Shareholder Meridian Investment Counsel Has Increased At&T (T) Stake; Aviance Capital Partners Lowered Its Synchrony Financial (SYF) Position as Shares Declined

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Aviance Capital Partners Llc decreased its stake in Synchrony Financial (SYF) by 42.32% based on its latest 2018Q3 regulatory filing with the SEC. Aviance Capital Partners Llc sold 12,765 shares as the company’s stock declined 22.44% with the market. The institutional investor held 17,397 shares of the consumer services company at the end of 2018Q3, valued at $541,000, down from 30,162 at the end of the previous reported quarter. Aviance Capital Partners Llc who had been investing in Synchrony Financial for a number of months, seems to be less bullish one the $23.04 billion market cap company. The stock decreased 0.46% or $0.15 during the last trading session, reaching $32.46. About 5.77M shares traded. Synchrony Financial (NYSE:SYF) has declined 33.15% since March 2, 2018 and is downtrending. It has underperformed by 33.15% the S&P500. Some Historical SYF News: 15/05/2018 – OMEGA ADVISORS – CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017; 22/05/2018 – Synchrony Financial Presenting at Conference May 31; 14/03/2018 – Synchrony Hires BlackRock’s Trish Mosconi to Oversee Strategy; 20/03/2018 – Moody’s: About $618M of Synchrony Asset-Backed Securities Rated; 02/05/2018 – Synchrony Teams with Amazon to Introduce New Alexa Skill for Amazon Store Card; 15/03/2018 – Synchrony Financial: At Feb. 28, 30 Days-Plus Past Due Rate Was 4.9%; 17/05/2018 – S&PGR Affirms Synchrony Financial ‘BBB-‘ Rtg; Outlook Stable; 15/05/2018 – OMEGA ADVISORS DISSOLVES STAKE IN MGM RESORTS INTERNATIONAL – SEC FILING; 20/04/2018 – SYNCHRONY FINANCIAL 1Q EPS 83C; 11/04/2018 – Crate and Barrel Partners with Synchrony to Offer Customers New Retail Financing Options

Meridian Investment Counsel Inc increased its stake in At&T Inc (T) by 24.47% based on its latest 2018Q3 regulatory filing with the SEC. Meridian Investment Counsel Inc bought 20,885 shares as the company’s stock declined 7.66% with the market. The institutional investor held 106,243 shares of the telecommunications equipment company at the end of 2018Q3, valued at $3.57 million, up from 85,358 at the end of the previous reported quarter. Meridian Investment Counsel Inc who had been investing in At&T Inc for a number of months, seems to be bullish on the $224.51B market cap company. The stock decreased 0.96% or $0.3 during the last trading session, reaching $30.82. About 30.59M shares traded. AT&T Inc. (NYSE:T) has declined 17.31% since March 2, 2018 and is downtrending. It has underperformed by 17.31% the S&P500. Some Historical T News: 15/05/2018 – AT&T INC – BELIEVES CO WILL ADD POSTPAID PHONE SUBSCRIBERS FOR FULL-YEAR 2018; 12/04/2018 – AT&T economist argues Time Warner merger is good for consumers; 29/03/2018 – Time Warner Attacks U.S. Data Underpinning AT&T Merger Suit; 25/04/2018 – AT&T INC – FIRST-QUARTER REVENUE DECLINES WERE PRIMARILY DRIVEN BY ADOPTION OF A NEW REVENUE ACCOUNTING STANDARD; 07/05/2018 – Denmark refuses all bids at T-bills auction; 11/04/2018 – Economist tells U.S. judge AT&T-Time Warner deal would harm consumers; 20/03/2018 – AT&T-Time Warner Trial Tip-Off Postponed by Snow; 15/05/2018 – AT&T Expects June 12 Ruling on DOJ Suit Over Time Warner Deal; 25/04/2018 – AT&T CFO JOHN STEPHENS SPEAKING ON EARNINGS CONFERENCE CALL; 11/05/2018 – AT&T Chief Says Hiring Michael Cohen Was a `Big Mistake’

Aviance Capital Partners Llc, which manages about $417.57M and $414.22M US Long portfolio, upped its stake in Apollo Global Management (NYSE:APO) by 10,826 shares to 40,353 shares, valued at $1.39 million in 2018Q3, according to the filing. It also increased its holding in Teck Resources Ltd. (NYSE:TCK) by 19,108 shares in the quarter, for a total of 60,709 shares, and has risen its stake in Molson Coors Brewing Co. (NYSE:TAP).

More recent Synchrony Financial (NYSE:SYF) news were published by: Fool.com which released: “Get Paid While You Wait: 3 Top Dividend Stocks in Banking – Motley Fool” on February 21, 2019. Also Globenewswire.com published the news titled: “Analysis: Positioning to Benefit within Synchrony Financial, KKR & Co., Life Storage, Unum Group, Codexis, and Finisar — Research Highlights Growth, Revenue, and Consolidated Results – GlobeNewswire” on March 01, 2019. Businesswire.com‘s news article titled: “Robbins Arroyo LLP: Synchrony Financial (SYF) Misled Shareholders According to Class Action – Business Wire” with publication date: February 05, 2019 was also an interesting one.

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