Commerzbank Aktiengesellschaft FI Has $1.14 Million Stake in Synchrony Financial $SYF

Commerzbank Aktiengesellschaft FI boosted its position in Synchrony Financial (NYSE:SYF) by 245.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,601 shares of the financial services provider’s stock after purchasing an additional 9,668 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Synchrony Financial were worth $1,135,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Colonial Trust Co SC increased its holdings in Synchrony Financial by 40.2% in the third quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 136 shares in the last quarter. CoreCap Advisors LLC raised its holdings in shares of Synchrony Financial by 34.4% during the fourth quarter. CoreCap Advisors LLC now owns 543 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 139 shares during the period. United Community Bank raised 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 valued at $318,000 after purchasing an additional 145 shares during the period. Choreo LLC raised its holdings in shares of Synchrony Financial by 1.1% during the fourth quarter. Choreo LLC now owns 13,486 shares of the financial services provider’s stock valued at $1,137,000 after purchasing an additional 145 shares during the period. Finally, SYM FINANCIAL Corp raised its holdings in shares of Synchrony Financial by 3.0% during 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. Institutional investors own 96.48% of the company’s stock.

Insiders Place Their Bets

In other Synchrony Financial news, insider Curtis Howse sold 7,882 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $67.71, for a total value of $533,690.22. Following the completion of the sale, the insider directly owned 94,873 shares of the company’s stock, valued at approximately $6,423,850.83. This represents a 7.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Darrell Owens sold 3,865 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $67.71, for a total transaction of $261,699.15. Following the completion of the sale, the insider directly owned 17,432 shares of the company’s stock, valued at $1,180,320.72. The trade was a 18.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 323,372 shares of company stock worth $22,080,634 in the last ninety days. 0.36% of the stock is owned by corporate insiders.

Synchrony Financial Trading Up 0.0%

NYSE:SYF opened at $71.28 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a 50-day moving average of $70.71 and a 200-day moving average of $74.92. The company has a market cap of $23.98 billion, a PE ratio of 7.37, a PEG ratio of 0.62 and a beta of 1.37. Synchrony Financial has a one year low of $55.67 and a one year high of $88.77.

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

Synchrony Financial announced that its Board of Directors has initiated a share buyback program on Tuesday, April 21st that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the financial services provider to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its stock is undervalued.

Synchrony Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, May 5th. Synchrony Financial’s dividend payout ratio is presently 12.41%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SYF. Barclays upped their price objective on shares of Synchrony Financial from $82.00 to $93.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Compass Point upgraded shares of Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 price objective on the stock in a report on Wednesday, January 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Synchrony Financial in a report on Monday, April 20th. JPMorgan Chase & Co. dropped their price objective on shares of Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Finally, Truist Financial upped their price objective on shares of Synchrony Financial from $71.00 to $82.00 and gave the company a “hold” rating in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Synchrony Financial has an average rating of “Moderate Buy” and an average price target of $86.32.

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.