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Triple Frond Partners Has Trimmed Its Liberty Global Plc (LBTYK) Position as Valuation Declined; Mondrian Investment Partners LTD Has Lowered Its Synchrony Fin (SYF) Stake by $10.42 Million

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Mondrian Investment Partners Ltd decreased its stake in Synchrony Fin (SYF) by 14.71% based on its latest 2017Q4 regulatory filing with the SEC. Mondrian Investment Partners Ltd sold 274,249 shares as the company’s stock declined 15.73% with the market. The institutional investor held 1.59 million shares of the consumer services company at the end of 2017Q4, valued at $61.38M, down from 1.86 million at the end of the previous reported quarter. Mondrian Investment Partners Ltd who had been investing in Synchrony Fin for a number of months, seems to be less bullish one the $26.35 billion market cap company. The stock increased 0.91% or $0.315 during the last trading session, reaching $34.905. About 364,797 shares traded. Synchrony Financial (NYSE:SYF) has declined 0.21% since May 17, 2017 and is downtrending. It has underperformed by 11.76% the S&P500.

Triple Frond Partners Llc decreased its stake in Liberty Global Plc (LBTYK) by 14.94% based on its latest 2017Q4 regulatory filing with the SEC. Triple Frond Partners Llc sold 498,000 shares as the company’s stock declined 7.44% with the market. The institutional investor held 2.84M shares of the television services company at the end of 2017Q4, valued at $95.95M, down from 3.33M at the end of the previous reported quarter. Triple Frond Partners Llc who had been investing in Liberty Global Plc for a number of months, seems to be less bullish one the $22.91 billion market cap company. The stock decreased 0.97% or $0.28 during the last trading session, reaching $28.49. About 674,820 shares traded. Liberty Global plc (NASDAQ:LBTYK) has declined 10.09% since May 17, 2017 and is downtrending. It has underperformed by 21.64% the S&P500.

Analysts await Synchrony Financial (NYSE:SYF) to report earnings on July, 20. They expect $0.80 EPS, up 31.15% or $0.19 from last year’s $0.61 per share. SYF’s profit will be $603.81M for 10.91 P/E if the $0.80 EPS becomes a reality. After $0.83 actual EPS reported by Synchrony Financial for the previous quarter, Wall Street now forecasts -3.61% negative EPS growth.

Mondrian Investment Partners Ltd, which manages about $70.36 billion and $4.11B US Long portfolio, upped its stake in Daktronics (NASDAQ:DAKT) by 38,503 shares to 327,578 shares, valued at $2.99M in 2017Q4, according to the filing. It also increased its holding in Dr Reddys Adr (NYSE:RDY) by 355,686 shares in the quarter, for a total of 356,786 shares, and has risen its stake in Visa (NYSE:V).

Among 30 analysts covering Synchrony Financial (NYSE:SYF), 22 have Buy rating, 1 Sell and 7 Hold. Therefore 73% are positive. Synchrony Financial had 77 analyst reports since July 20, 2015 according to SRatingsIntel. Citigroup maintained the shares of SYF in report on Wednesday, June 15 with “Buy” rating. Morgan Stanley maintained Synchrony Financial (NYSE:SYF) rating on Monday, October 23. Morgan Stanley has “Equal-Weight” rating and $35 target. Compass Point initiated the stock with “Buy” rating in Friday, November 4 report. As per Wednesday, January 13, the company rating was upgraded by Goldman Sachs. Deutsche Bank maintained Synchrony Financial (NYSE:SYF) on Wednesday, May 4 with “Buy” rating. On Wednesday, March 29 the stock rating was initiated by Wells Fargo with “Outperform”. The firm has “Buy” rating given on Wednesday, August 23 by BMO Capital Markets. BMO Capital Markets maintained it with “Buy” rating and $5100 target in Friday, April 20 report. Stephens maintained the shares of SYF in report on Wednesday, January 3 with “Hold” rating. Morgan Stanley maintained the shares of SYF in report on Tuesday, July 25 with “Overweight” rating.

More notable recent Synchrony Financial (NYSE:SYF) news were published by: Seekingalpha.com which released: “Synchrony Financial To Acquire Loop Commerce For Gifting Tech” on May 14, 2018, also Investorplace.com with their article: “Warren Buffett’s Best Dividend Stocks” published on May 16, 2018, Seekingalpha.com published: “Avenir Global Fund Q1 ’18 Commentary: Long Synchrony” on May 01, 2018. More interesting news about Synchrony Financial (NYSE:SYF) were released by: Streetinsider.com and their article: “Omega’s 13F Shows Increase in Ocwen (OCN), Synchrony (SYF), United (UAL), Exits Zynga (ZNGA) (More…)” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Synchrony: Buy On The Dip” with publication date: May 15, 2018.

Synchrony Financial (NYSE:SYF) Ratings Chart

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