Numerai GP LLC Trims Holdings in Synchrony Financial $SYF

Numerai GP LLC decreased its position in shares of Synchrony Financial (NYSE:SYF) by 38.0% during the third quarter, Holdings Channel.com reports. The fund owned 49,232 shares of the financial services provider’s stock after selling 30,123 shares during the quarter. Numerai GP LLC’s holdings in Synchrony Financial were worth $3,498,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in SYF. Colonial Trust Co SC increased its stake in shares of Synchrony Financial by 40.2% in the third quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 136 shares in the last quarter. United Community Bank lifted its stake in shares of Synchrony Financial by 3.4% during the 3rd quarter. United Community Bank now owns 4,469 shares of the financial services provider’s stock valued at $318,000 after buying an additional 145 shares in the last quarter. Salomon & Ludwin LLC boosted its holdings in Synchrony Financial by 54.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock worth $29,000 after buying an additional 146 shares during the period. SYM FINANCIAL Corp increased its stake in Synchrony Financial by 3.0% in the 3rd quarter. SYM FINANCIAL Corp now owns 5,126 shares of the financial services provider’s stock worth $364,000 after buying an additional 148 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Synchrony Financial by 3.1% during the second quarter. Smartleaf Asset Management LLC now owns 5,027 shares of the financial services provider’s stock valued at $333,000 after acquiring an additional 149 shares during the period. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Synchrony Financial Stock Up 0.4%

Shares of NYSE SYF opened at $64.01 on Tuesday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.98. Synchrony Financial has a 12-month low of $40.54 and a 12-month high of $88.77. The firm’s 50-day moving average price is $73.70 and its 200-day moving average price is $75.51. The stock has a market capitalization of $22.25 billion, a price-to-earnings ratio of 6.89, a P/E/G ratio of 0.56 and a beta of 1.42.

Synchrony Financial (NYSE:SYF) last issued 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 return on equity of 23.07% and a net margin of 15.72%.The company had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.84 billion. During the same period in the previous year, the firm posted $1.91 earnings per share. The firm’s revenue for the quarter 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 research analysts anticipate that Synchrony Financial will post 7.67 EPS for the current fiscal year.

Synchrony Financial Dividend Announcement

The business also recently announced 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. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.20 annualized dividend and a dividend yield of 1.9%. Synchrony Financial’s payout ratio is currently 12.92%.

Insider Activity at Synchrony Financial

In other Synchrony Financial news, insider Curtis Howse sold 7,882 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $67.71, for a total transaction of $533,690.22. Following the transaction, the insider owned 94,873 shares in the company, valued at $6,423,850.83. The trade was a 7.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Alberto Casellas sold 14,399 shares of the stock in a transaction 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 directly owned 50,331 shares in the company, valued at approximately $3,407,912.01. This represents a 22.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 379,928 shares of company stock worth $26,170,764 in the last ninety days. Corporate insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on SYF. Wall Street Zen downgraded Synchrony Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. TD Cowen lifted their target price on Synchrony Financial from $91.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. JPMorgan Chase & Co. lowered their price target on Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating on the stock in a report on Wednesday, January 28th. Royal Bank Of Canada dropped their price target on Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 28th. Finally, Barclays cut their price objective on shares of Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating for the company in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $87.11.

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.