Free Trial

4,937 Shares in Bread Financial Holdings, Inc. $BFH Acquired by Versor Investments LP

Bread Financial logo with Finance background

Key Points

  • Versor Investments LP acquired 4,937 shares of Bread Financial Holdings, Inc. (NYSE:BFH), valued at approximately $247,000, indicating growing institutional interest in the company.
  • Bread Financial shares have a recent price target update, with Royal Bank of Canada increasing it from $65.00 to $74.00 and Barclays raising theirs from $45.00 to $52.00.
  • The company reported a quarterly earnings surprise, with earnings per share of $3.14, significantly beating analysts' expectations of $1.85, although revenue was down from the previous year.
  • Want stock alerts on Bread Financial? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Versor Investments LP acquired a new position in Bread Financial Holdings, Inc. (NYSE:BFH - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,937 shares of the company's stock, valued at approximately $247,000.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC raised its stake in Bread Financial by 28.0% in the first quarter. GAMMA Investing LLC now owns 1,457 shares of the company's stock worth $73,000 after buying an additional 319 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Bread Financial by 15.0% in the first quarter. Envestnet Asset Management Inc. now owns 10,816 shares of the company's stock worth $542,000 after buying an additional 1,412 shares in the last quarter. Allianz Asset Management GmbH raised its stake in Bread Financial by 2.9% in the first quarter. Allianz Asset Management GmbH now owns 488,316 shares of the company's stock worth $24,455,000 after buying an additional 13,656 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in Bread Financial in the fourth quarter worth approximately $338,000. Finally, Principal Financial Group Inc. raised its stake in Bread Financial by 1.4% in the first quarter. Principal Financial Group Inc. now owns 244,503 shares of the company's stock worth $12,245,000 after buying an additional 3,416 shares in the last quarter. Institutional investors own 99.52% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on BFH shares. Royal Bank Of Canada upped their price target on Bread Financial from $65.00 to $74.00 and gave the stock a "sector perform" rating in a research report on Friday, July 25th. Barclays reaffirmed an "underweight" rating and set a $52.00 price target (up from $45.00) on shares of Bread Financial in a research report on Tuesday, July 8th. Jefferies Financial Group upped their price target on Bread Financial from $45.00 to $50.00 and gave the stock a "hold" rating in a research report on Thursday, April 24th. Wall Street Zen downgraded Bread Financial from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. Finally, BTIG Research set a $105.00 price target on Bread Financial and gave the stock a "buy" rating in a research report on Monday, July 14th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $64.91.

View Our Latest Analysis on BFH

Bread Financial Price Performance

Shares of BFH opened at $59.66 on Friday. The firm has a market capitalization of $2.78 billion, a PE ratio of 10.09, a price-to-earnings-growth ratio of 0.94 and a beta of 1.42. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.18 and a quick ratio of 1.18. Bread Financial Holdings, Inc. has a 1-year low of $38.21 and a 1-year high of $66.71. The company's fifty day moving average price is $59.10 and its 200-day moving average price is $54.08.

Bread Financial (NYSE:BFH - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The company reported $3.14 earnings per share for the quarter, beating analysts' consensus estimates of $1.85 by $1.29. The firm had revenue of $929.00 million for the quarter, compared to analyst estimates of $944.69 million. Bread Financial had a net margin of 6.05% and a return on equity of 13.10%. The business's quarterly revenue was down 1.1% compared to the same quarter last year. During the same period in the previous year, the company earned $2.66 earnings per share. Bread Financial has set its FY 2025 guidance at EPS. On average, equities research analysts predict that Bread Financial Holdings, Inc. will post 6.45 EPS for the current year.

Bread Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 8th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.4%. Bread Financial's payout ratio is 14.21%.

Insider Buying and Selling at Bread Financial

In related news, Director John J. Fawcett acquired 1,027 shares of the company's stock in a transaction dated Wednesday, July 30th. The shares were purchased at an average cost of $61.79 per share, with a total value of $63,458.33. Following the completion of the acquisition, the director directly owned 10,302 shares of the company's stock, valued at $636,560.58. This represents a 11.07% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.85% of the stock is owned by company insiders.

About Bread Financial

(Free Report)

Bread Financial Holdings, Inc provides tech-forward payment and lending solutions to customers and consumer-based industries in North America. It offers credit card and other loans financing services, including risk management solutions, account origination, and funding services for private label and co-brand credit card programs, as well as through Bread partnerships; and Comenity-branded general purpose cash-back credit.

Featured Stories

Institutional Ownership by Quarter for Bread Financial (NYSE:BFH)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Bread Financial Right Now?

Before you consider Bread Financial, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bread Financial wasn't on the list.

While Bread Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Next Tech Boom: AI Robots Are Coming Sooner Than You Think!
Tech Stocks Stumble: Will Nvidia’s Report Spark a Rebound?
Follow the Money: 5 Stocks Institutions Are Buying NOW

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines