Brevan Howard Capital Management LP Has $4.94 Million Position in Synchrony Financial $SYF

Brevan Howard Capital Management LP lessened its holdings in Synchrony Financial (NYSE:SYF) by 26.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,526 shares of the financial services provider’s stock after selling 25,639 shares during the quarter. Brevan Howard Capital Management LP’s holdings in Synchrony Financial were worth $4,940,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

Several brokerages have commented on SYF. Wolfe Research assumed coverage on Synchrony Financial in a report on Monday, December 8th. They set an “outperform” rating and a $92.00 target price on the stock. Barclays decreased their price target on Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating for the company in a research note on Wednesday, January 28th. Compass Point upgraded Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 price objective for the company in a research report on Wednesday, January 28th. Truist Financial cut their price objective on Synchrony Financial from $92.00 to $84.00 and set a “hold” rating on the stock in a research note on Thursday, January 29th. Finally, Wall Street Zen cut Synchrony Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Synchrony Financial currently has an average rating of “Moderate Buy” and an average price target of $87.11.

Insider Buying and Selling at Synchrony Financial

In other Synchrony Financial news, insider Alberto Casellas sold 14,399 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was 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 of the company’s stock, valued at approximately $3,407,912.01. The trade was a 22.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Curtis Howse sold 52,556 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $72.32, for a total value of $3,800,849.92. Following the completion of the sale, the insider directly owned 94,196 shares of the company’s stock, valued at approximately $6,812,254.72. This trade represents a 35.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 379,928 shares of company stock worth $26,170,764. 0.33% of the stock is currently owned by corporate insiders.

Synchrony Financial Price Performance

Shares of NYSE:SYF opened at $63.79 on Monday. Synchrony Financial has a twelve month low of $40.54 and a twelve month high of $88.77. The stock’s 50 day moving average is $74.15 and its 200-day moving average is $75.60. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.98. The firm has a market capitalization of $22.17 billion, a price-to-earnings ratio of 6.87, a PEG ratio of 0.56 and a beta of 1.42.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share for the quarter, beating analysts’ consensus estimates of $2.02 by $0.16. The firm had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.84 billion. Synchrony Financial had a net margin of 15.72% and a return on equity of 23.07%. The business’s quarterly revenue was down .2% compared to the same quarter last year. During the same period last year, the firm earned $1.91 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Sell-side analysts forecast that Synchrony Financial will post 7.67 EPS for the current fiscal year.

Synchrony Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, February 6th were paid a dividend of $0.30 per share. The ex-dividend date was Friday, February 6th. This represents a $1.20 dividend on an annualized basis and a yield of 1.9%. Synchrony Financial’s payout ratio is 12.92%.

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.