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Caprock Group LLC Raises Stock Position in Synchrony Financial $SYF
Caprock Group LLC increased its stake in Synchrony Financial by 17.7% during the fourth quarter, bringing its total ownership to 93,916 shares valued at $7,835,000. Several other institutional investors also adjusted their positions in SYF, collectively owning 96.48% of the company’s stock. Synchrony Financial recently posted strong Q1 earnings, beating analyst estimates, and announced a dividend increase and share buyback program, contributing to a “Moderate Buy” consensus rating among analysts.