Capstone Investment Advisors LLC Makes New $528,000 Investment in SLM Corporation $SLM

Capstone Investment Advisors LLC bought a new stake in SLM Corporation (NASDAQ:SLM) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,360 shares of the credit services provider’s stock, valued at approximately $528,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in SLM during the second quarter valued at $455,576,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in SLM during the 2nd quarter worth about $169,136,000. Azora Capital LP acquired a new stake in SLM during the 2nd quarter worth about $97,917,000. Bank of New York Mellon Corp purchased a new position in SLM during the 2nd quarter valued at about $39,251,000. Finally, Bank of America Corp DE purchased a new position in SLM during the 2nd quarter valued at about $37,268,000. Institutional investors and hedge funds own 98.94% of the company’s stock.

SLM Stock Down 1.3%

SLM stock opened at $26.41 on Friday. 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 1 year low of $17.77 and a 1 year high of $32.02. The company has a fifty day simple moving average of $25.87 and a 200 day simple moving average of $23.26. The firm has a market cap of $4.96 billion, a PE ratio of 7.38, a PEG ratio of 2.33 and a beta of 0.96.

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

SLM Announces Dividend

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

Analyst Ratings Changes

A number of research firms have recently issued reports on SLM. Royal Bank Of Canada increased their price target on shares of SLM from $28.00 to $29.00 and gave the stock an “outperform” rating in a research report on Friday, July 10th. Zacks Research lowered shares of SLM from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Weiss Ratings upgraded shares of SLM from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 18th. Morgan Stanley lifted their target price on shares of SLM from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Monday, July 20th. Finally, Wall Street Zen cut shares of SLM from a “hold” rating to a “sell” rating in a report on Saturday, July 25th. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, SLM presently has a consensus rating of “Hold” and an average target price of $29.80.

About SLM

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.