Bread Financial Holdings, Inc. $BFH Shares Purchased by Tweedy Browne Co LLC

Tweedy Browne Co LLC lifted its holdings in Bread Financial Holdings, Inc. (NYSE:BFH) by 104.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,851 shares of the company’s stock after purchasing an additional 8,606 shares during the period. Tweedy Browne Co LLC’s holdings in Bread Financial were worth $940,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Bread Financial by 0.6% in the third quarter. Vanguard Group Inc. now owns 5,273,797 shares of the company’s stock valued at $294,120,000 after purchasing an additional 30,962 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Bread Financial by 0.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,076,004 shares of the company’s stock worth $171,557,000 after buying an additional 16,143 shares during the period. Franklin Resources Inc. lifted its position in shares of Bread Financial by 16.9% during the 2nd quarter. Franklin Resources Inc. now owns 1,720,613 shares of the company’s stock valued at $98,281,000 after buying an additional 248,401 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Bread Financial by 4.4% during the 3rd quarter. American Century Companies Inc. now owns 1,555,968 shares of the company’s stock valued at $86,776,000 after buying an additional 65,223 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in Bread Financial by 25.1% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,233,121 shares of the company’s stock valued at $70,436,000 after acquiring an additional 247,437 shares during the period. Hedge funds and other institutional investors own 99.52% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on BFH shares. Morgan Stanley boosted their price target on shares of Bread Financial from $62.00 to $68.00 and gave the stock an “underweight” rating in a report on Friday, January 30th. Wall Street Zen lowered shares of Bread Financial from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 21st. JPMorgan Chase & Co. reissued an “underweight” rating and set a $72.00 target price on shares of Bread Financial in a research note on Thursday, December 4th. Royal Bank Of Canada restated a “sector perform” rating and set a $83.00 price target on shares of Bread Financial in a research report on Monday, January 12th. Finally, Barclays raised their price target on shares of Bread Financial from $61.00 to $64.00 and gave the company an “underweight” rating in a research note on Friday, January 30th. Six research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Bread Financial currently has a consensus rating of “Hold” and an average target price of $81.08.

Bread Financial Trading Up 2.9%

Shares of BFH stock opened at $71.94 on Wednesday. Bread Financial Holdings, Inc. has a fifty-two week low of $38.21 and a fifty-two week high of $82.03. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.17 and a current ratio of 1.17. The stock’s fifty day moving average is $73.39 and its two-hundred day moving average is $68.39. The firm has a market capitalization of $3.10 billion, a P/E ratio of 6.64, a PEG ratio of 0.43 and a beta of 1.20.

Bread Financial (NYSE:BFH) last released its earnings results on Thursday, January 29th. The company reported $2.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $1.67. The business had revenue of $975.00 million during the quarter, compared to analyst estimates of $954.74 million. Bread Financial had a net margin of 11.02% and a return on equity of 17.92%. During the same quarter in the prior year, the firm earned $0.41 earnings per share. Research analysts expect that Bread Financial Holdings, Inc. will post 6.45 earnings per share for the current fiscal year.

Bread Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were given a dividend of $0.23 per share. The ex-dividend date was Friday, February 27th. This represents a $0.92 dividend on an annualized basis and a yield of 1.3%. Bread Financial’s payout ratio is presently 8.49%.

Bread Financial declared that its board has authorized a share buyback program on Thursday, February 26th that allows the company to repurchase $600.00 million in outstanding shares. This repurchase authorization allows the company to purchase up to 19% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Bread Financial Profile

Bread Financial, formerly known as Alliance Data Systems, is a Columbus, Ohio–based financial services company that specializes in providing private label credit programs, co-brand credit cards and digital payment solutions for retail partners. The company designs, issues and services proprietary credit products, enabling merchants to offer branded financing options that drive customer loyalty and increase basket sizes at the point of sale. Through its Bread technology platform, Bread Financial delivers installment-based payment options that integrate directly into e-commerce and in-store checkout experiences.

In addition to its core credit offerings, Bread Financial provides analytics, marketing and loyalty services to help merchants better understand consumer behavior and optimize promotional strategies.