Forest Hill Capital Has Trimmed Synovus Finl (SNV) Position By $1.10 Million; Delphi Management Upped Liberty Global Plc Cl C (LBTYK) Stake By $338,148

December 7, 2017 - By Michael Collier

Forest Hill Capital Llc decreased Synovus Finl Corp (SNV) stake by 7.5% reported in 2017Q2 SEC filing. Forest Hill Capital Llc sold 25,000 shares as Synovus Finl Corp (SNV)’s stock declined 2.76%. The Forest Hill Capital Llc holds 308,112 shares with $13.63 million value, down from 333,112 last quarter. Synovus Finl Corp now has $5.84 billion valuation. The stock decreased 0.67% or $0.33 during the last trading session, reaching $48.89. About 629,364 shares traded. Synovus Financial Corp. (NYSE:SNV) has risen 33.10% since December 7, 2016 and is uptrending. It has outperformed by 16.40% the S&P500.

Delphi Management Inc increased Liberty Global Plc Cl C (LBTYK) stake by 29.57% reported in 2017Q2 SEC filing. Delphi Management Inc acquired 10,908 shares as Liberty Global Plc Cl C (LBTYK)’s stock declined 17.26%. The Delphi Management Inc holds 47,795 shares with $1.49M value, up from 36,887 last quarter. Liberty Global Plc Cl C now has $30.28 billion valuation. The stock decreased 1.81% or $0.56 during the last trading session, reaching $30.32. About 2.06M shares traded. Liberty Global plc (NASDAQ:LBTYK) has declined 6.78% since December 7, 2016 and is downtrending. It has underperformed by 23.48% the S&P500.

Among 18 analysts covering Synovus Financial Corp. (NYSE:SNV), 7 have Buy rating, 1 Sell and 10 Hold. Therefore 39% are positive. Synovus Financial Corp. had 43 analyst reports since July 22, 2015 according to SRatingsIntel. Barclays Capital maintained the shares of SNV in report on Wednesday, October 18 with “Equal-Weight” rating. The rating was initiated by JMP Securities with “Mkt Perform” on Thursday, February 2. As per Thursday, September 7, the company rating was maintained by RBC Capital Markets. Jefferies maintained the shares of SNV in report on Tuesday, October 10 with “Hold” rating. The firm has “Market Perform” rating given on Monday, January 9 by Wells Fargo. Stephens maintained Synovus Financial Corp. (NYSE:SNV) rating on Tuesday, August 15. Stephens has “Buy” rating and $4600 target. The stock of Synovus Financial Corp. (NYSE:SNV) earned “Buy” rating by RBC Capital Markets on Tuesday, October 17. Barclays Capital maintained the shares of SNV in report on Wednesday, July 19 with “Equal-Weight” rating. The firm has “Market Perform” rating given on Monday, December 21 by Wells Fargo. Keefe Bruyette & Woods downgraded the shares of SNV in report on Tuesday, November 29 to “Mkt Perform” rating.

Analysts await Synovus Financial Corp. (NYSE:SNV) to report earnings on January, 16. They expect $0.67 earnings per share, up 24.07% or $0.13 from last year’s $0.54 per share. SNV’s profit will be $80.07M for 18.24 P/E if the $0.67 EPS becomes a reality. After $0.65 actual earnings per share reported by Synovus Financial Corp. for the previous quarter, Wall Street now forecasts 3.08% EPS growth.

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