Jefferies Financial Group Inc. Invests $16.94 Million in Synchrony Financial $SYF

Jefferies Financial Group Inc. bought a new position in Synchrony Financial (NYSE:SYF - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 222,782 shares of the financial services provider's stock, valued at approximately $16,943,000. Jefferies Financial Group Inc. owned about 0.07% of Synchrony Financial at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Assenagon Asset Management S.A. boosted its holdings in Synchrony Financial by 959.4% during the first quarter. Assenagon Asset Management S.A. now owns 545,880 shares of the financial services provider's stock worth $37,131,000 after purchasing an additional 494,354 shares during the last quarter. Basswood Capital Management L.L.C. purchased a new stake in Synchrony Financial in the 2nd quarter valued at about $45,734,000. Forsta AP Fonden lifted its position in shares of Synchrony Financial by 7.7% during the 4th quarter. Forsta AP Fonden now owns 228,900 shares of the financial services provider's stock worth $19,097,000 after buying an additional 16,400 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new position in shares of Synchrony Financial during the 4th quarter worth approximately $84,494,000. Finally, Arbejdsmarkedets Tillaegspension boosted its stake in shares of Synchrony Financial by 31.2% in the 1st quarter. Arbejdsmarkedets Tillaegspension now owns 376,640 shares of the financial services provider's stock worth $25,619,000 after buying an additional 89,528 shares during the last quarter. Institutional investors own 96.48% of the company's stock.

Synchrony Financial Stock Performance

Shares of SYF opened at $79.98 on Friday. Synchrony Financial has a 1 year low of $63.08 and a 1 year high of $88.77. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.22. The stock's fifty day moving average price is $76.58 and its two-hundred day moving average price is $73.08. The firm has a market cap of $26.02 billion, a PE ratio of 8.19, a PEG ratio of 0.73 and a beta of 1.32.

Synchrony Financial (NYSE:SYF - Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.14 by $0.45. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.The company had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.72 billion. During the same quarter in the prior year, the company earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. On average, equities research analysts forecast that Synchrony Financial will post 9.39 EPS for the current year.

Synchrony Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Wednesday, August 5th were given a dividend of $0.34 per share. This is a boost from Synchrony Financial's previous quarterly dividend of $0.30. This represents a $1.36 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Wednesday, August 5th. Synchrony Financial's dividend payout ratio (DPR) is 13.93%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on SYF shares. UBS Group upped their target price on Synchrony Financial from $84.00 to $87.00 and gave the company a "neutral" rating in a report on Monday, August 3rd. Royal Bank Of Canada dropped their price target on Synchrony Financial from $85.00 to $80.00 and set a "sector perform" rating on the stock in a report on Wednesday, July 22nd. JPMorgan Chase & Co. cut their price objective on Synchrony Financial from $81.00 to $78.00 and set a "neutral" rating on the stock in a research report on Monday, July 13th. TD Cowen upped their price objective on Synchrony Financial from $89.00 to $90.00 and gave the company a "buy" rating in a research note on Tuesday, July 7th. Finally, Loop Capital started coverage on Synchrony Financial in a research report on Friday, May 22nd. They set a "hold" rating and a $81.00 target price for the company. Twelve analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $87.78.

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.

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