GSA Capital Partners LLP Invests $4.73 Million in Synchrony Financial $SYF

GSA Capital Partners LLP bought a new position in shares of Synchrony Financial (NYSE:SYF) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 62,159 shares of the financial services provider’s stock, valued at approximately $4,727,000. Synchrony Financial accounts for about 0.3% of GSA Capital Partners LLP’s holdings, making the stock its 16th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. KTF Investments LLC acquired a new stake in Synchrony Financial during the 4th quarter worth approximately $3,923,000. Assenagon Asset Management S.A. boosted its stake in Synchrony Financial by 959.4% in the 1st quarter. Assenagon Asset Management S.A. now owns 545,880 shares of the financial services provider’s stock valued at $37,131,000 after purchasing an additional 494,354 shares during the period. Jefferies Financial Group Inc. grew its holdings in Synchrony Financial by 701.9% in the 4th quarter. Jefferies Financial Group Inc. now owns 120,996 shares of the financial services provider’s stock valued at $10,095,000 after buying an additional 105,907 shares in the last quarter. Forsta AP Fonden grew its holdings in Synchrony Financial by 7.7% in the 4th quarter. Forsta AP Fonden now owns 228,900 shares of the financial services provider’s stock valued at $19,097,000 after buying an additional 16,400 shares in the last quarter. Finally, PFA Pension Forsikringsaktieselskab bought a new position in Synchrony Financial during the 4th quarter worth $84,494,000. Institutional investors and hedge funds own 96.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. UBS Group lifted their target price on Synchrony Financial from $84.00 to $87.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. BTIG Research downgraded shares of Synchrony Financial from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 22nd. Royal Bank Of Canada lowered their price target on shares of Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating on the stock in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. dropped their price objective on shares of Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Synchrony Financial in a report on Friday, July 17th. Twelve research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $87.89.

Synchrony Financial Price Performance

Synchrony Financial stock opened at $81.04 on Friday. The firm has a market cap of $26.37 billion, a PE ratio of 8.30, a price-to-earnings-growth ratio of 0.76 and a beta of 1.32. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.22. The stock’s fifty day moving average price is $75.37 and its two-hundred day moving average price is $72.73. Synchrony Financial has a one year low of $63.08 and a one year high of $88.77.

Synchrony Financial (NYSE:SYF) last released its earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.14 by $0.45. The firm had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.72 billion. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.During the same period in the prior year, the company posted $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. As a group, research analysts expect that Synchrony Financial will post 9.37 EPS for the current fiscal year.

Synchrony Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Wednesday, August 5th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 1.7%. This is a boost from Synchrony Financial’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Wednesday, August 5th. Synchrony Financial’s payout ratio is presently 13.93%.

Synchrony Financial announced that its board has authorized a stock buyback program on Tuesday, April 21st that permits the company to buyback $0.00 in shares. This buyback authorization permits the financial services provider to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

About Synchrony Financial

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.