares during the period. FWL Investment Management LLC acquired a new position in shares of Synchrony Financial during the third quarter worth about $26,000. Fideuram Asset Management Ireland dac acquired a new position in shares of Synchrony Financial during the fourth quarter worth about $29,000. Palisade Asset Management LLC acquired a new position in shares of Synchrony Financial during the third quarter worth about $29,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of Synchrony Financial by 337.0% during the first quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock worth $31,000 after buying an additional 455 shares during the period. 96.48% of the stock is owned by institutional investors and hedge funds.

Synchrony Financial Stock Performance

Shares of NYSE SYF opened at $70.87 on Friday. The stock has a 50 day moving average price of $72.24 and a 200 day moving average price of $74.65. Synchrony Financial has a 52 week low of $56.97 and a 52 week high of $88.77. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.24 and a current ratio of 1.24. The stock has a market capitalization of $23.84 billion, a PE ratio of 7.33, a price-to-earnings-growth ratio of 0.60 and a beta of 1.33.

Synchrony Financial (NYSE:SYF) last released 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 analyst estimates of $3.81 billion. Synchrony Financial had a return on equity of 23.41% and a net margin of 15.80%.The business’s revenue for the quarter was down 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.89 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Analysts predict that Synchrony Financial will post 9.29 earnings per share for the current fiscal year.

Synchrony Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were paid a $0.30 dividend. The ex-dividend date was Tuesday, May 5th. This represents a $1.20 annualized dividend and a yield of 1.7%. Synchrony Financial’s dividend payout ratio is currently 12.41%.

Synchrony Financial announced that its board has initiated a stock repurchase plan on Tuesday, April 21st that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the financial services provider to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on SYF. Wells Fargo & Company reduced their price target on Synchrony Financial from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Robert W. Baird increased their price target on Synchrony Financial from $83.00 to $86.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Synchrony Financial in a research report on Monday, April 20th. JPMorgan Chase & Co. reduced their price target on Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Finally, Loop Capital began coverage on Synchrony Financial in a research report on Friday, May 22nd. They set a “hold” rating and a $81.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Synchrony Financial has an average rating of “Moderate Buy” and a consensus target price of $86.05.

Insider Transactions at Synchrony Financial

In other Synchrony Financial news, insider Jonathan S. Mothner sold 51,258 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $71.23, for a total value of $3,651,107.34. Following the sale, the insider owned 132,664 shares in the company, valued at $9,449,656.72. This represents a 27.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is owned by corporate 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.