In Credit Services Industry, Synchrony Financial (SYF) have 821.38 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders. FMR LLC now owns 29,089,365 shares of the financial services provider’s stock valued at $997,766,000 after buying an additional 1,507,342 shares in the last quarter. Market Cap is also the figure use to determine company’s size, as opposed to using sales or total asset figures. Norges Bank bought a new position in Synchrony Financial during the fourth quarter worth approximately $289,634,000. The share last price represents downtick move of -28.18% in value from company’s 52-Week high price and shows 18.65% above change in value from its 52-Week low price. K.J. Harrison & Partners Inc increased its position in Synchrony Financial by 205.0% in the third quarter. The stock plummeted -17.9 percent over the past month and fell -25.26 percent year-to-date. The institutional investor owned 3,280 shares of the financial services provider’s stock after buying an additional 965 shares during the period. Finally, Mizuho Trust & Banking Co. MUFG Americas Holdings Corp bought a new stake in shares of Synchrony Financial during the first quarter worth $261,000. The stock has a 1-year performance up 59.46% and positive at 0.38% in last five trading sessions. Institutional investors own 89.10% of the company’s stock.
About shares traded. Synchrony Financial (NYSE:SYF) has declined 1.48% since October 6, 2016 and is downtrending. The stock has 5 year expected PEG ratio of 1.16 whereas its trailing twelve month P/E ratio is 10.24. Recently, the stock has been moved 4.21% from its 200-day simple moving average.
Synchrony Financial (NYSE:SYF) last issued its quarterly earnings results on Friday, April 28th. To make a proper assessment, investors seek a sound estimate of this year’s and next year’s earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. The company beat the analyst EPS Estimate with the difference of $-0.12. During the same quarter in the prior year, the business earned $0.70 earnings per share.
Synchrony Financial was covered by a number of analysts recently, 9 rated the stock as Buy, 6 rated Hold, 0 rated sell and 0 gave an Underperform. Stockholders of record on Monday, May 8th will be paid a $0.13 dividend. The ex-dividend date is Thursday, May 4th. Synchrony Financial’s dividend payout ratio is 19.19%.
COPYRIGHT VIOLATION WARNING: This report was reported by Markets Daily and is the sole property of of Markets Daily. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of United States & global trademark & copyright law. Oppenheimer Holdings Inc. started coverage on shares of Synchrony Financial in a research report on Tuesday, April 11th.
Several other analysts have also commented on the stock.
Synchrony Financial (SYF) belongs to the “Financial” sector with an industry focus on “Credit Services”, with Ms. Margaret M. Keane as Chief Exec. Officer, Pres and Director. Sit Investment Associates Inc acquired 10,075 shares as Synchrony Financial (SYF)’s stock rose 31.51%. (NYSE:ETM) hit a new 52-week low and has $9.06 target or 8.00% below today’s $9.85 share price. The correct version of this piece of content can be read at https://transcriptdaily.com/2017/05/16/synchrony-financial-syf-shares-sold-by-zurcher-kantonalbank-zurich-cantonalbank.html. They issued an “outperform” rating for the company. A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range. Analysts have placed a $36.23 price target on Synchrony Financial, suggesting a 34.99% gain from recent close. As per Wednesday, April 12, the company rating was maintained by Wood. Following the completion of the transaction, the director now directly owns 55,389 shares of the company’s stock, valued at approximately $1,539,814.20. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The Company also offers a debt cancellation product. The stock was sold at an average price of $36.13, for a total transaction of $292,978.17. The disclosure for this sale can be found here.
A stock rating usually tells investors how well a stock’s market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.
Synchrony Financial is a consumer financial services company.