Economy

Discover Financial Services (DFS) Now Covered by Wells Fargo & Company

Therefore 70% are positive. The stock's 50 day moving average is $61.11 and its 200-day moving average is $61.74. The stock presently has a consensus rating of "Hold" and an average target price of $73.58. Finally, Bank of Montreal Can boosted its position in Discover Financial Services by 10.6% in the first quarter.

01/25/2017 - Discover Financial Services had its "buy" rating reiterated by analysts at Sandler O'Neill. V Wealth Management LLC acquired a new stake in shares of Discover Financial Services in the 2nd quarter valued at about $101,000. The other 18 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. As per Monday, May 15, the company rating was maintained by Wood.

Among 9 analysts covering Flexion Therapeutics (NASDAQ:FLXN), 9 have Buy rating, 0 Sell and 0 Hold. The firm has "Buy" rating by Stifel Nicolaus given on Wednesday, October 21. The firm has "Overweight" rating given on Friday, September 8 by Morgan Stanley. The firm has "Mkt Perform" rating given on Thursday, October 22 by FBR Capital. William Blair reissued an "outperform" rating on shares of Discover Financial Services in a research note on Tuesday, July 18th. The firm earned "Buy" rating on Friday, September 15 by Needham. The stock of Flexion Therapeutics Inc (NASDAQ:FLXN) earned "Outperform" rating by Wells Fargo on Tuesday, May 3. On Wednesday, November 4 the stock rating was initiated by Cantor Fitzgerald with "Buy". The stock of Discover Financial Services (NYSE:DFS) has "Hold" rating given on Thursday, June 1 by BMO Capital Markets. Company insiders own 0.96% of the company's stock.

Just yesterday Discover Financial Services (NYSE:DFS) traded -0.77% lower at $64.78. It has underperformed by 16.48% the S&P500.

Analysts await Discover Financial Services (NYSE:DFS) to report earnings on October, 24.

About 1.12 million shares traded. WCG's profit would be $86.31 million giving it 21.61 P/E if the $1.94 EPS is correct. Pennsylvania Trust holds 0.02% of its portfolio in Discover Financial Services (NYSE:DFS) for 5,475 shares.

Discover Financial Services most recently reported earnings per share (EPS) of $1.4 for the June 2017 versus $1.47 in the same quarter past year, representing -5% growth. The company has market cap of $7.46 billion. The Company is a bank holding company, as well as a financial holding company. Also, it has an estimated price-earnings (P/E) multiple of 9.82 and a trailing 12-month price-earnings (P/E) multiple of 11.21. The Firm operates through two divisions: Direct Banking and Payment Services. Its up 0.12, from 0.79 in 2017Q1. Finally, BidaskClub downgraded shares of Discover Financial Services from a "hold" rating to a "sell" rating in a research note on Tuesday, August 1st.

Hedge funds have recently made changes to their positions in the business. Moreover, Creative Planning has 0.01% invested in Discover Financial Services (NYSE:DFS). Principal Financial Group Inc. increased its position in shares of Discover Financial Services by 492.6% during the 2nd quarter. The company's stock had a trading volume of 1,698,207 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 128,531 shares. Guggenheim Capital Ltd reported 734,763 shares. Envestnet Asset Mgmt invested in 0% or 4,953 shares. BMO Capital Markets maintained Discover Financial Services (NYSE:DFS) rating on Thursday, June 1.

Discover Financial Services announced that its Board of Directors has authorized a share repurchase program on Wednesday, June 28th that authorizes the company to buyback $2.23 billion in outstanding shares. Bank of America downgraded Discover Financial Services (NYSE:DFS) on Thursday, February 11 to "Neutral" rating. (NASDAQ:CA). Koch Industry invested in 0.1% or 361,439 shares.

Investors sentiment increased to 1.74 in Q2 2017. The financial services provider reported $1.40 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.45 by ($0.05). Corbyn Investment Management Inc Md owns 241,439 shares or 4.7% of their USA portfolio. Tpg Group (Sbs) Advsr stated it has 936,507 shares or 0.26% of all its holdings. 2,109 are owned by Clarivest Asset Mngmt Ltd Liability Com. Ardsley Advisory owns 165,000 shares or 0.6% of their U.S. portfolio. Millennium Management Limited Liability Company has invested 0.01% in CACI International Inc (NYSE:CACI). Century reported 0% in Flexion Therapeutics Inc (NASDAQ:FLXN). The Md Sass Investors Services Inc holds 1.11M shares with $69.06 million value, up from 893,636 last quarter. It also reduced Lennar Corp (NYSE:LEN) stake by 183,000 shares and now owns 986,485 shares. Cibc World Markets Incorporated stated it has 41,682 shares or 0.01% of all its holdings. Diligent Invsts Ltd reported 13,345 shares. New York State Common Retirement Fund, a New York-based fund reported 37,893 shares. South Dakota Inv Council accumulated 1,300 shares. Citigroup has invested 0% of its portfolio in Flexion Therapeutics Inc (NASDAQ:FLXN).



Like this

loading...
loading...

Latest


12 October 2017
California Wildfires Blamed For 17 Deaths; High Winds Forecast
Social media flooded with photographs and videos of the neighborhoods that I once knew, now leveled and reduced to rubble. Santa Rosa police on Tuesday issued an urgent evacuation warning for anyone remaining in the Oakmont neighborhood.

12 October 2017
Mum's fight for life after unborn baby kicks hole in womb
Despite the dramatic delivery, mum and baby are said to be doing well. "Rupture pregnancy" is considered to be extremely rare. Women who have had fibroid-removal operations should wait for one to two years until they plan for a baby, said Dr Zhong.

12 October 2017
Analysts Recommendations Noble Corporation plc (NE)
The investment managers in our partner's database now possess: 228.01 million shares, up from 224.47 million shares in 2017Q1. The Altman Z-score depends on five financial ratios that can be calculated from data found on a company's annual 10K report.

12 October 2017
Tokio Marine Asset Management Co. Ltd. Grows Position in Amazon.com, Inc
The e-commerce giant reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.40 by ($1.00). Finally, Farmers & Merchants Investments Inc. lifted its stake in shares of Amazon.com by 560.0% in the second quarter.

12 October 2017
Antonio Conte set to provide clarity on N'Golo Kante injury
One of football fans' main fears is that a key man will go away on global duty, only to come back injured. Morata picked up a hamstring issue in the loss to Manchester City just before the two-week global break.

12 October 2017
Pakistan nominates ex-CJP as ad-hoc judge in Jadhav case
Jadhav has filed a mercy petition to Chief of Army Staff General Qamar Javed Bajwa, to spare his life on "compassionate grounds". Jillani served as a judge in the Supreme Court during 2004-13 and as the chief justice from December 2013 to July 2014.

12 October 2017
QS Investors LLC Boosts Position in Ecolab Inc. (ECL)
Edward Jones raised shares of Ecolab from a "hold" rating to a "buy" rating in a research report on Wednesday, February 22nd. The Congress Asset Management Company holds 359,321 shares with $47.70 million value, down from 372,562 last quarter.

12 October 2017
J&K encounter: Bandipora gunfight kill two militants, claim two IAF commando's life
Summary: This is the second known instance of the Garud force suffering fatalities in anti-terror operations. The commandos were deployed when terrorist stormed the Pathankot air base in 2016.

12 October 2017
Stephens Reiterates Hold Rating for The Cheesecake Factory Incorporated (CAKE)
The Pro-Dex segment provides primarily medical and dental instruments using shared production and assembly machines and workforce. Following the completion of the sale, the director now directly owns 16,750 shares of the company's stock, valued at $1,035,485.

12 October 2017
Phil Spencer: Xbox One X is not for everybody
Their number one form of entertainment, and we want to give them the very best experience". "But I think Sony's view is different".