Economy

Synchrony Finl (SYF) Share Value Declined While Valinor Management LLC Upped Position

Synchrony Finl (SYF) Share Value Declined While Valinor Management LLC Upped Position”

It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. The correct version of this article can be read at https://weekherald.com/2017/10/13/gsa-capital-partners-llp-trims-holdings-in-synchrony-financial-syf.html. The stock of Synchrony Financial (NYSE:SYF) earned "Market Perform" rating by IBC on Wednesday, April 12. Cambria Investment Management L.P. bought a new stake in shares of Synchrony Financial in the 1st quarter worth approximately $1,194,000. Pioneer Investment Management Inc. now owns 4,410,938 shares of the financial services provider's stock worth $123,507,000 after buying an additional 813,409 shares during the period. Kylin Management Llc acquired 224,700 shares as New Oriental Ed & Tech Grp I (EDU)'s stock rose 45.08%. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Synchrony Financial by 126.5% in the third quarter.

GoPro, Inc. (NASDAQ:GPRO) posting a -0.52% after which it closed the day' session at $9.58 and the company has experienced volume of 4,233,025 shares while on average the company has a capacity of trading 6.01M share while its relative trading volume is 0.70. Maltese Capital Management Llc, a New York-based fund reported 748,637 shares. Hedge funds and other institutional investors own 89.10% of the company's stock.

Southpoint Capital Advisors LP reduced its holdings in shares of Synchrony Financial (NYSE:SYF) by 21.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). Pascaud Raphael sold $481,705 worth of stock.

Synchrony Financial (SYF) witnessed gain 0.59% in recent trading period with closing price of $30.82. Considering the latest volume move the stock can be referred as "Hot" and "Eye-catching".

In the market the company is trading up since yesterday's close of 30.64. The company has market cap of $186.54 million. Comparatively, SYF posted earnings of $0.77 per share in the same quarter, a year earlier. The high and low revenue estimates for the current quarter are $4.05 Billion and $3.89 Billion, respectively.

In the profitability analysis, net profit margin of the firm was recorded at 13.90% and operating profit margin was calculated at 61.70%. During the same period in the prior year, the firm earned $0.70 EPS. Equities research analysts anticipate that Synchrony Financial will post $2.59 EPS for the current fiscal year. The ex-dividend date was set for Thursday the 3rd of August 2017. This represents a $0.52 annualized dividend and a dividend yield of 1.86%. The Lower end of the earnings estimate is $0.65, while the higher end of the earnings estimate is $0.81. DA Davidson initiated Synchrony Financial (NYSE:SYF) rating on Wednesday, January 13. Morgan Stanley restated an "overweight" rating and set a $35.00 price objective (up from $33.00) on shares of Synchrony Financial in a report on Tuesday, July 25th. The firm has "Hold" rating given on Friday, October 6 by Bank of America. BMO Capital Markets reiterated a "buy" rating and issued a $40.00 price objective on shares of Synchrony Financial in a research report on Friday, August 25th. TheStreet upgraded Synchrony Financial from a "c" rating to a "b" rating in a report on Monday, July 31st.

Among 25 analysts covering Synchrony Financial (NYSE:SYF), 17 have Buy rating, 0 Sell and 8 Hold. The stock has a consensus rating of "Buy" and an average target price of $36.63. The Kylin Management Llc holds 3.13 million shares with $220.51M value, up from 2.90 million last quarter. Valinor Management Llc bought 590,475 shares as the company's stock declined 26.83% while stock markets rallied. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The rating was maintained by Keefe Bruyette & Woods with "Buy" on Tuesday, August 22. Cwm Limited Liability Corporation owns 1,524 shares for 0% of their portfolio. The disclosure for this purchase can be found here. The stock increased 0.59% or $0.18 on October 13, reaching $30.82.

See remarks at Synchrony Financial, MOTHNER JONATHAN S on 2017-07-31 Sell 500 shares of the company at a price of $30.06. The Company provides a range of credit products through programs it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers.



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