Yousif Capital Management LLC Has $6.46 Million Stock Position in Discover Financial Services (NYSE:DFS)

Yousif Capital Management LLC raised its holdings in Discover Financial Services (NYSE:DFS) by 3.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 37,315 shares of the financial services provider’s stock after buying an additional 1,187 shares during the quarter. Yousif Capital Management LLC’s holdings in Discover Financial Services were worth $6,464,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Czech National Bank boosted its stake in Discover Financial Services by 7.1% during the third quarter. Czech National Bank now owns 51,146 shares of the financial services provider’s stock worth $7,175,000 after acquiring an additional 3,392 shares in the last quarter. Miracle Mile Advisors LLC raised its holdings in shares of Discover Financial Services by 4.9% during the third quarter. Miracle Mile Advisors LLC now owns 2,074 shares of the financial services provider’s stock valued at $291,000 after purchasing an additional 96 shares during the period. Dynamic Advisor Solutions LLC boosted its position in shares of Discover Financial Services by 4.2% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 2,159 shares of the financial services provider’s stock worth $303,000 after purchasing an additional 87 shares in the last quarter. CWM LLC grew its stake in shares of Discover Financial Services by 0.9% in the 3rd quarter. CWM LLC now owns 9,841 shares of the financial services provider’s stock valued at $1,381,000 after buying an additional 90 shares during the period. Finally, Unison Advisors LLC increased its position in Discover Financial Services by 0.5% in the 3rd quarter. Unison Advisors LLC now owns 45,269 shares of the financial services provider’s stock valued at $6,351,000 after buying an additional 243 shares in the last quarter. 86.94% of the stock is currently owned by institutional investors.

Discover Financial Services Stock Performance

Shares of Discover Financial Services stock opened at $202.91 on Friday. The business’s fifty day simple moving average is $182.48 and its 200 day simple moving average is $158.22. The company has a current ratio of 1.09, a quick ratio of 1.03 and a debt-to-equity ratio of 1.09. Discover Financial Services has a 12 month low of $104.08 and a 12 month high of $205.76. The firm has a market capitalization of $50.99 billion, a P/E ratio of 12.71, a price-to-earnings-growth ratio of 0.64 and a beta of 1.46.

Discover Financial Services (NYSE:DFS) last released its earnings results on Wednesday, January 22nd. The financial services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $3.13 by $1.98. Discover Financial Services had a return on equity of 26.18% and a net margin of 17.29%. As a group, analysts anticipate that Discover Financial Services will post 13.39 EPS for the current year.

Discover Financial Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Friday, May 23rd. Discover Financial Services’s dividend payout ratio is currently 17.54%.

Analyst Ratings Changes

DFS has been the topic of several recent research reports. StockNews.com lowered Discover Financial Services from a “buy” rating to a “hold” rating in a report on Friday, January 24th. Wells Fargo & Company lifted their price target on shares of Discover Financial Services from $185.00 to $214.00 and gave the company an “equal weight” rating in a research report on Friday, January 24th. Evercore ISI upped their price objective on shares of Discover Financial Services from $156.00 to $163.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. UBS Group upgraded shares of Discover Financial Services from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $150.00 to $239.00 in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. upped their target price on shares of Discover Financial Services from $146.00 to $169.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. Ten investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Discover Financial Services has a consensus rating of “Hold” and an average target price of $182.64.

About Discover Financial Services

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts.