Synchrony Financial (SYF) Shareholder Klingenstein Fields & Co LLC Decreased Its Stake by $22.84 Million as Shares Declined

April 16, 2018 - By Lena Young

Synchrony Financial (NYSE:SYF) Corporate Logo

According to 2017Q4 SEC form the Klingenstein Fields & Co Llc reduced its holdings in Synchrony Financial (SYF) by 82.09%. By selling 600,927 shares Klingenstein Fields & Co Llc made the stock sank with 15.73%. At the end of 2017Q4, the institutional investor held 131,134 shares of the consumer services company, valued at $5.06 million, down from 732,061 at the end of the previous reported quarter. For a total of 414,976 shares it increased its holding in Oracle Corp (NYSE:ORCL) by 223,385 shares in the quarter, and has risen its stake in .

Analysts await Synchrony Financial (NYSE:SYF) to report earnings on April, 27. They expect $0.79 earnings per share, up 29.51 % or $0.18 from last year’s $0.61 per share. SYF’s profit will be $600.63M for 10.89 P/E if the $0.79 EPS becomes a reality. After $0.70 actual earnings per share reported by Synchrony Financial for the previous quarter, Wall Street now forecasts 12.86 % EPS growth.

Synchrony Financial (NYSE:SYF) Ratings Coverage

Total analysts of 15 have positions in Synchrony Financial (NYSE:SYF) as follows: 10 rated it a “Buy”, 1 with “Sell” and 4 with “Hold”. The positive are 67%. Since October 20, 2017 according to StockzIntelligence Inc Synchrony Financial has 21 analyst reports. On Wednesday, January 10 the stock of Synchrony Financial (NYSE:SYF) has “Buy” rating given by Jefferies. The stock rating was maintained by Wedbush with “Hold” on Monday, December 11. On Thursday, December 28 the stock of Synchrony Financial (NYSE:SYF) has “Buy” rating given by Susquehanna. On Wednesday, January 3 Stephens maintained the shares of SYF in report with “Hold” rating. On Tuesday, January 9 the stock of Synchrony Financial (NYSE:SYF) earned “Outperform” rating by Wells Fargo. On Monday, October 23 the firm has “Equal-Weight” rating given by Morgan Stanley. On Monday, January 22 the firm has “Buy” rating by BTIG Research given. On Friday, January 19 the stock has “Buy” rating by Susquehanna. On Monday, October 23 the firm earned “Market Perform” rating by Wells Fargo. On Thursday, December 21 Keefe Bruyette & Woods maintained the shares of SYF in report with “Buy” rating.

Synchrony Financial (NYSE:SYF) Analyst Ratings Chart

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