Y Intercept Hong Kong Ltd Boosts Stock Holdings in Synchrony Financial $SYF

Y Intercept Hong Kong Ltd boosted its stake in shares of Synchrony Financial (NYSE:SYF) by 2,758.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 139,846 shares of the financial services provider’s stock after acquiring an additional 134,954 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Synchrony Financial were worth $11,667,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Advisors Asset Management Inc. purchased a new position in Synchrony Financial during the fourth quarter worth approximately $29,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Synchrony Financial in the 4th quarter valued at $29,000. FWL Investment Management LLC purchased a new position in shares of Synchrony Financial in the 3rd quarter valued at $26,000. Palisade Asset Management LLC purchased a new position in shares of Synchrony Financial in the 3rd quarter valued at $29,000. Finally, Colonial Trust Co SC raised its stake in shares of Synchrony Financial by 40.2% in the 3rd quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 136 shares during the period. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Wall Street Analyst Weigh In

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

Synchrony Financial Price Performance

SYF opened at $73.36 on Friday. The company has a fifty day simple moving average of $72.78 and a 200 day simple moving average of $74.60. The firm has a market cap of $24.68 billion, a price-to-earnings ratio of 7.59, a PEG ratio of 0.64 and a beta of 1.33. Synchrony Financial has a twelve month low of $59.46 and a twelve month high of $88.77. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.08.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.14 by $0.13. The business had revenue of $3.70 billion during the quarter, compared to analyst estimates of $3.81 billion. Synchrony Financial had a net margin of 15.80% and a return on equity of 23.41%. The business’s revenue was down 7.4% on a year-over-year basis. During the same period last year, the business earned $1.89 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Equities research analysts expect that Synchrony Financial will post 9.29 EPS for the current fiscal year.

Synchrony Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, May 5th. Synchrony Financial’s dividend payout ratio (DPR) is currently 12.41%.

Synchrony Financial declared that its Board of Directors has authorized a stock buyback program on Tuesday, April 21st that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

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