Bread Financial (NYSE:BFH) Shares Down 4.4% - Should You Sell?

Bread Financial Holdings, Inc. (NYSE:BFH - Get Free Report) traded down 4.4% on Tuesday . The company traded as low as $60.00 and last traded at $60.34. 626,446 shares were traded during mid-day trading, an increase of 0% from the average session volume of 626,412 shares. The stock had previously closed at $63.13.

Analyst Ratings Changes

Several brokerages have recently issued reports on BFH. Evercore ISI raised their price objective on shares of Bread Financial from $52.00 to $54.00 and gave the company an "in-line" rating in a research note on Wednesday, October 30th. Morgan Stanley raised shares of Bread Financial from an "underweight" rating to an "overweight" rating and lifted their price objective for the stock from $35.00 to $76.00 in a research report on Thursday, December 19th. Keefe, Bruyette & Woods raised their price target on Bread Financial from $67.00 to $88.00 and gave the company an "outperform" rating in a research note on Monday, December 9th. Compass Point upped their price objective on Bread Financial from $75.00 to $87.00 and gave the stock a "buy" rating in a research report on Tuesday, January 21st. Finally, Barclays raised their target price on Bread Financial from $51.00 to $53.00 and gave the stock an "underweight" rating in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $59.69.

Bread Financial Trading Down 1.3 %

The company has a fifty day moving average of $62.29 and a two-hundred day moving average of $56.02. The company has a quick ratio of 1.19, a current ratio of 1.15 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of 11.16, a P/E/G ratio of 1.34 and a beta of 1.93.

Bread Financial (NYSE:BFH - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. Bread Financial had a net margin of 5.75% and a return on equity of 12.41%. On average, research analysts expect that Bread Financial Holdings, Inc. will post 6.63 EPS for the current year.

Bread Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, February 14th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.84 annualized dividend and a dividend yield of 1.36%. Bread Financial's dividend payout ratio is currently 15.14%.

Institutional Investors Weigh In On Bread Financial

Hedge funds and other institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC boosted its holdings in shares of Bread Financial by 33.5% during the third quarter. GAMMA Investing LLC now owns 1,035 shares of the company's stock worth $49,000 after purchasing an additional 260 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Bread Financial by 207.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,394 shares of the company's stock valued at $86,000 after purchasing an additional 941 shares in the last quarter. KBC Group NV increased its position in Bread Financial by 36.1% during the 4th quarter. KBC Group NV now owns 2,103 shares of the company's stock worth $128,000 after purchasing an additional 558 shares in the last quarter. CWM LLC grew its stake in Bread Financial by 43.7% during the third quarter. CWM LLC now owns 2,455 shares of the company's stock worth $117,000 after buying an additional 747 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. increased its position in shares of Bread Financial by 64.6% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,631 shares of the company's stock worth $125,000 after acquiring an additional 1,033 shares in the last quarter. 99.52% of the stock is currently owned by institutional investors and hedge funds.

Bread Financial Company Profile

Bread Financial Holdings, Inc provides tech-forward payment and lending solutions to customers and consumer-based industries in North America. It offers credit card and other loans financing services, including risk management solutions, account origination, and funding services for private label and co-brand credit card programs, as well as through Bread partnerships; and Comenity-branded general purpose cash-back credit.