Jefferies Financial Group Inc. Invests $1.07 Million in Synchrony Financial $SYF

Jefferies Financial Group Inc. acquired a new stake in Synchrony Financial (NYSE:SYF) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 15,089 shares of the financial services provider’s stock, valued at approximately $1,072,000.

Other large investors have also added to or reduced their stakes in the company. Westside Investment Management Inc. lifted its stake in Synchrony Financial by 100.0% in the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock valued at $25,000 after buying an additional 179 shares during the period. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new stake in shares of Synchrony Financial during the 2nd quarter worth approximately $26,000. Salomon & Ludwin LLC grew its position in shares of Synchrony Financial by 54.9% during the 3rd quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock worth $29,000 after buying an additional 146 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Synchrony Financial by 337.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 455 shares in the last quarter. Finally, Colonial Trust Co SC lifted its position in shares of Synchrony Financial by 40.2% during the 3rd quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 136 shares during the period. Institutional investors and hedge funds own 96.48% of the company’s stock.

Insider Activity

In other news, insider Brian J. Sr. Wenzel sold 47,112 shares of Synchrony Financial stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $67.16, for a total transaction of $3,164,041.92. Following the sale, the insider directly owned 64,221 shares in the company, valued at $4,313,082.36. The trade was a 42.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Darrell Owens sold 3,865 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $67.71, for a total transaction of $261,699.15. Following the transaction, the insider owned 17,432 shares of the company’s stock, valued at approximately $1,180,320.72. The trade was a 18.15% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 379,928 shares of company stock worth $26,170,764. 0.32% of the stock is owned by insiders.

Synchrony Financial Trading Down 2.0%

NYSE:SYF opened at $63.94 on Friday. Synchrony Financial has a 52 week low of $40.54 and a 52 week high of $88.77. The firm has a 50-day moving average price of $74.57 and a two-hundred day moving average price of $75.67. The firm has a market cap of $22.22 billion, a price-to-earnings ratio of 6.88, a price-to-earnings-growth ratio of 0.58 and a beta of 1.42. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24.

Synchrony Financial (NYSE:SYF) last released its earnings results on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $0.16. The company had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.84 billion. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.Synchrony Financial’s quarterly revenue was down .2% on a year-over-year basis. During the same period in the prior year, the company posted $1.91 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, equities analysts expect that Synchrony Financial will post 7.67 earnings per share for the current fiscal year.

Synchrony Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, February 6th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.20 annualized dividend and a dividend yield of 1.9%. Synchrony Financial’s dividend payout ratio (DPR) is currently 12.92%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. cut their target price on shares of Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. Robert W. Baird upgraded shares of Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 price objective on the stock in a report on Friday, February 13th. Keefe, Bruyette & Woods increased their price objective on shares of Synchrony Financial from $95.00 to $98.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. Royal Bank Of Canada reduced their target price on Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 28th. Finally, Wall Street Zen lowered Synchrony Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $87.11.

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.