Synchrony Financial (NYSE:SYF) was the target of a large growth in short interest during the month of November. As of November 29th, there was short interest totalling 17,420,000 shares, a growth of 18.9% from the November 14th total of 14,650,000 shares. Based on an average daily trading volume, of 4,410,000 shares, the days-to-cover ratio is currently 4.0 days. Currently, 2.7% of the shares of the stock are short sold.

Synchrony Financial stock remained flat at $$37.69 during midday trading on Friday. The company had a trading volume of 4,144,829 shares, compared to its average volume of 3,917,550. The firm has a market capitalization of $24.00 billion, a P/E ratio of 10.08, a price-to-earnings-growth ratio of 0.91 and a beta of 1.16. The company’s 50-day moving average is $36.77 and its 200-day moving average is $34.77. Synchrony Financial has a 1 year low of $21.77 and a 1 year high of $38.18. The company has a quick ratio of 1.26, a current ratio of 1.38 and a debt-to-equity ratio of 1.35.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings data on Friday, October 18th. The financial services provider reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.10. The firm had revenue of $4.39 billion during the quarter, compared to analysts’ expectations of $4.33 billion. Synchrony Financial had a return on equity of 20.05% and a net margin of 19.54%. During the same quarter last year, the business posted $0.91 EPS. On average, sell-side analysts expect that Synchrony Financial will post 4.25 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, November 4th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.33%. The ex-dividend date was Friday, November 1st. Synchrony Financial’s dividend payout ratio (DPR) is 23.53%.

In other news, Director Will W. Graylin sold 7,500 shares of Synchrony Financial stock in a transaction on Monday, September 30th. The stock was sold at an average price of $33.71, for a total transaction of $252,825.00. Following the completion of the transaction, the director now owns 76,662 shares of the company’s stock, valued at approximately $2,584,276.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.32% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. Garrett Wealth Advisory Group LLC purchased a new stake in Synchrony Financial in the 3rd quarter valued at about $26,000. Executive Wealth Management LLC purchased a new stake in Synchrony Financial in the 2nd quarter valued at about $27,000. Patriot Financial Group Insurance Agency LLC purchased a new stake in Synchrony Financial in the 2nd quarter valued at about $29,000. Captrust Financial Advisors grew its holdings in Synchrony Financial by 321.5% in the 2nd quarter. Captrust Financial Advisors now owns 843 shares of the financial services provider’s stock valued at $29,000 after buying an additional 643 shares during the period. Finally, Capital Investment Advisory Services LLC purchased a new stake in Synchrony Financial in the 2nd quarter valued at about $30,000. Institutional investors own 86.82% of the company’s stock.

A number of analysts recently commented on the company. Nomura reiterated a “neutral” rating and set a $38.00 price objective (down previously from $43.00) on shares of Synchrony Financial in a research report on Thursday, December 5th. Oppenheimer set a $39.00 price objective on Synchrony Financial and gave the stock a “buy” rating in a research report on Tuesday, October 15th. Finally, Bank of America assumed coverage on Synchrony Financial in a research report on Monday, December 2nd. They set a “buy” rating and a $42.00 price objective for the company. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $38.92.

About Synchrony Financial

Synchrony Financial operates as a consumer financial services company in the United States. The company offers private label credit cards, dual cards, general purpose co-branded credit cards, and small and medium-sized business credit products; and promotional financing for consumer purchases, such as private label credit cards and installment loans.

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