PensionDanmark Pensionsforsikringsaktieselskab Buys 18,678 Shares of Synchrony Financial $SYF

Key Points

• PensionDanmark increased its Synchrony Financial stake by 47% in the second quarter, purchasing 18,678 additional shares and bringing its holdings to 58,454 shares valued at approximately $4.45 million.
• Synchrony reported quarterly EPS of $2.59, beating the $2.14 analyst consensus, while analysts maintain a “Moderate Buy” consensus and an average price target of $87.89.
• The company raised its quarterly dividend to $0.34 per share, equivalent to a $1.36 annualized payout and a 1.7% yield; institutional investors own 96.48% of the stock.

PensionDanmark Pensionsforsikringsaktieselskab increased its position in shares of Synchrony Financial (NYSE:SYF - Free Report) by 47.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,454 shares of the financial services provider's stock after buying an additional 18,678 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab's holdings in Synchrony Financial were worth $4,445,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. KTF Investments LLC acquired a new position in shares of Synchrony Financial in the 4th quarter valued at $3,923,000. Assenagon Asset Management S.A. boosted its position in shares of Synchrony Financial by 959.4% during the 1st quarter. Assenagon Asset Management S.A. now owns 545,880 shares of the financial services provider's stock valued at $37,131,000 after acquiring an additional 494,354 shares in the last quarter. Jefferies Financial Group Inc. boosted its position in shares of Synchrony Financial by 701.9% during the 4th quarter. Jefferies Financial Group Inc. now owns 120,996 shares of the financial services provider's stock valued at $10,095,000 after acquiring an additional 105,907 shares in the last quarter. Arbejdsmarkedets Tillaegspension increased its stake in Synchrony Financial by 31.2% in the first quarter. Arbejdsmarkedets Tillaegspension now owns 376,640 shares of the financial services provider's stock valued at $25,619,000 after acquiring an additional 89,528 shares during the period. Finally, Forsta AP Fonden increased its stake in Synchrony Financial by 7.7% in the fourth quarter. Forsta AP Fonden now owns 228,900 shares of the financial services provider's stock valued at $19,097,000 after acquiring an additional 16,400 shares during the period. 96.48% of the stock is currently owned by institutional investors.

Insider Transactions at Synchrony Financial

In other Synchrony Financial news, insider Jonathan S. Mothner sold 51,258 shares of Synchrony Financial stock in a transaction on Friday, May 15th. The stock was sold at an average price of $71.23, for a total value of $3,651,107.34. Following the completion of the transaction, the insider owned 132,664 shares in the company, valued at approximately $9,449,656.72. The trade was a 27.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.36% of the company's stock.

Wall Street Analyst Weigh In

SYF has been the subject of several recent research reports. TD Cowen increased their price target on shares of Synchrony Financial from $89.00 to $90.00 and gave the stock a "buy" rating in a research report on Tuesday, July 7th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Synchrony Financial in a research note on Friday, July 17th. Robert W. Baird increased their target price on Synchrony Financial from $86.00 to $90.00 and gave the stock an "outperform" rating in a report on Wednesday, July 22nd. Loop Capital assumed 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. Finally, Truist Financial boosted their price target on Synchrony Financial from $71.00 to $82.00 and gave the company a "hold" rating in a research note on Thursday, April 23rd. Twelve equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $87.89.

Synchrony Financial Price Performance

Shares of Synchrony Financial stock opened at $78.60 on Monday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $25.57 billion, a price-to-earnings ratio of 8.05, a P/E/G ratio of 0.74 and a beta of 1.32. Synchrony Financial has a 1-year low of $63.08 and a 1-year high of $88.77. The firm's 50-day moving average price is $74.48 and its two-hundred day moving average price is $72.61.

Synchrony Financial (NYSE:SYF - Get Free Report) last posted its earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.14 by $0.45. The company had revenue of $3.72 billion during the quarter, compared to analysts' expectations of $3.72 billion. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. During the same quarter in the previous year, the company posted $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. On average, equities analysts predict that Synchrony Financial will post 9.35 earnings per share for the current fiscal year.

Synchrony Financial announced that its Board of Directors has authorized a share buyback plan on Tuesday, April 21st that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the financial services provider to purchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

Synchrony Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Wednesday, August 5th will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 1.7%. This is a positive change from Synchrony Financial's previous quarterly dividend of $0.30. Synchrony Financial's payout ratio is 13.93%.

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.

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