Synchrony Financial (SYF) : Horan Capital Advisors. scooped up 37,181 additional shares in Synchrony Financial during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 98,924 shares of Synchrony Financial which is valued at $2,738,216.Synchrony Financial makes up approximately 2.10% of Horan Capital Advisors.’s portfolio.
Other Hedge Funds, Including , Blackrock Japan Ltd reduced its stake in SYF by selling 23,631 shares or 2.02% in the most recent quarter. The Hedge Fund company now holds 1,143,887 shares of SYF which is valued at $31,662,792. Synchrony Financial makes up approx 0.11% of Blackrock Japan Ltd’s portfolio.Tci Wealth Advisors boosted its stake in SYF in the latest quarter, The investment management firm added 1,156 additional shares and now holds a total of 1,319 shares of Synchrony Financial which is valued at $36,418. Synchrony Financial makes up approx 0.02% of Tci Wealth Advisors’s portfolio.Calvert Investment Management reduced its stake in SYF by selling 4,832 shares or 7.4% in the most recent quarter. The Hedge Fund company now holds 60,437 shares of SYF which is valued at $1,705,532. Synchrony Financial makes up approx 0.09% of Calvert Investment Management’s portfolio.Uss Investment Management Ltd boosted its stake in SYF in the latest quarter, The investment management firm added 7,600 additional shares and now holds a total of 215,748 shares of Synchrony Financial which is valued at $6,012,897. Synchrony Financial makes up approx 0.10% of Uss Investment Management Ltd’s portfolio.Lucus Advisors reduced its stake in SYF by selling 4,554 shares or 24.8% in the most recent quarter. The Hedge Fund company now holds 13,808 shares of SYF which is valued at $388,557. Synchrony Financial makes up approx 0.30% of Lucus Advisors’s portfolio.
Synchrony Financial opened for trading at $27.17 and hit $27.49 on the upside on Friday, eventually ending the session at $27.38, with a gain of 0.33% or 0.09 points. The heightened volatility saw the trading volume jump to 49,49,335 shares. Company has a market cap of $22,833 M.
On the company’s financial health, Synchrony Financial reported $0.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 22, 2016. Analyst had a consensus of $0.54.Analysts expectations of $ 2622.20.During the same quarter in the previous year, the company posted $0.65 EPS.
Many Wall Street Analysts have commented on Synchrony Financial. Shares were Reiterated by Jefferies on Jun 15, 2016 to “Buy” and Lowered the Price Target to $ 35 from a previous price target of $42 .
Synchrony Financial (Synchrony) is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of retailers local merchants manufacturers buying groups industry associations and healthcare service providers. The Company’s revenue activities are managed through three sales platforms: Retail Card Payment Solutions and CareCredit. The Company offers two types of credit cards: private label credit cards and Dual Cards. It offers its credit products through its wholly owned subsidiary Synchrony Bank (the Bank). Through the Bank it offers a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC) including certificates of deposit individual retirement accounts (IRAs) money market accounts and savings accounts under its Optimizer+Plus brand.