Martes, 19 Marcha, 2019

Profund Advisors LLC Has $877000 Position in Discover Financial Services (DFS)

Manuel Armenta | 19 May, 2017, 22:47

The stock now has a consensus rating of "Buy" and an average target price of $73.85. Looking at this figure it suggests that the shares of Discover Financial Services (DFS) may be undervalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Discover Financial Services (DFS) is a good investment, however if the market is weaker then it could suggest that the shares are overvalued. Finally, Susquehanna Bancshares Inc cut Discover Financial Services from a positive rating to a neutral rating in a report on Friday, January 6th. Wedbush set a $78.00 price target on Discover Financial Services and gave the company a buy rating in a report on Wednesday, January 25th. The firm has "Buy" rating given on Wednesday, October 5 by Deutsche Bank.

Joshua Nash increased its stake in Discover Financial Services (NYSE:DFS) by 220.57% based on its latest 2017Q1 regulatory filing with the SEC. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

Discover Financial Services (NYSE:DFS) has a current Value Composite Score of 36. Discover Financial Services has a 12 month low of $50.32 and a 12 month high of $74.33. The company has a 50-day moving average price of $64.33 and a 200 day moving average price of $67.78. The firm has a market cap of $22.82 billion, a price-to-earnings ratio of 10.25 and a beta of 1.42.

Many analysts have provided their estimated foresights on Discover Financial Services Earnings, with 26 analysts believing the company would generate an Average Estimate of $1.48.

Discover Financial Services (DFS) reported earning per shares for the quarter ending April 25 AMC at 1.43, whereas, 26 number of analysts estimated the mean EPS at 1.48. The Massachusetts-based Contravisory Investment Management has invested 2.09% in Discover Financial Services (NYSE:DFS). This relationship increases the importance of accurate EPS growth estimates for different markets. During the same period in the prior year, the firm posted $1.35 EPS.

Analysts await Discover Financial Services (NYSE:DFS) to report earnings on July, 18.

Traders may also be following some financial ratios for Discover Financial Services (NYSE:DFS).

Discover Financial Services (DFS) has the market capitalization of $22.36 Billion. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of global copyright laws.

On 7/14/2016 Discover Financial Services announced a quarterly dividend of $0.30 with an ex dividend date of 8/2/2016 which will be payable on 8/18/2016. This represents a $1.20 annualized dividend and a yield of 2.02%. The ex-dividend date is Tuesday, May 9th. Old Mutual Invsts (Uk) has invested 2.41% in Discover Financial Services (NYSE:DFS). BlackRock Inc. now owns 30,704,582 shares of the financial services provider's stock valued at $2,099,886,000 after buying an additional 29,796,268 shares during the last quarter.

On the other hand the company has Relative Strength Index (RSI 14) of 30.64 along with Average True Range (ATR 14) of 1.12, Consequently Discover Financial Services (NYSE:DFS)'s weekly and monthly volatility is 1.62%, 1.77% respectively. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. And the values below 20 that it is oversold indicate prices could very well bounce upwards. Following the transaction, the chief operating officer now directly owns 798,331 shares of the company's stock, valued at $54,070,958.63. The disclosure for this sale can be found here. Its share have plunged by -17% in percentage terms since the start of the year - and retreated -8.3% in the last month.

Since December 1, 2016, it had 0 insider buys, and 35 sales for $23.98 million activity.

DFS has been the topic of several research reports. It fall, as 51 investors sold Discover Financial Services shares while 284 reduced holdings. The business's quarterly revenue was up 5.2% on a year-over-year basis.

For the Current Quarter, the growth estimate for Discover Financial Services is 0.7%, while for the Next Quarter the stock growth estimate is 1.3%. North Star Investment Management holds 1,330 shares or 0.01% of its portfolio. Following the completion of the sale, the director now owns 46,698 shares of the company's stock, valued at approximately $3,297,345.78. Moreover, Regentatlantic Cap Lc has 0.3% invested in Discover Financial Services (NYSE:DFS) for 42,304 shares. Synovus Financial Corp increased its stake in Discover Financial Services by 286.8% in the third quarter. The correct version of this news story can be read at Of Oklahoma reported 0% of its portfolio in Discover Financial Services (NYSE:DFS). Watching a firm's EV may be useful when comparing companies with different capital structures.