Landscape Capital Management L.L.C. Purchases Shares of 64,811 SLM Corporation $SLM

Landscape Capital Management L.L.C. acquired a new stake in shares of SLM Corporation (NASDAQ:SLM) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 64,811 shares of the credit services provider’s stock, valued at approximately $1,681,000.

Other hedge funds have also recently made changes to their positions in the company. Allworth Financial LP purchased a new position in shares of SLM during the second quarter worth $55,000. Triumph Capital Management purchased a new stake in SLM in the third quarter valued at $69,000. EverSource Wealth Advisors LLC grew its position in SLM by 19.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,081 shares of the credit services provider’s stock worth $66,000 after purchasing an additional 501 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of SLM during the 1st quarter valued at about $263,000. Finally, GAMMA Investing LLC raised its stake in shares of SLM by 26.4% during the 2nd quarter. GAMMA Investing LLC now owns 11,579 shares of the credit services provider’s stock valued at $300,000 after buying an additional 2,417 shares during the last quarter. 98.94% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SLM has been the subject of a number of analyst reports. Barclays reissued an “equal weight” rating and issued a $26.00 price target (down from $30.00) on shares of SLM in a report on Tuesday, July 7th. Morgan Stanley raised their price objective on shares of SLM from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Monday, July 20th. Royal Bank Of Canada lifted their target price on shares of SLM from $28.00 to $29.00 and gave the company an “outperform” rating in a report on Friday, July 10th. Weiss Ratings upgraded shares of SLM from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 18th. Finally, Wall Street Zen downgraded shares of SLM from a “hold” rating to a “sell” rating in a report on Saturday, July 25th. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $29.80.

SLM Stock Up 2.4%

Shares of NASDAQ SLM opened at $26.46 on Friday. The stock has a market cap of $4.97 billion, a PE ratio of 7.39, a P/E/G ratio of 2.30 and a beta of 0.96. The company has a current ratio of 1.33, a quick ratio of 1.32 and a debt-to-equity ratio of 2.63. SLM Corporation has a 12-month low of $17.77 and a 12-month high of $32.07. The company has a 50-day moving average of $25.48 and a 200 day moving average of $23.28.

SLM (NASDAQ:SLM) last released its quarterly earnings data on Thursday, July 23rd. The credit services provider reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.17). The company had revenue of $401.11 million for the quarter, compared to analyst estimates of $409.22 million. SLM had a return on equity of 33.81% and a net margin of 26.09%.The business’s quarterly revenue was down .7% on a year-over-year basis. During the same period last year, the firm posted $0.32 EPS. SLM has set its FY 2026 guidance at 3.100-3.200 EPS. As a group, sell-side analysts predict that SLM Corporation will post 3.12 EPS for the current fiscal year.

SLM Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be given a $0.13 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.52 dividend on an annualized basis and a yield of 2.0%. SLM’s payout ratio is presently 14.53%.

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.