Hsbc Holdings PLC Lowers Stock Holdings in Synchrony Financial $SYF

Hsbc Holdings PLC lowered its stake in Synchrony Financial (NYSE:SYF) by 6.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,790,579 shares of the financial services provider’s stock after selling 122,133 shares during the period. Hsbc Holdings PLC’s holdings in Synchrony Financial were worth $149,546,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cullen Frost Bankers Inc. increased its stake in Synchrony Financial by 7.3% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,995 shares of the financial services provider’s stock valued at $166,000 after buying an additional 135 shares during the period. Colonial Trust Co SC lifted its stake in shares of Synchrony Financial by 40.2% in the 3rd quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 136 shares during the period. CoreCap Advisors LLC boosted its holdings in shares of Synchrony Financial by 34.4% in the fourth quarter. CoreCap Advisors LLC now owns 543 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 139 shares in the last quarter. Choreo LLC boosted its holdings in shares of Synchrony Financial by 1.1% in the fourth quarter. Choreo LLC now owns 13,486 shares of the financial services provider’s stock valued at $1,137,000 after acquiring an additional 145 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in shares of Synchrony Financial by 3.1% during the second quarter. Smartleaf Asset Management LLC now owns 5,027 shares of the financial services provider’s stock worth $333,000 after acquiring an additional 149 shares during the period. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Synchrony Financial Stock Up 0.1%

Synchrony Financial stock opened at $75.34 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.24 and a current ratio of 1.24. The firm has a market capitalization of $25.34 billion, a price-to-earnings ratio of 7.79, a price-to-earnings-growth ratio of 0.66 and a beta of 1.33. Synchrony Financial has a fifty-two week low of $61.48 and a fifty-two week high of $88.77. The stock’s fifty day moving average is $73.34 and its two-hundred day moving average is $74.55.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.13. Synchrony Financial had a return on equity of 23.41% and a net margin of 15.80%.The business had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter in the previous year, the company posted $1.89 EPS. The business’s revenue was down 7.4% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Analysts predict that Synchrony Financial will post 9.29 EPS for the current fiscal year.

Synchrony Financial declared that its Board of Directors has authorized a share buyback program on Tuesday, April 21st that allows the company to buyback $0.00 in shares. This buyback authorization allows the financial services provider to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.

Synchrony Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, May 5th. Synchrony Financial’s dividend payout ratio (DPR) is 12.41%.

Insider Transactions at Synchrony Financial

In other Synchrony Financial news, insider Jonathan S. Mothner sold 51,258 shares of Synchrony Financial stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $71.23, for a total transaction of $3,651,107.34. Following the completion of the transaction, the insider owned 132,664 shares in the company, valued at approximately $9,449,656.72. The trade was a 27.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on SYF shares. BTIG Research cut shares of Synchrony Financial from a “buy” rating to a “neutral” rating in a report on Wednesday, April 22nd. Robert W. Baird lifted their price objective on Synchrony Financial from $83.00 to $86.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Loop Capital started coverage on Synchrony Financial in a research report on Friday, May 22nd. They set a “hold” rating and a $81.00 target price on the stock. JPMorgan Chase & Co. cut their target price on Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Finally, Wells Fargo & Company reduced their price target on Synchrony Financial from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $86.05.

Synchrony Financial 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.