Vanguard Group Inc. Acquires 36,057 Shares of Bread Financial Holdings, Inc. (NYSE:BFH)

Vanguard Group Inc. boosted its holdings in shares of Bread Financial Holdings, Inc. ( NYSE:BFH – Free Report ) by 0.

6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,848,495 shares of the company’s stock after buying an additional 36,057 shares during the quarter. Vanguard Group Inc.



owned about 11.76% of Bread Financial worth $357,109,000 at the end of the most recent quarter. Other institutional investors also recently bought and sold shares of the company.

CIBC Asset Management Inc boosted its holdings in shares of Bread Financial by 4.4% during the 4th quarter. CIBC Asset Management Inc now owns 4,872 shares of the company’s stock worth $297,000 after buying an additional 206 shares during the period.

Savant Capital LLC boosted its holdings in Bread Financial by 5.8% during the fourth quarter. Savant Capital LLC now owns 5,329 shares of the company’s stock valued at $325,000 after acquiring an additional 290 shares during the period.

Highland Capital Management LLC grew its position in shares of Bread Financial by 6.5% in the fourth quarter. Highland Capital Management LLC now owns 5,734 shares of the company’s stock valued at $350,000 after purchasing an additional 350 shares during the last quarter.

Picton Mahoney Asset Management increased its stake in shares of Bread Financial by 2,083.3% in the fourth quarter. Picton Mahoney Asset Management now owns 524 shares of the company’s stock worth $32,000 after purchasing an additional 500 shares during the period.

Finally, KBC Group NV lifted its position in shares of Bread Financial by 36.1% during the 4th quarter. KBC Group NV now owns 2,103 shares of the company’s stock worth $128,000 after purchasing an additional 558 shares during the last quarter.

99.52% of the stock is currently owned by institutional investors. Analyst Ratings Changes BFH has been the topic of a number of research reports.

Keefe, Bruyette & Woods boosted their target price 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 dropped their price objective on shares of Bread Financial from $68.00 to $58.00 and set a “sell” rating on the stock in a report on Tuesday, March 18th.

Barclays increased their target price on shares of Bread Financial from $51.00 to $53.00 and gave the company an “underweight” rating in a research note on Friday, January 31st.

Royal Bank of Canada boosted their price target on Bread Financial from $62.00 to $68.00 and gave the company a “sector perform” rating in a research note on Friday, January 31st.

Finally, JMP Securities reiterated a “market perform” rating on shares of Bread Financial in a research report on Monday, February 3rd. Two research 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. Based on data from MarketBeat.

com, the stock presently has an average rating of “Hold” and an average target price of $59.69. Bread Financial Trading Down 13.

1 % Shares of NYSE BFH opened at $44.82 on Friday. Bread Financial Holdings, Inc.

has a 1-year low of $32.10 and a 1-year high of $66.71.

The company has a 50-day moving average of $55.25 and a two-hundred day moving average of $56.13.

The company has a market cap of $2.20 billion, a PE ratio of 8.08, a P/E/G ratio of 1.

25 and a beta of 1.96. The company has a current ratio of 1.

15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.33.

Bread Financial ( NYSE:BFH – Get Free Report ) last released its earnings results on Thursday, January 30th. The company reported $0.41 earnings per share for the quarter, topping 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%. As a group, equities analysts expect that Bread Financial Holdings, Inc.

will post 6.45 earnings per share for the current fiscal year. Bread Financial Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Friday, March 21st.

Stockholders of record on Friday, February 14th were given a $0.21 dividend. The ex-dividend date was Friday, February 14th.

This represents a $0.84 annualized dividend and a dividend yield of 1.87%.

Bread Financial’s dividend payout ratio is currently 15.14%. Bread Financial declared that its Board of Directors has authorized a share repurchase program on Wednesday, March 5th that permits the company to buyback $150.

00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 6% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Bread Financial 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. Read More Receive News & Ratings for Bread Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bread Financial and related companies with MarketBeat.

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