Synchrony Financial (SYF) has experienced significant stock activity, with a plethora of investment firms purchasing its shares. Entities such as Cwm LLC, QRG Capital Management Inc., Simplicity Wealth LLC, and Park Avenue Securities LLC increased their SYF holdings, while EverSource Wealth Advisors LLC and Ameritas Investment Partners Inc. trimmed their positions. SYF's stocks were outperforming competitors on multiple trading days. A bullish outlook is indicated by the company's upgrade to a 'Buy' at Bank of America, and a strong financial condition, as suggested by monthly fiscal health insights. The company maintains a consistent dividend of $0.25. SYF recently concluded its acquisition of Ally Lending and partnered with Atlanticus for a preferred second look financing program & BRP for retail financing options in the USA. Both Q1 and Q2 earnings of 2024 beat estimates, despite a low net interest margin and rising expenses. However, SYF's one-year earnings growth trails the 49% YoY shareholder returns. There seems to be mixed reviews following the Q2 reports among analysts. Notably, SYF continues to make social impact, championing responsible access to credit.
Synchrony Financial SYF News Analytics from Tue, 24 Oct 2023 07:00:00 GMT to Sun, 11 Aug 2024 12:21:11 GMT -
Rating 8
- Innovation 4
- Information 7
- Rumor -2
