Watch List: Discover Financial Services (NYSE:DFS), Honeywell International Inc. (NYSE:HON)

Paterniano Del Favero
Luglio 28, 2017

Contravisory Investment Management Inc.'s holdings in Discover Financial Services were worth $4,788,000 as of its most recent SEC filing. Court Place Advisors LLC raised its stake in Discover Financial Services by 0.7% in the first quarter. Janus Capital Management LLC now owns 1,609,893 shares of the financial services provider's stock worth $110,101,000 after buying an additional 741,786 shares during the last quarter. Janney Montgomery Scott LLC now owns 27,978 shares of the financial services provider's stock worth $1,740,000 after buying an additional 2,395 shares in the last quarter. Finally, Financial Architects Inc boosted its position in shares of Discover Financial Services by 65.1% in the second quarter. The fund owned 13,400 shares of the financial services provider's stock after selling 1,680 shares during the period. M Holdings Securities Inc. bought a new stake in shares of Discover Financial Services during the fourth quarter valued at approximately $241,000. Institutional investors and hedge funds own 84.46% of the company's stock. Hodges Capital owns 67,000 shares or 0.06% of their U.S. portfolio. Discover Financial Services had 53 analyst reports since July 24, 2015 according to SRatingsIntel.

The current market capitalization of Discover Financial Services (NYSE:DFS) stands at 22.98 Billion. Discover Financial Services (NYSE:DFS) has risen 10.42% since July 26, 2016 and is uptrending. The company reported the earnings of $1.4/Share in the last quarter where the estimated EPS by analysts was $1.45/share.

The credit card issuer and lender posted revenue of $2.82 billion in the period.

DFS's fiscal year ends Dec 31, 2016 and the most recent quarter started on Mar 31, 2017. During the same period past year, the business posted $1.47 EPS. On average, equities research analysts predict that Discover Financial Services will post $5.98 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 7th. Stockholders of record on Thursday, August 24th will be issued a dividend of $0.35 per share.

The Average Volume for 10 days is 3.26 Million for Discover Financial Services (NYSE:DFS). The ex-dividend date of this dividend is Tuesday, August 22nd. Capstone Asset Management Co. boosted its position in Discover Financial Services by 1.6% in the second quarter. This repurchase authorization authorizes the financial services provider to purchase up to 11.3% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

TRADEMARK VIOLATION WARNING: "Central Bank & Trust Co". FNY Managed Accounts LLC purchased a new stake in Discover Financial Services during the first quarter valued at $124,000. If you are viewing this piece on another publication, it was copied illegally and reposted in violation of USA and global trademark & copyright legislation. The legal version of this report can be viewed at https://sportsperspectives.com/2017/07/27/discover-financial-services-nysedfs-to-repurchase-2-75-billion-in-stock.html.

A number of equities analysts have issued reports on the stock. Instinet restated a "buy" rating and set a $81.00 price target (down from $86.00) on shares of Discover Financial Services in a report on Wednesday, July 12th. HighPoint Advisor Group LLC raised its stake in shares of Discover Financial Services by 5.5% in the fourth quarter. Barclays PLC restated an "equal weight" rating and set a $70.00 price target (down from $79.00) on shares of Discover Financial Services in a report on Thursday. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eighteen have assigned a buy rating to the company's stock. They now have a $70.00 price objective on the financial services provider's stock, down from their prior price objective of $79.00.

In other news, COO Roger C. Hochschild sold 15,258 shares of the firm's stock in a transaction dated Monday, May 1st.

On 7/3/2017 Carlos Minetti, EVP, sold 8,000 with an average share price of $62.42 per share and the total transaction amounting to $499,360.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.

In related news, CEO David W. Nelms sold 30,000 shares of the company's stock in a transaction on Monday, May 1st. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 represents a consensus Sell rating. Following the completion of the sale, the executive vice president now directly owns 28,345 shares of the company's stock, valued at $1,772,696.30. The disclosure for this sale can be found here. In the last three months, insiders have sold 103,516 shares of company stock worth $6,456,648.

On 1/14/2016 Discover Financial Services announced a quarterly dividend of $0.28 with an ex dividend date of 2/2/2016 which will be payable on 2/18/2016. The Firm is a bank holding company, as well as a financial holding company. The Firm operates through two divisions: Direct Banking and Payment Services.

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