Fintel reports that on October 10, 2024, Citigroup initiated coverage of Synovus Financial - Preferred Stock (NYSE:SNV.PRE) with a Buy recommendation.
What is the Fund Sentiment?
There are 27 funds or institutions reporting positions in Synovus Financial - Preferred Stock. This is an decrease of 1 owner(s) or 3.57% in the last quarter. Average portfolio weight of all funds dedicated to SNV.PRE is 0.60%, an increase of 19.42%. Total shares owned by institutions increased in the last three months by 6.88% to 4,438K shares.
What are Other Shareholders Doing?
PFF - iShares Preferred and Income Securities ETF holds 1,351K shares. In its prior filing, the firm reported owning 1,383K shares , representing a decrease of 2.30%. The firm increased its portfolio allocation in SNV.PRE by 3.90% over the last quarter.
Flaherty & Crumrine Preferred Securities Income Fund holds 518K shares. In its prior filing, the firm reported owning 385K shares , representing an increase of 25.62%. The firm increased its portfolio allocation in SNV.PRE by 33.47% over the last quarter.
Nuveen Preferred & Income Opportunities Fund holds 443K shares. No change in the last quarter.
NPSAX - Nuveen Preferred Securities and Income Fund holds 401K shares. No change in the last quarter.
Flaherty & Crumrine Dynamic Preferred & Income Fund holds 288K shares. In its prior filing, the firm reported owning 215K shares , representing an increase of 25.34%. The firm increased its portfolio allocation in SNV.PRE by 32.82% over the last quarter.
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