Most Active Stock: Discover Financial Services (DFS)

Isaac Cain
June 1, 2017

FMR LLC now owns 9,844,614 shares of the financial services provider's stock valued at $709,698,000 after buying an additional 355,684 shares during the last quarter. The stock decreased 1.57% or $0.94 during the last trading session, reaching $58.86. Jaffetilchin Investment Partners LLC now owns 3,230 shares of the financial services provider's stock worth $221,000 after buying an additional 24 shares during the period.

In related news, COO Roger C. Hochschild sold 15,258 shares of the company's stock in a transaction that occurred on Monday, May 1st. Discover Financial Services's dividend payout ratio is now 20.76%. The SI to Calgon Carbon Corporation's float is 1.43%. In contrast, the average volume was 2.98 million shares. Cytokinetics, Inc. (NASDAQ:CYTK) has risen 88.33% since May 31, 2016 and is uptrending. It has underperformed by 4.22% the S&P500.

With these kinds of figures it is worthy to note that Discover Financial Services (DFS) has been put into a buy territory, but there are few other spots to consider. Therefore 40% are positive. Six analysts have issued estimates for Discover Financial Services' earnings, with estimates ranging from $1.43 to $1.53. Susquehanna downgraded the shares of DFS in report on Friday, January 6 to "Neutral" rating. RBC Capital Markets has "Top Pick" rating and $68 target. Deutsche Financial Bank Ag holds 3.02M shares or 0.17% of its portfolio. RBC Capital Markets maintained the stock with "Top Pick" rating in Monday, November 14 report. The company was initiated on Wednesday, September 21 by Longbow. Cable Hill Partners LLC increased its stake in shares of Discover Financial Services by 112.1% in the third quarter. Argus Research upgraded the stock to "Buy" rating in Wednesday, December 16 report. The rating was initiated by Evercore with "Hold" on Tuesday, December 22. The company now has a consensus rating of "Buy" and an average target price of $6.25.

Investors sentiment decreased to 0.95 in 2016 Q4. Its down 0.04, from 0.99 in 2016Q3. The legal version of this story can be read at Vanguard Group Inc. raised its position in shares of Discover Financial Services by 1.3% in the first quarter. Its book value per share for the most recent quarter is $27.73 while its price to book ratio for the same period is 2.16, as for as the company's cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. Great West Life Assurance Comm Can holds 631,281 shares. Discover Financial Services has a 12-month low of $50.32 and a 12-month high of $74.33. Tower Research Cap Lc (Trc) owns 15,044 shares or 0.12% of their U.S. portfolio.

According to the latest research reports released, 12 analysts have issued a rating of "buy", 8 analysts "outperform", 7 analysts "hold", 1 analysts "underperform" and 0 analysts "sell". Wealthtrust accumulated 260 shares.

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Checking in on some valuation rankings, Discover Financial Services (NYSE:DFS) has a Value Composite score of 47. Going toward to the 50-day, we can see that shares are now trading -8.15% off of that figure. Martingale Asset Management Lp holds 0.15% or 143,033 shares in its portfolio. Engineers Gate Manager Limited Partnership reported 0.38% stake. Ironwood Ltd Liability Co invested in 0% or 60 shares.

COPYRIGHT VIOLATION NOTICE: "Mitsubishi UFJ Trust & Banking Corp Lowers Stake in Discover Financial Services (DFS)" was first posted by Markets Daily and is owned by of Markets Daily. Orrstown Financial Services Inc. boosted its position in shares of Discover Financial Services by 64.2% in the first quarter.

Boston Partners increased its stake in Discover Finl Svcs (DFS) by 0.31% based on its latest 2016Q4 regulatory filing with the SEC.

Boston Partners, which manages about $53.18B and $76.05B US Long portfolio, decreased its stake in State Bk Finl Corp (NASDAQ:STBZ) by 214,270 shares to 655,420 shares, valued at $17.60 million in 2016Q4, according to the filing. Pnc Finance Services Gru holds 0.09% or 1.12 million shares in its portfolio. Discover Financial Services (NYSE:DFS) for the trailing twelve months paying dividend with the payout ratio of 20.40% to its shareholders. Its quick ratio was 0.20 while current ratio was noted as 1.40 in the most recent quarter. DFS's profit will be $577.73 million for 9.81 P/E if the $1.50 EPS becomes a reality. The financial services provider reported $1.43 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.42 by $0.01. If the ratio is less than 1, then we can determine that there has been a decrease in price. 17 funds opened positions while 24 raised stakes. Sprott Inc reported 620,310 shares or 3.83% of all its holdings. Princeton Alpha Management L P has 16,868 shares. Burns J W And has 7,691 shares for 0.16% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 115,627 shares or 0.09% of the stock. Wetherby Asset Management owns 8,407 shares. Amalgamated Bank, a New York-based fund reported 32,620 shares. Blackrock Advsr Ltd Liability stated it has 123,763 shares. For stochastics, readings below 20 are considered oversold and you would only take buy signals if the indicator is below that level.

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