Numerai GP LLC Sells 30,123 Shares of Synchrony Financial $SYF

Numerai GP LLC reduced its stake in Synchrony Financial (NYSE:SYF) by 38.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 49,232 shares of the financial services provider’s stock after selling 30,123 shares during the period. Numerai GP LLC’s holdings in Synchrony Financial were worth $3,498,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Westside Investment Management Inc. raised its holdings in Synchrony Financial by 100.0% in the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock worth $25,000 after buying an additional 179 shares during the last quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in shares of Synchrony Financial during the second quarter valued at approximately $26,000. Salomon & Ludwin LLC grew its holdings in shares of Synchrony Financial by 54.9% during the third quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock valued at $29,000 after buying an additional 146 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of Synchrony Financial by 337.0% during the first quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 455 shares in the last quarter. Finally, Colonial Trust Co SC increased its position 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 in the last quarter. Institutional investors own 96.48% of the company’s stock.

Synchrony Financial Trading Up 0.4%

Synchrony Financial stock opened at $64.01 on Tuesday. Synchrony Financial has a 52-week low of $40.54 and a 52-week high of $88.77. The company has a market cap of $22.25 billion, a P/E ratio of 6.89, a P/E/G ratio of 0.56 and a beta of 1.42. 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 business has a 50-day simple moving average of $73.70 and a two-hundred day simple moving average of $75.51.

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. The firm had revenue of $3.79 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.91 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Analysts predict that Synchrony Financial will post 7.67 EPS for the current year.

Synchrony Financial Dividend Announcement

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

Insider Buying and Selling at Synchrony Financial

In related news, insider Brian J. Sr. Wenzel sold 47,112 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $67.16, for a total value of $3,164,041.92. Following the transaction, the insider directly owned 64,221 shares of the company’s stock, valued at approximately $4,313,082.36. This trade represents a 42.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Alberto Casellas sold 14,399 shares of Synchrony Financial stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $67.71, for a total value of $974,956.29. Following the transaction, the insider owned 50,331 shares in the company, valued at $3,407,912.01. This trade represents a 22.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 379,928 shares of company stock worth $26,170,764. Insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a research report on Wednesday, January 21st. Royal Bank Of Canada reduced their target price on Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a report on Wednesday, January 28th. Wall Street Zen cut Synchrony Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. 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. Finally, BTIG Research reaffirmed a “buy” rating and set a $96.00 price objective on shares of Synchrony Financial in a research report on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $87.11.

Synchrony Financial 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.