Bread Financial Holdings, Inc. (NYSE:BFH) Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its position in Bread Financial Holdings, Inc. (NYSE:BFH - Free Report) by 5.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 118,564 shares of the company's stock after buying an additional 6,507 shares during the period. Robeco Institutional Asset Management B.V. owned 0.25% of Bread Financial worth $5,938,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC lifted its stake in shares of Bread Financial by 2.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 7,248 shares of the company's stock worth $443,000 after buying an additional 175 shares during the period. Summit Investment Advisors Inc. lifted its position in Bread Financial by 3.7% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,202 shares of the company's stock worth $318,000 after acquiring an additional 184 shares during the period. Federated Hermes Inc. lifted its position in Bread Financial by 1.0% during the 4th quarter. Federated Hermes Inc. now owns 30,641 shares of the company's stock worth $1,871,000 after acquiring an additional 305 shares during the period. GAMMA Investing LLC grew its stake in Bread Financial by 28.0% during the 1st quarter. GAMMA Investing LLC now owns 1,457 shares of the company's stock valued at $73,000 after purchasing an additional 319 shares during the last quarter. Finally, QRG Capital Management Inc. raised its stake in shares of Bread Financial by 10.2% in the first quarter. QRG Capital Management Inc. now owns 4,037 shares of the company's stock worth $202,000 after purchasing an additional 373 shares during the last quarter. Hedge funds and other institutional investors own 99.52% of the company's stock.

Bread Financial Price Performance

BFH stock traded up $0.52 during mid-day trading on Friday, reaching $60.40. 353,481 shares of the company's stock were exchanged, compared to its average volume of 872,549. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.17 and a quick ratio of 1.17. Bread Financial Holdings, Inc. has a 12-month low of $38.21 and a 12-month high of $66.71. The stock's 50 day moving average is $52.72 and its 200 day moving average is $54.34. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 10.73, a price-to-earnings-growth ratio of 1.13 and a beta of 1.38.

Bread Financial (NYSE:BFH - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $2.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.10 by $0.76. The firm had revenue of $970.00 million for the quarter, compared to analysts' expectations of $956.17 million. Bread Financial had a net margin of 5.89% and a return on equity of 12.60%. The firm's revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter last year, the company earned $2.73 EPS. On average, research analysts expect that Bread Financial Holdings, Inc. will post 6.45 EPS for the current year.

Bread Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 9th were given a dividend of $0.21 per share. The ex-dividend date was Friday, May 9th. This represents a $0.84 annualized dividend and a dividend yield of 1.39%. Bread Financial's dividend payout ratio (DPR) is presently 14.92%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on BFH shares. Morgan Stanley increased their price target on shares of Bread Financial from $36.00 to $39.00 and gave the stock an "underweight" rating in a report on Monday, May 12th. JMP Securities reiterated a "market perform" rating on shares of Bread Financial in a research note on Monday, April 28th. The Goldman Sachs Group decreased their target price on shares of Bread Financial from $68.00 to $58.00 and set a "sell" rating for the company in a research report on Tuesday, March 18th. Finally, Jefferies Financial Group upped their price target on shares of Bread Financial from $45.00 to $50.00 and gave the company a "hold" rating in a report on Thursday, April 24th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $60.27.

Bread Financial Profile

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.