Hantz Financial Services Inc. Sells 1,243 Shares of Bread Financial Holdings, Inc. (NYSE:BFH)

Hantz Financial Services Inc. trimmed its position in shares of Bread Financial Holdings, Inc. (NYSE:BFH) by 5.1% during the 4th quarter, Holdings Channel reports. The firm owned 23,273 shares of the company’s stock after selling 1,243 shares during the period. Hantz Financial Services Inc.’s holdings in Bread Financial were worth $1,421,000 at the end of the most recent reporting period.

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

Bread Financial Stock Down 0.8 %

Shares of BFH opened at $63.23 on Friday. 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 52-week low of $32.10 and a 52-week high of $66.71. The company has a market cap of $3.14 billion, a PE ratio of 10.07 and a beta of 1.94. The business has a fifty day moving average of $61.93 and a 200 day moving average of $55.64.

Bread Financial (NYSE:BFH) last released its quarterly earnings results on Thursday, January 30th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Bread Financial had a net margin of 6.37% and a return on equity of 13.33%. On average, sell-side analysts expect that Bread Financial Holdings, Inc. will post 7.6 EPS for the current year.

Bread Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, February 14th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.84 annualized dividend and a dividend yield of 1.33%. Bread Financial’s payout ratio is 15.14%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on BFH. Royal Bank of Canada lifted their price objective on shares of Bread Financial from $62.00 to $68.00 and gave the company a “sector perform” rating in a research report on Friday. Evercore ISI lifted their price target on shares of Bread Financial from $52.00 to $54.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Compass Point boosted their price target on shares of Bread Financial from $75.00 to $87.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. TD Cowen raised their price objective on Bread Financial from $48.00 to $50.00 and gave the company a “hold” rating in a research report on Monday, October 28th. Finally, Keefe, Bruyette & Woods boosted their target price on Bread Financial from $67.00 to $88.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $59.69.

Bread Financial Profile

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.