Danske Bank A S Invests $34.36 Million in Synchrony Financial $SYF

Danske Bank A S acquired a new stake in Synchrony Financial (NYSE:SYF) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 483,633 shares of the financial services provider’s stock, valued at approximately $34,362,000. Danske Bank A S owned approximately 0.13% of Synchrony Financial as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. Donoghue Forlines LLC purchased a new position in Synchrony Financial in the 3rd quarter worth approximately $2,064,000. Brandywine Global Investment Management LLC grew its position in shares of Synchrony Financial by 56.5% in the second quarter. Brandywine Global Investment Management LLC now owns 370,383 shares of the financial services provider’s stock valued at $24,719,000 after purchasing an additional 133,780 shares in the last quarter. Nordea Investment Management AB lifted its position in Synchrony Financial by 7.9% during the third quarter. Nordea Investment Management AB now owns 4,542,336 shares of the financial services provider’s stock worth $318,236,000 after buying an additional 333,093 shares in the last quarter. Ritholtz Wealth Management grew its holdings in Synchrony Financial by 73.8% in the 3rd quarter. Ritholtz Wealth Management now owns 77,220 shares of the financial services provider’s stock valued at $5,486,000 after buying an additional 32,802 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of Synchrony Financial by 6.1% in the 2nd quarter. AQR Capital Management LLC now owns 4,266,366 shares of the financial services provider’s stock worth $284,737,000 after acquiring an additional 245,527 shares during the last quarter. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. TD Cowen raised their price objective on shares of Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. BTIG Research reiterated a “buy” rating and issued a $96.00 target price on shares of Synchrony Financial in a report on Wednesday, March 11th. Weiss Ratings reissued a “buy (b-)” rating on shares of Synchrony Financial in a research note on Wednesday, January 21st. Barclays cut their price target on shares of Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating for the company in a report on Wednesday, January 28th. Finally, Robert W. Baird raised shares of Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 price target on the stock in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $87.11.

Insider Buying and Selling at Synchrony Financial

In other news, insider Alberto Casellas sold 14,399 shares of Synchrony Financial stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $67.71, for a total value of $974,956.29. Following the completion of the sale, the insider directly owned 50,331 shares of the company’s stock, valued at approximately $3,407,912.01. The trade was a 22.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Brian D. Doubles sold 217,554 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $68.68, for a total transaction of $14,941,608.72. Following the sale, the insider owned 829,222 shares in the company, valued at $56,950,966.96. This trade represents a 20.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 379,928 shares of company stock valued at $26,170,764. Corporate insiders own 0.32% of the company’s stock.

Synchrony Financial Price Performance

Synchrony Financial stock opened at $64.96 on Thursday. The company’s 50 day simple moving average is $72.79 and its 200-day simple moving average is $75.35. 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 has a 1 year low of $40.54 and a 1 year high of $88.77. The company has a market capitalization of $22.58 billion, a price-to-earnings ratio of 6.99, a price-to-earnings-growth ratio of 0.58 and a beta of 1.42.

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

Synchrony Financial Dividend Announcement

The company also recently declared 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. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, February 6th. Synchrony Financial’s dividend payout ratio (DPR) is currently 12.92%.

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.