Economy

The Paradigm Asset Management Co. LLC Takes Position in Synchrony Financial (SYF)

The Paradigm Asset Management Co. LLC Takes Position in Synchrony Financial (SYF)”

AGF Investments Inc. owned approximately 0.10% of Synchrony Financial worth $23,294,000 as of its most recent filing with the SEC. Global X Management Co. Synchrony Financial now has $23.83B valuation. Currently, 804 million total shares are owned by the public and among those 794.76 million shares have been available to trade. Renaissance Technologies LLC bought a new stake in Synchrony Financial in the 1st quarter valued at about $106,320,000. Advisory Services Network LLC boosted its stake in shares of Synchrony Financial by 167.8% in the second quarter.

Allianz Asset Management Ag decreased Synchrony Finl (SYF) stake by 35.79% reported in 2016Q4 SEC filing.

Perritt Capital Management Inc holds 1.12% of its portfolio in Silvercrest Asset Management Group Inc for 351,408 shares. AT Bancorp lifted its stake in shares of Synchrony Financial by 9.8% during the first quarter. The stock decreased 3.00% or $0.9 during the last trading session, reaching $29.06. Institutional investors and hedge funds own 87.18% of the company's stock. The firm has "Buy" rating by Buckingham Research given on Wednesday, August 26.

Stock of Synchrony Financial (NYSE:SYF) now have an ABR of 1.67.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. The rating was upgraded by Bank of America to "Buy" on Thursday, December 15. Barclays PLC set a $47.00 target price on Synchrony Financial and gave the company a "buy" rating in a research note on Sunday, January 8th. According to Thomson Reuters, sell-side analysts are predicting a consensus target price of $48.46 on company stock. Synchrony Financial (SYF) has made its way to a 12-month gain of 8.51%. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.

Latest evolution in the price of Synchrony Financial (NYSE:SYF) stock has been one of the most talked about matter among the interested investors. Shares are now up +4.49% over the past year, underperforming the broad market by -64.7% and underperformed a peer group of similar companies by -101%. The company has a 50-day moving average of $30.24 and a 200 day moving average of $30.96. BlackRock Inc. now owns 48,272,035 shares of the financial services provider's stock worth $1,655,730,000 after buying an additional 46,239,640 shares during the last quarter. Synchrony Financial had a net margin of 13.84% and a return on equity of 15.30%. They are also projecting the Low EPS estimate of $0.55 and the High EPS estimate of $0.73. Equities research analysts forecast that Synchrony Financial will post $2.60 EPS for the current fiscal year.

Synchrony Financial declared that its Board of Directors has authorized a stock buyback program on Thursday, May 18th that allows the company to repurchase $1.64 billion in outstanding shares. As per Friday, July 21, the company rating was maintained by BMO Capital Markets. Moreover, Punch & Associates Investment Management Inc. has 0.66% invested in the company for 502,816 shares. Shareholders of record on Monday, February 6th will be paid a $0.13 dividend. This represents a $0.60 annualized dividend and a yield of 2.06%. Deutsche Bank maintained Dominion Energy Inc (NYSE:D) on Thursday, August 3 with "Hold" rating. This is a boost from Synchrony Financial's previous quarterly dividend of $0.13. Synchrony Financial's payout ratio is now 22.64%. Following the acquisition, the director now owns 8,521 shares in the company, valued at $262,872.85.

Synchrony Financial (NYSE SYF) opened at 28.55 on Friday. If you are reading this news story on another domain, it was copied illegally and republished in violation of USA and worldwide copyright law.



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