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.
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
In SYA 4 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
MANAGED ACCOUNT ADVISORS LLC | 0.97M |
NEW ENGLAND SECURITIES CORP /MA/ | 100 |
BOSTON PRIVATE BANK & TRUST CO | 70 |
HUNTINGTON NATIONAL BANK | 1 |
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 / |