Synchrony Financial (SYF) : Advisory Services Network scooped up 1,487 additional shares in Synchrony Financial during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 8,796 shares of Synchrony Financial which is valued at $234,589.Synchrony Financial makes up approximately 0.04% of Advisory Services Network’s portfolio.
Other Hedge Funds, Including , Exxonmobil Investment Management Inc Tx reduced its stake in SYF by selling 13,576 shares or 6.29% in the most recent quarter. The Hedge Fund company now holds 202,284 shares of SYF which is valued at $5,394,914. Synchrony Financial makes up approx 0.11% of Exxonmobil Investment Management Inc Tx’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in SYF in the latest quarter, The investment management firm added 209,416 additional shares and now holds a total of 369,549 shares of Synchrony Financial which is valued at $10,325,199. Synchrony Financial makes up approx 0.04% of Bnp Paribas Arbitrage Sa’s portfolio. Telemus Capital added SYF to its portfolio by purchasing 91,630 company shares during the most recent quarter which is valued at $2,560,142. Synchrony Financial makes up approx 0.29% of Telemus Capital’s portfolio. Ct Mason sold out all of its stake in SYF during the most recent quarter. The investment firm sold 17,587 shares of SYF which is valued $491,381.Harbour Capital Advisors boosted its stake in SYF in the latest quarter, The investment management firm added 12,650 additional shares and now holds a total of 26,675 shares of Synchrony Financial which is valued at $745,300. Synchrony Financial makes up approx 0.40% of Harbour Capital Advisors’s portfolio.
Synchrony Financial closed down -0.32 points or -1.19% at $26.67 with 1,10,58,248 shares getting traded on Friday. Post opening the session at $27.1, the shares hit an intraday low of $26.49 and an intraday high of $27.42 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Synchrony Financial reported $0.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 22, 2016. Analyst had a consensus of $0.54.Analysts expectations of $ 2622.20.During the same quarter in the previous year, the company posted $0.65 EPS.
Synchrony Financial (Synchrony) is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of retailers local merchants manufacturers buying groups industry associations and healthcare service providers. The Company’s revenue activities are managed through three sales platforms: Retail Card Payment Solutions and CareCredit. The Company offers two types of credit cards: private label credit cards and Dual Cards. It offers its credit products through its wholly owned subsidiary Synchrony Bank (the Bank). Through the Bank it offers a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC) including certificates of deposit individual retirement accounts (IRAs) money market accounts and savings accounts under its Optimizer+Plus brand.