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New York State Teachers Retirement System Lowers Stake in Synchrony Financial $SYF
The New York State Teachers Retirement System reduced its stake in Synchrony Financial (NYSE:SYF) by 8.5% in the fourth quarter, selling 33,720 shares. Despite this reduction, other institutional investors have increased their holdings, with 96.48% of the stock currently owned by hedge funds and institutions. Synchrony Financial recently issued a quarterly dividend of $0.30 per share and announced a share repurchase program.