Traders Actions to Focus: Merck & Co., Inc. (MRK), Synchrony Financial (SYF)

Lester Mason
January 23, 2018

Synchrony Financial had 68 analyst reports since July 20, 2015 according to SRatingsIntel.

Institutional investors now hold around $26.68 billion or 93.8% in SYF stock. Synchrony Financial comprises about 1.3% of Palo Capital Inc.'s portfolio, making the stock its 29th biggest holding. Palo Capital Inc.'s holdings in Synchrony Financial were worth $2,944,000 at the end of the most recent quarter. It also reduced its holding in The Blackstone Group Lp (NYSE:BX) by 27,959 shares in the quarter, leaving it with 846,110 shares, and cut its stake in Kansas City Southern Inds. Berkshire Hathaway Inc. acquired a new position in Synchrony Financial in the second quarter worth approximately $520,747,000. Steward Partners Investment Advisory LLC raised its holdings in shares of Synchrony Financial by 28.3% in the fourth quarter. Janus Henderson Group PLC increased its holdings in Synchrony Financial by 1,820.5% in the second quarter.

Several other large investors have also recently bought and sold shares of SYF. Great West Life Assurance Co. Northwestern Mutual Wealth Management Co. now owns 4,901 shares of the financial services provider's stock worth $168,000 after buying an additional 1,077 shares during the period. Private Advisor Group LLC now owns 17,300 shares of the financial services provider's stock valued at $504,000 after acquiring an additional 8,033 shares during the period. Finally, Stifel Financial Corp boosted its position in Synchrony Financial by 531.9% during the third quarter. Sun Life Financial INC now owns 5,643 shares of the financial services provider's stock valued at $168,000 after purchasing an additional 5,629 shares during the period. Hedge funds and other institutional investors own 85.61% of the company's stock.

Synchrony Financial (SYF) will report its next earnings on Jan 19 BMO. When we look at the Volatility of the company, Week Volatility is at 2.14% whereas Month Volatility is at 1.35%. According to these analysts, the Low Revenue Estimate for Synchrony Financial is 3.87 Billion and the High Revenue Estimate is 4 Billion. The firm has a market cap of $30,710.00, a P/E ratio of 15.90, a price-to-earnings-growth ratio of 1.47 and a beta of 1.06.

Synchrony Financial (NYSE:SYF) last released its earnings results on Friday, January 19th. They expect $1.07 EPS, up 11.46% or $0.11 from last year's $0.96 per share. According to today's trading volume Synchrony Financial is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.03. The stock had a trading volume of 15,163,719 shares, compared to its average volume of 6,560,000. The shares were acquired at an average cost of $30.85 per share, for a total transaction of $61,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The stock of Synchrony Financial (NYSE:SYF) earned "Buy" rating by Sterne Agee CRT on Monday, November 23.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The disclosure for this sale can be found here. Insiders have sold 7,961 shares of company stock valued at $291,008 over the last quarter. Following the completion of the acquisition, the director now directly owns 55,389 shares in the company, valued at $1,539,814.20.

Among 8 analysts covering Bristow Group (NYSE:BRS), 1 have Buy rating, 0 Sell and 7 Hold. Bank of America downgraded it to "Hold" rating and $33.0 target in Friday, October 6 report. (MRK) analysts on average have given a price target of $65.23 on MRK stock. JMP Securities increased their price target on Synchrony Financial from $35.00 to $37.00 and gave the company a "market outperform" rating in a report on Monday, October 23rd. Ten analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock.

Analyst's ratings play a very important role in outlining a stock's performance.

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The stock of Synchrony Financial (NYSE:SYF) earned "Perform" rating by Oppenheimer on Tuesday, April 11.

The company's ATR (Average True Range) is 0.96. The company had Year Ago Sales of 3.63 Billion.

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