Bread Financial Holdings, Inc. (NYSE:BFH) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its holdings in Bread Financial Holdings, Inc. (NYSE:BFH) by 1.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,191 shares of the company’s stock after selling 425 shares during the quarter. Yousif Capital Management LLC’s holdings in Bread Financial were worth $1,355,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. GAMMA Investing LLC raised its stake in Bread Financial by 33.5% during the third quarter. GAMMA Investing LLC now owns 1,035 shares of the company’s stock valued at $49,000 after buying an additional 260 shares in the last quarter. KBC Group NV raised its stake in Bread Financial by 36.1% during the fourth quarter. KBC Group NV now owns 2,103 shares of the company’s stock valued at $128,000 after buying an additional 558 shares in the last quarter. CWM LLC raised its stake in Bread Financial by 43.7% during the third quarter. CWM LLC now owns 2,455 shares of the company’s stock valued at $117,000 after buying an additional 747 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. raised its stake in Bread Financial by 64.6% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,631 shares of the company’s stock valued at $125,000 after buying an additional 1,033 shares in the last quarter. Finally, nVerses Capital LLC raised its stake in Bread Financial by 700.0% during the third quarter. nVerses Capital LLC now owns 3,200 shares of the company’s stock valued at $152,000 after buying an additional 2,800 shares in the last quarter. Institutional investors and hedge funds own 99.52% of the company’s stock.

Wall Street Analysts Forecast Growth

BFH has been the topic of several research reports. Barclays upped their price objective on Bread Financial from $51.00 to $53.00 and gave the company an “underweight” rating in a research note on Friday, January 31st. Compass Point increased their price target on Bread Financial from $75.00 to $87.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. Evercore ISI increased their price objective on Bread Financial from $52.00 to $54.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Keefe, Bruyette & Woods increased their price objective on Bread Financial from $67.00 to $88.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Finally, JMP Securities reissued a “market perform” rating on shares of Bread Financial in a report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Bread Financial has a consensus rating of “Hold” and a consensus price target of $59.69.

Bread Financial Stock Performance

Shares of NYSE BFH opened at $61.31 on Thursday. The stock has a fifty day moving average price of $62.32 and a two-hundred day moving average price of $56.21. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.19 and a current ratio of 1.15. The firm has a market cap of $3.05 billion, a P/E ratio of 11.05, a PEG ratio of 1.34 and a beta of 1.93. Bread Financial Holdings, Inc. has a 1 year low of $32.10 and a 1 year high of $66.71.

Bread Financial (NYSE:BFH) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Bread Financial had a return on equity of 12.41% and a net margin of 5.75%. Research analysts forecast that Bread Financial Holdings, Inc. will post 6.63 EPS for the current fiscal year.

Bread Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, February 14th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.37%. Bread Financial’s dividend payout ratio (DPR) is presently 15.14%.

About Bread Financial

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.