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SYA $32.02

SYA target price
32.02
0
0
Symetra
Type
Public
Traded as NYSE: SYA
Industry Insurance
Founded Bellevue, Washington (2004)
Headquarters Bellevue, Washington, United States
Key people
Randall Talbot Founder, Tom Marra (CEO), Margaret Meister CFO
Products Retirement plans
Employee benefits
Annuities
Life insurance
Revenue US$ 2.1 billion (2012)
Net income
US$ 205.4 million (2012)
Total assets US$ 29.5 billion (2012)
Number of employees
1,250
Website www.symetra.com

Symetra is a United States-based family of companies providing retirement plans, employee benefits, annuities and life insurance through independent distributors nationwide. The main headquarters of the company is located in Bellevue, Washington. Started in 1957, Symetra Financial began as a subsidiary of Safeco. In 1967, the total amount of insurance in force for Symetra surpassed the $1 billion mark. By 1995, the total assets had grown to $10 billion. In 2004, Safeco sold its life insurance business to an investor group led by White Mountains Insurance Group and Berkshire Hathaway.

Symetra Financial was eventually acquired by Japanese insurer Sumitomo Life for $3.8billion. The Japanese insurer was looking to expand its foothold on insurance especially with an aging Japanese market.


Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2015-08-14 Downgrade Jefferies Group Buy to Hold $28.00 to $32.00
2015-08-12 Boost Price Target Keefe, Bruyette & Woods Market Perform $32.00
2015-07-07 Boost Price Target JPMorgan Chase & Co. $22.00 to $23.00
2015-06-01 Initiated Coverage Piper Jaffray Neutral $25.00
2015-06-01 Initiated Coverage Piper Jaffray Cos. Neutral $25.00
2015-05-20 Initiated Coverage Sandler O'Neill Hold $26.00
2015-04-22 Boost Price Target Keefe, Bruyette & Woods Market Perform $23.00 to $25.00
2015-04-14 Upgrade Bank of America Underperform to Neutral $20.00 to $25.00
2015-04-14 Upgrade Bank of America Corp. Underperform to Neutral $20.00 to $25.00
2015-02-04 Initiated Coverage Jefferies Group Buy $25.00
2015-01-27 Reiterated Rating Keefe, Bruyette & Woods Hold $24.00 to $23.00
2014-09-11 Reiterated Rating Keefe, Bruyette & Woods Market Perform $23.00 to $24.00
2014-07-25 Reiterated Rating JPMorgan Chase & Co. Neutral $22.00 to $23.00
2014-07-25 Boost Price Target Barclays Equal Weight $21.00 to $23.00
2014-07-25 Boost Price Target Barclays PLC Equal Weight $21.00 to $23.00
2014-07-17 Reiterated Rating Sterne Agee CRT Underperform $18.00 to $19.00
2014-07-09 Boost Price Target Keefe, Bruyette & Woods $22.00 to $23.00
2014-07-01 Reiterated Rating JPMorgan Chase & Co. Neutral $21.00 to $22.00
2014-04-24 Boost Price Target Barclays Equal Weight $19.00 to $21.00
2014-04-24 Initiated Coverage Keefe, Bruyette & Woods Suspended to Market Perform $22.00
2014-01-15 Upgrade Raymond James Underperform to Market Perform
2013-09-20 Downgrade Goldman Sachs Neutral to Sell $18.00
2010-09-13 Reiterated UBS Neutral $13 to $11
2010-03-03 Initiated Wells Fargo Market Perform
2010-03-03 Initiated Keefe Bruyette Mkt Perform
2010-03-03 Initiated JP Morgan Neutral
2010-03-03 Initiated Barclays Capital Equal Weight
2015-08-14 Downgrade Jefferies Group Buy to Hold $28.00 to $32.00
2015-08-12 Boost Price Target Keefe, Bruyette & Woods Market Perform $32.00
2015-07-07 Boost Price Target JPMorgan Chase & Co. $22.00 to $23.00
2015-06-01 Initiated Coverage Piper Jaffray Neutral $25.00
2015-06-01 Initiated Coverage Piper Jaffray Cos. Neutral $25.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
FOY DAVID THOMAS 17.74%  (20562379) SYA / WTM /
White Mountains Holdings (NL) B.V. 8.07%  (9348470) SYA /
MARRA THOMAS M President, CEO 0.29%  (339447) SYA /
Meister Margaret A. EVP, CFO 0.09%  (98916) SYA /
TALBOT RANDALL H Former Director & Pres/CEO 0.07%  (83478) CNQR / SYA / WAFD /
Curley Jonathan E. EVP - Life Division 0.04%  (45582) SYA /
LaVoice Richard G EVP - Sales & Distribution 0.02%  (21361) SYA /
Katzmar Holmes Christine Ann VP - Human Resources 0.01%  (15793) SYA /
McKinnon George N. SVP-CIO 0.01%  (13474) SYA /