3,496 Shares in Bread Financial Holdings, Inc. (NYSE:BFH) Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. bought a new position in shares of Bread Financial Holdings, Inc. (NYSE:BFHFree Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 3,496 shares of the company’s stock, valued at approximately $213,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings in Bread Financial by 33.5% during the third quarter. GAMMA Investing LLC now owns 1,035 shares of the company’s stock worth $49,000 after purchasing an additional 260 shares in the last quarter. Pallas Capital Advisors LLC grew its position in Bread Financial by 6.2% in the third quarter. Pallas Capital Advisors LLC now owns 4,778 shares of the company’s stock worth $239,000 after buying an additional 278 shares during the last quarter. Natixis Advisors LLC grew its position in Bread Financial by 2.8% in the third quarter. Natixis Advisors LLC now owns 13,421 shares of the company’s stock worth $639,000 after buying an additional 369 shares during the last quarter. Point72 DIFC Ltd grew its position in Bread Financial by 30.0% in the second quarter. Point72 DIFC Ltd now owns 1,721 shares of the company’s stock worth $77,000 after buying an additional 397 shares during the last quarter. Finally, CWM LLC grew its position in Bread Financial by 43.7% in the third quarter. CWM LLC now owns 2,455 shares of the company’s stock worth $117,000 after buying an additional 747 shares during the last quarter. Institutional investors own 99.52% of the company’s stock.

Bread Financial Trading Down 0.9 %

Bread Financial stock opened at $63.89 on Tuesday. The company’s fifty day simple moving average is $61.33 and its 200-day simple moving average is $55.20. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.33. Bread Financial Holdings, Inc. has a 12 month low of $32.10 and a 12 month high of $66.71. The stock has a market cap of $3.18 billion, a P/E ratio of 10.17 and a beta of 1.94.

Analyst Ratings Changes

BFH has been the topic of several recent research reports. Barclays decreased their price target on shares of Bread Financial from $35.00 to $34.00 and set an “underweight” rating on the stock in a research report on Friday, October 25th. Keefe, Bruyette & Woods lifted their price objective on shares of Bread Financial from $67.00 to $88.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. The Goldman Sachs Group lifted their price objective on shares of Bread Financial from $52.00 to $58.00 and gave the stock a “sell” rating in a research report on Tuesday, November 19th. TD Cowen lifted their price objective on shares of Bread Financial from $48.00 to $50.00 and gave the stock a “hold” rating in a research report on Monday, October 28th. Finally, Evercore ISI lifted their price objective on shares of Bread Financial from $52.00 to $54.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Bread Financial currently has a consensus rating of “Hold” and a consensus target price of $57.46.

Check Out Our Latest Report on BFH

Bread Financial Company Profile

(Free Report)

Bread Financial Holdings, Inc provides tech-forward payment and lending solutions to customers and consumer-based industries in North America. It offers credit card and other loans financing services, including risk management solutions, account origination, and funding services for private label and co-brand credit card programs, as well as through Bread partnerships; and Comenity-branded general purpose cash-back credit.

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Institutional Ownership by Quarter for Bread Financial (NYSE:BFH)

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