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As Ppg Inds (PPG) Share Price Declined, Valley National Advisers Has Lowered Position by $346,293; West Family Investments Cut Its Synchrony Finl (SYF) Stake by $660,000

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West Family Investments Inc decreased its stake in Synchrony Finl (SYF) by 15.34% based on its latest 2018Q1 regulatory filing with the SEC. West Family Investments Inc sold 20,000 shares as the company’s stock declined 4.76% with the market. The institutional investor held 110,362 shares of the consumer services company at the end of 2018Q1, valued at $3.70M, down from 130,362 at the end of the previous reported quarter. West Family Investments Inc who had been investing in Synchrony Finl for a number of months, seems to be less bullish one the $26.18B market cap company. The stock decreased 0.34% or $0.12 during the last trading session, reaching $34.69. About 1.78M shares traded. Synchrony Financial (NYSE:SYF) has risen 30.77% since June 20, 2017 and is uptrending. It has outperformed by 18.20% the S&P500. Some Historical SYF News: 17/05/2018 – SYNCHRONY FINL BOOSTS QTR DIV TO 21C/SHR FROM 15C, EST. 16.5C; 20/04/2018 – SYNCHRONY FINL MARCH ADJ. NET CHARGE-OFFS 5.9%; 03/04/2018 – Synchrony Named Preferred Provider of Consumer Financing for Mahindra Powersports Vehicles and Accessories; 20/04/2018 – SYNCHRONY FINANCIAL 1Q ADJ EPS 83C, EST. 75C; 20/04/2018 – Synchrony Financial 1Q Provision for Loan Losses $1.4B; 18/05/2018 – FITCH SEES TO RATE SYNCHRONY BANK’S SR UNSEC NOTES ‘BBB-‘; 14/03/2018 – Synchrony Hires BlackRock’s Trish Mosconi to Oversee Strategy; 15/03/2018 – Synchrony Financial: At Feb. 28, Net Charge-Offs As Percentage of Avg Loan Receivables 6.7%; 25/04/2018 – Synchrony Financial Closes Below 200-Day Moving Average; 02/05/2018 – Synchrony Teams with Amazon to Introduce New Alexa Skill for Amazon Store Card

Valley National Advisers Inc decreased its stake in Ppg Inds Inc (PPG) by 93.3% based on its latest 2018Q1 regulatory filing with the SEC. Valley National Advisers Inc sold 3,177 shares as the company’s stock declined 12.02% with the market. The institutional investor held 228 shares of the basic industries company at the end of 2018Q1, valued at $25,000, down from 3,405 at the end of the previous reported quarter. Valley National Advisers Inc who had been investing in Ppg Inds Inc for a number of months, seems to be less bullish one the $26.14B market cap company. The stock increased 0.68% or $0.71 during the last trading session, reaching $104.84. About 799,404 shares traded. PPG Industries, Inc. (NYSE:PPG) has declined 3.28% since June 20, 2017 and is downtrending. It has underperformed by 15.85% the S&P500. Some Historical PPG News: 22/05/2018 – Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against PPG Industries, Inc. (PPG) and; 10/05/2018 – PPG: Received a Report Through Its Internal Reporting System Alleging Violations of Acctg Policies and Procedures; 22/05/2018 – Safirstein Metcalf LLP Announces That A Class Action Has Been Filed Against PPG Industries, Inc. – PPG; 19/04/2018 – PPG Industries Seeks to Identify, Drive Additional Cost Savings Opportunities; 19/04/2018 – PPG Industries 1Q Net $353M; 19/04/2018 – PPG DIRECTORS MAINTAINS QTRLY DIV OF 45C/SHR; 10/05/2018 – PPG: Board’s Audit Committee Overseeing an Investigation of the Matters Set Forth in the Report; 10/05/2018 – PPG:FINL STATEMENTS FOR YR ENDED 2017 SHOULD NOT BE RELIED UPON; 19/04/2018 – PPG Industries 1Q Adj EPS $1.39; 30/05/2018 – The Klein Law Firm Reminds Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by PPG

West Family Investments Inc, which manages about $378.17 million US Long portfolio, upped its stake in General Electric Co (NYSE:GE) by 277,952 shares to 279,952 shares, valued at $3.77M in 2018Q1, according to the filing. It also increased its holding in Fidus Invt Corp (NASDAQ:FDUS) by 211,496 shares in the quarter, for a total of 603,824 shares, and has risen its stake in Conocophillips (NYSE:COP).

Another recent and important Synchrony Financial (NYSE:SYF) news was published by Seekingalpha.com which published an article titled: “Synchrony Can Sustain More Credit Card Pain” on May 31, 2018.

Among 30 analysts covering Synchrony Financial (NYSE:SYF), 22 have Buy rating, 1 Sell and 7 Hold. Therefore 73% are positive. Synchrony Financial had 78 analyst reports since July 20, 2015 according to SRatingsIntel. The stock of Synchrony Financial (NYSE:SYF) earned “Buy” rating by Zacks on Tuesday, August 18. The stock has “Market Perform” rating by IBC on Wednesday, April 12. BMO Capital Markets maintained Synchrony Financial (NYSE:SYF) on Monday, April 23 with “Outperform” rating. DA Davidson initiated it with “Buy” rating and $37.0 target in Wednesday, January 13 report. The firm has “Buy” rating given on Tuesday, August 22 by Keefe Bruyette & Woods. On Friday, October 20 the stock rating was maintained by Jefferies with “Buy”. Jefferies maintained Synchrony Financial (NYSE:SYF) rating on Wednesday, June 7. Jefferies has “Buy” rating and $4000 target. Bank of America downgraded the shares of SYF in report on Friday, April 8 to “Neutral” rating. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, May 4 report. The rating was maintained by Stephens on Wednesday, January 3 with “Hold”.

Analysts await Synchrony Financial (NYSE:SYF) to report earnings on July, 20. They expect $0.80 earnings per share, up 31.15% or $0.19 from last year’s $0.61 per share. SYF’s profit will be $603.82 million for 10.84 P/E if the $0.80 EPS becomes a reality. After $0.83 actual earnings per share reported by Synchrony Financial for the previous quarter, Wall Street now forecasts -3.61% negative EPS growth.

More notable recent PPG Industries, Inc. (NYSE:PPG) news were published by: Streetinsider.com which released: “PPG Industries (PPG) Receives NYSE Notice Regarding Delayed Form 10-Q Filing” on May 22, 2018, also Bizjournals.com with their article: “PPG gets 6 months to file quarterly report from NYSE” published on May 23, 2018, Businesswire.com published: “PPG Appoints Amy Ericson as Senior Vice President, Packaging Coatings” on June 19, 2018. More interesting news about PPG Industries, Inc. (NYSE:PPG) were released by: Businesswire.com and their article: “PPG Receives NYSE Notice Regarding Delayed Form 10-Q Filing” published on May 22, 2018 as well as Globenewswire.com‘s news article titled: “SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of Class Actions Involving Molina …” with publication date: June 19, 2018.

Analysts await PPG Industries, Inc. (NYSE:PPG) to report earnings on July, 19. They expect $1.90 earnings per share, up 3.83% or $0.07 from last year’s $1.83 per share. PPG’s profit will be $473.71 million for 13.79 P/E if the $1.90 EPS becomes a reality. After $1.39 actual earnings per share reported by PPG Industries, Inc. for the previous quarter, Wall Street now forecasts 36.69% EPS growth.

Valley National Advisers Inc, which manages about $555.94 million and $268.95 million US Long portfolio, upped its stake in Union Pac Corp (NYSE:UNP) by 2,352 shares to 30,011 shares, valued at $4.03 million in 2018Q1, according to the filing. It also increased its holding in Disney Walt Co (NYSE:DIS) by 11,817 shares in the quarter, for a total of 18,109 shares, and has risen its stake in Hasbro Inc (NASDAQ:HAS).

Among 26 analysts covering PPG Industries (NYSE:PPG), 14 have Buy rating, 0 Sell and 12 Hold. Therefore 54% are positive. PPG Industries had 82 analyst reports since September 6, 2015 according to SRatingsIntel. The company was upgraded on Thursday, June 23 by Longbow. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, October 11. As per Wednesday, October 25, the company rating was maintained by Citigroup. The rating was maintained by Credit Suisse on Friday, April 20 with “Outperform”. On Wednesday, November 25 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of PPG Industries, Inc. (NYSE:PPG) has “Accumulate” rating given on Tuesday, January 5 by Seaport Global Securities. SunTrust maintained the shares of PPG in report on Friday, January 19 with “Hold” rating. Citigroup maintained the stock with “Neutral” rating in Tuesday, April 24 report. The stock of PPG Industries, Inc. (NYSE:PPG) earned “Hold” rating by J.P. Morgan on Friday, January 19. The firm has “Hold” rating given on Monday, January 8 by Susquehanna.

PPG Industries, Inc. (NYSE:PPG) Institutional Positions Chart

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