11,994 Shares in Synchrony Financial (NYSE:SYF) Acquired by Oxford Financial Group LTD. LLC

Oxford Financial Group LTD. LLC acquired a new stake in Synchrony Financial (NYSE:SYF - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,994 shares of the financial services provider's stock, valued at approximately $780,000.

A number of other large investors have also modified their holdings of SYF. HUB Investment Partners LLC purchased a new position in shares of Synchrony Financial in the 4th quarter valued at about $288,000. Harvest Fund Management Co. Ltd grew its holdings in Synchrony Financial by 61.6% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 13,262 shares of the financial services provider's stock valued at $862,000 after purchasing an additional 5,055 shares during the period. Vinva Investment Management Ltd increased its position in shares of Synchrony Financial by 10.8% in the fourth quarter. Vinva Investment Management Ltd now owns 79,243 shares of the financial services provider's stock valued at $5,155,000 after buying an additional 7,703 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd acquired a new position in shares of Synchrony Financial during the 4th quarter worth approximately $227,000. Finally, Xponance Inc. lifted its position in shares of Synchrony Financial by 3.5% during the 4th quarter. Xponance Inc. now owns 58,927 shares of the financial services provider's stock valued at $3,830,000 after buying an additional 1,975 shares in the last quarter. Institutional investors and hedge funds own 96.48% of the company's stock.

Synchrony Financial Trading Up 0.1 %

Synchrony Financial stock traded up $0.03 during mid-day trading on Tuesday, hitting $55.85. The company's stock had a trading volume of 2,521,915 shares, compared to its average volume of 3,646,396. The stock's fifty day moving average is $62.03 and its two-hundred day moving average is $60.47. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $21.71 billion, a PE ratio of 6.54, a price-to-earnings-growth ratio of 0.71 and a beta of 1.67. Synchrony Financial has a 1 year low of $39.67 and a 1 year high of $70.93.

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Synchrony Financial (NYSE:SYF - Get Free Report) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.02. Synchrony Financial had a net margin of 15.36% and a return on equity of 18.30%. On average, analysts anticipate that Synchrony Financial will post 7.67 EPS for the current year.

Synchrony Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 3rd were paid a dividend of $0.25 per share. The ex-dividend date was Monday, February 3rd. This represents a $1.00 annualized dividend and a yield of 1.79%. Synchrony Financial's payout ratio is 11.71%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on SYF. JPMorgan Chase & Co. upgraded shares of Synchrony Financial from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $59.00 to $72.00 in a research report on Monday, December 9th. StockNews.com downgraded shares of Synchrony Financial from a "buy" rating to a "hold" rating in a research report on Monday. The Goldman Sachs Group lowered their price objective on Synchrony Financial from $82.00 to $70.00 and set a "buy" rating on the stock in a report on Tuesday, March 18th. UBS Group increased their target price on Synchrony Financial from $58.00 to $66.00 and gave the company a "neutral" rating in a report on Monday, January 13th. Finally, Bank of America lifted their price target on Synchrony Financial from $82.00 to $85.00 and gave the stock a "buy" rating in a research note on Tuesday, January 28th. Seven equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Synchrony Financial presently has a consensus rating of "Moderate Buy" and an average price target of $68.10.

About Synchrony Financial

Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States. It provides credit products, such as credit cards, commercial credit products, and consumer installment loans. The company also offers private label credit cards, dual co-brand and general purpose credit cards, short- and long-term installment loans, and consumer banking products; and deposit products, including certificates of deposit, individual retirement accounts, money market accounts, and savings accounts, and sweep and affinity deposits, as well as accepts deposits through third-party securities brokerage firms.