MorganRosel Wealth Management LLC acquired a new stake in shares of SLM Corporation (NASDAQ:SLM – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 40,869 shares of the credit services provider’s stock, valued at approximately $1,131,000.
A number of other hedge funds have also recently added to or reduced their stakes in SLM. City Holding Co. bought a new stake in SLM in the second quarter valued at $25,000. EverSource Wealth Advisors LLC increased its holdings in shares of SLM by 118.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,995 shares of the credit services provider’s stock worth $131,000 after acquiring an additional 2,164 shares during the period. Longboard Asset Management LP acquired a new stake in shares of SLM in the 2nd quarter worth about $207,000. Dynamic Technology Lab Private Ltd bought a new stake in SLM in the 1st quarter valued at about $263,000. Finally, Farther Finance Advisors LLC boosted its stake in SLM by 39.7% during the 2nd quarter. Farther Finance Advisors LLC now owns 16,551 shares of the credit services provider’s stock valued at $543,000 after purchasing an additional 4,707 shares during the period. Institutional investors and hedge funds own 98.94% of the company’s stock.
SLM Price Performance
Shares of SLM stock opened at $27.61 on Monday. SLM Corporation has a 52 week low of $23.81 and a 52 week high of $34.97. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 3.27. The stock has a market cap of $5.61 billion, a PE ratio of 9.69, a price-to-earnings-growth ratio of 1.16 and a beta of 1.12. The company’s 50-day moving average price is $27.80 and its two-hundred day moving average price is $29.34.
SLM Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Thursday, December 4th were issued a $0.13 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $0.52 annualized dividend and a dividend yield of 1.9%. SLM’s dividend payout ratio is currently 18.25%.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on SLM shares. Wells Fargo & Company dropped their price target on shares of SLM from $35.00 to $30.00 and set an “overweight” rating on the stock in a research note on Thursday, December 11th. Barclays lowered their target price on SLM from $43.00 to $35.00 and set an “overweight” rating on the stock in a research report on Monday, October 6th. TD Cowen lifted their target price on SLM from $39.00 to $40.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Keefe, Bruyette & Woods decreased their price target on SLM from $31.00 to $29.00 and set a “market perform” rating for the company in a research note on Wednesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft set a $37.00 price target on SLM in a report on Wednesday, December 10th. Seven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $31.60.
View Our Latest Research Report on SLM
More SLM News
Here are the key news stories impacting SLM this week:
- Negative Sentiment: Multiple law firms have filed or announced class actions alleging securities law violations tied to SLM’s July 25–August 14, 2025 period, and are seeking lead plaintiffs; deadline to move for lead plaintiff is Feb. 17, 2026. SLM Corporation (SLM) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
- Negative Sentiment: Levi & Korsinsky and other firms notified investors they may join or lead the suit seeking recovery for alleged investor losses during the same class period. Lost Money on SLM Corporation (SLM)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
- Negative Sentiment: Robbins Geller and other prominent firms are soliciting plaintiffs and publicizing the suit (captioned Zappia v. SLM), keeping litigation visibility high. SLM INVESTOR DEADLINE: SLM Corporation a/k/a Sallie Mae Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
- Negative Sentiment: Bronstein, Gewirtz & Grossman and others confirm a filed class action alleging investor harm; this increases the likelihood of coordinated plaintiff efforts. Bronstein, Gewirtz & Grossman LLC Urges SLM Corporation a/k/a Sallie Mae Investors to Act: Class Action Filed Alleging Investor Harm
- Negative Sentiment: Additional firms (Schall, Berger Montague, Gross Law Firm, Portnoy, Bernstein Liebhard, Gainey McKenna & Egleston) have issued alerts—keeping the story widely disseminated and increasing short-term selling pressure. SLM Investors Have Opportunity to Lead SLM Corporation a/k/a Sallie Mae Securities Fraud Lawsuit with the Schall Law Firm
SLM Company Profile
SLM Corporation, operating as Sallie Mae Bank, is a leading U.S.-based consumer banking company specializing in education financing and related banking products. The company provides a range of private student loans for undergraduate and graduate studies, Parent PLUS loans, and specialized financing for career and certificate programs. In addition to its core lending services, Sallie Mae offers deposit products including savings accounts, checking accounts, money market accounts, certificates of deposit, and credit cards tailored to students and young adults.
Founded in 1972 as the Student Loan Marketing Association—a government-sponsored enterprise—Sallie Mae was privatized in 2004 and has since focused on expanding its private education loan offerings and digital banking solutions.
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