King Street Capital Management Lp increased its stake in Synchrony Finl (SYF) by 159.26% based on its latest 2018Q4 regulatory filing with the SEC. King Street Capital Management Lp bought 4.30M shares as the company’s stock rose 22.86% with the market. The hedge fund held 7.00 million shares of the consumer services company at the end of 2018Q4, valued at $164.22M, up from 2.70 million at the end of the previous reported quarter. King Street Capital Management Lp who had been investing in Synchrony Finl for a number of months, seems to be bullish on the $24.08B market cap company. The stock increased 0.47% or $0.17 during the last trading session, reaching $34.94. About 1.60 million shares traded. Synchrony Financial (NYSE:SYF) has declined 9.46% since May 15, 2018 and is downtrending. It has underperformed by 13.83% the S&P500. Some Historical SYF News: 14/03/2018 – Synchrony Appoints Trish Mosconi Executive Vice Pres, Business Strategy and Development; 20/03/2018 – Moody’s: About $618M of Synchrony Asset-Backed Securities Rated; 12/03/2018 – Redefining Success in IVF: SYNCHRONY by Igenomix Brings in a New Era, a New Hope for Infertile Couples; 16/05/2018 – Synchrony Financial CEO on Using Big Data to Combat Amazon (Video); 10/05/2018 – SYNCHRONY TO ACQUIRE LOOP COMMERCE, NO TERMS; 07/03/2018 – SYNCHRONY IS SAID REJECTED A$8B BIDDER FOR LATITUDE: AUSTRALIAN; 02/05/2018 – Synchrony Teams with Amazon to Introduce New Alexa Skill for Amazon Store Card; 10/05/2018 – SYNCHRONY FINANCIAL – DEAL IS NOT EXPECTED TO HAVE MATERIAL IMPACT ON SYNCHRONY’S FINANCIAL RESULTS; 15/05/2018 – Synchrony: At April 30, 30 Days-Plus Past Due Percentage Was 4.3%; 16/05/2018 – Synchrony Financial CEO Says Tax Plan ‘Good for Us’ (Video)
Richard Bernstein Advisors Llc decreased its stake in Cisco Sys Inc (CSCO) by 21.94% based on its latest 2018Q4 regulatory filing with the SEC. Richard Bernstein Advisors Llc sold 75,695 shares as the company’s stock rose 8.18% with the market. The institutional investor held 269,279 shares of the technology company at the end of 2018Q4, valued at $11.67 million, down from 344,974 at the end of the previous reported quarter. Richard Bernstein Advisors Llc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $231.24 billion market cap company. The stock increased 0.98% or $0.51 during the last trading session, reaching $52.53. About 11.33 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 16.80% since May 15, 2018 and is uptrending. It has outperformed by 12.43% the S&P500. Some Historical CSCO News: 01/05/2018 – Cisco Presenting at Cowen Conference May 30; 04/04/2018 – FACTBOX-U.S. winners and losers from trade tit-for-tat; 21/03/2018 – Cisco (AppDynamics) Recognized as a Leader in Gartner’s Magic Quadrant for the Sixth Consecutive Year and Placed Highest on; 12/04/2018 – Cisco and ISARA Collaborate on a Proof of Concept of the World’s First Digital Certificate Compatible with Both Classic and; 23/05/2018 – Cisco Executive: Companies, Regulators Not Ready for EU Data Rules — Barron’s Blog; 01/05/2018 – Permira’s Deal for Cisco’s Video Arm Is Said to Cost $1 Billion; 15/05/2018 – ♫ Reuters Insider – U.S. Day Ahead: Macy’s goes for two quarters of sales growth in a row; 20/03/2018 – Checkmarx Names Bernd Leger Chief Marketing Officer; 29/03/2018 – SiriusDecisions Recognizes Cisco, Huron Consulting Group, Illumina, Imprivata and Vocera as Winners of the 2018 Return on; 17/05/2018 – Tech Down After Cisco Outlook — Tech Roundup
More notable recent Synchrony Financial (NYSE:SYF) news were published by: Benzinga.com which released: “Earnings Scheduled For April 18, 2019 – Benzinga” on April 18, 2019, also Seekingalpha.com with their article: “Synchrony Financial (SYF) CEO Margaret Keane on Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” published on April 18, 2019, Streetinsider.com published: “Synchrony Financial (SYF) Approves $4B Share Repurchase Program, to Increase Quarterly Dividend to $0.22/Share – StreetInsider.com” on May 09, 2019. More interesting news about Synchrony Financial (NYSE:SYF) were released by: Seekingalpha.com and their article: “Synchrony Q1 EPS beats, loan loss provision improves – Seeking Alpha” published on April 18, 2019 as well as Prnewswire.com‘s news article titled: “Synchrony Promotes Brian Doubles To President – PRNewswire” with publication date: May 02, 2019.
Investors sentiment increased to 0.91 in 2018 Q4. Its up 0.06, from 0.85 in 2018Q3. It improved, as 68 investors sold CSCO shares while 701 reduced holdings. 140 funds opened positions while 557 raised stakes. 3.17 billion shares or 0.63% more from 3.15 billion shares in 2018Q3 were reported. Utd Asset Strategies Inc stated it has 0.51% in Cisco Systems, Inc. (NASDAQ:CSCO). Lowe Brockenbrough holds 2.37% or 334,798 shares. Virginia-based Wilbanks Smith Thomas Asset Lc has invested 0.14% in Cisco Systems, Inc. (NASDAQ:CSCO). Pzena Investment Mngmt Llc accumulated 967,707 shares. Pictet Asset Management Limited accumulated 4.95M shares. The Texas-based Usca Ria Ltd Co has invested 1.11% in Cisco Systems, Inc. (NASDAQ:CSCO). 97,288 were reported by L & S Advsrs. Amer Registered Investment Advisor holds 0.91% in Cisco Systems, Inc. (NASDAQ:CSCO) or 33,731 shares. Cetera Advisor Netwr Ltd Llc accumulated 193,151 shares. Suntrust Banks Inc stated it has 0.5% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Guardian Cap Advsr LP holds 14,475 shares. Mraz Amerine And Inc has 0.23% invested in Cisco Systems, Inc. (NASDAQ:CSCO). 1.04M are held by Oppenheimer Asset Mngmt. Whittier Co Of Nevada owns 284,190 shares or 1.02% of their US portfolio. Rmsincerbeaux Ltd Com accumulated 42,100 shares.
Richard Bernstein Advisors Llc, which manages about $1.18B and $2.72 billion US Long portfolio, upped its stake in Graniteshares Gold Tr by 12,957 shares to 231,571 shares, valued at $29.61M in 2018Q4, according to the filing. It also increased its holding in Vanguard Bd Index Fd Inc (BSV) by 416,039 shares in the quarter, for a total of 445,204 shares, and has risen its stake in Lyondellbasell Industries N (NYSE:LYB).
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Published at Wed, 15 May 2019 16:44:15 +0000