Boston Partners Decreased Discover Finl Svcs (DFS) Stake by $14.82 Million as Shares Declined

Discover Financial Services (NYSE:DFS) Corporate LogoDuring 2018 Q4 the big money sentiment increased to 0.81. That’s change of 0.01, from 2018Q3’s 0.8. 61 investors sold all, 259 reduced holdings as DFS ratio is positive. 190 rose holdings while 69 funds bought holdings. Funds hold 277.98 million shares thus 0.83% less from 2018Q3’s 280.30 million shares. Adage Prtnrs Lc accumulated 0.08% or 485,458 shs. Washington Trust Company reported 98,160 shs stake. 80,200 were accumulated by Virginia Retirement Systems Et Al. Sumitomo Life, a Japan-based fund reported 24,180 shs. State Of Wisconsin Board invested in 304,006 shs or 0.06% of the stock. Thompson Invest Management stated it has 0.72% in Discover Financial Services (NYSE:DFS). Bridgeway Cap Mngmt Incorporated stated it has 848,559 shs. Atria Ltd reported 16,732 shs or 0.04% of all its holdings. Wellington Gru Llp accumulated 14,690 shs. Proffitt And Goodson holds 0% of its capital in Discover Financial Services (NYSE:DFS) for 15 shs. Two Sigma Securities Ltd reported 0% in Discover Financial Services (NYSE:DFS). Hl Svcs Lc stated it has 53,721 shs. Rocky Mountain Advisers Lc holds 0.01% or 45 shs in its capital. Principal Fincl reported 3.77M shs. Markston Intl Lc owns 52,239 shs for 0.4% of their capital.

Based on the latest 2018Q4 regulatory filing with the SEC, Boston Partners reduced its holdings in Discover Finl Svcs (DFS) by 2.02%. The company’s stock declined 0.85% while stock markets rallied as Boston Partners sold 255,588 shares. The consumer services company announced $732.58M value for the 2018Q4. Now the institutional investor is holding 12.42 million shares, compared to the 12.68M from the previous quarter. $22.95 billion is Discover Finl Svcs’s MC. The stock decreased 0.04% or $0.03 during the last trading session, hitting $69.88.Currently Discover Financial Services is downtrending after 5.01% change in last March 10, 2018. DFS has also 1.84 million shares volume. The stock underperformed the S&P 500 by 9.38%.

Boston Partners upped its stake in Peapack (NASDAQ:PGC) by 253,125 shares to 803,065 shares, valued at $20.22 million in 2018Q4, according to the filing. It operates about $53.18 billion and $69.59 billion US Long portfolio. Boston Partners has risen its stake in Alphabet Inc and also increased its holding in American Intl Group Inc (NYSE:AIG) by 1.80 million shares in the quarter, for a total of 14.87M shares.

On April, 25 WallStreet awaited Discover Financial Services (NYSE:DFS)’s earnings report, as reported by Faxor. Analysts expect change of 10.44 % or $0.19 from previous year?s $1.82 EPS compared to current’s $2.01 EPS. This could be $660.07 million profit for DFS assuming the current $2.01 EPS will become reality. Wall Street now predicts -0.99 % negative EPS growth despite Discover Financial Services last quarter’s EPS of $2.03.

For more Discover Financial Services (NYSE:DFS) news announced briefly go to: Seekingalpha.com, Fool.com, Fool.com, Businesswire.com or Fool.com. The titles are as follows: “Graseck boosts Discover Financial bull case – Seeking Alpha” announced on March 06, 2019, “The Most Important Number From Discover’s 4th Quarter – The Motley Fool” on February 10, 2019, “Why Is Kroger Not Accepting Visa in Some Stores? – Motley Fool” with a publish date: March 07, 2019, “Discover Partners with ZestFinance to Implement AI-Based Underwriting Platform – Business Wire” and the last “Visa Is the New AmEx, and Not in the Good Way – Motley Fool” with publication date: March 06, 2019.

Discover Financial Services (NYSE:DFS) Ratings Coverage

Total analysts of 5 have positions in Discover Financial (NYSE:DFS) as follows: 3 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 60%. Since September 21, 2018 according to StockzIntelligence Inc Discover Financial has 6 analyst reports. On Wednesday, March 6 the stock has “Overweight” rating by Morgan Stanley. On Thursday, November 1 the firm earned “Neutral” rating by Citigroup. In Friday, September 21 report Bank of America maintained the stock with “Buy” rating. In Friday, October 26 report Wells Fargo maintained it with “Market Perform” rating and $78 target. In Monday, October 1 report Wells Fargo maintained the stock with “Market Perform” rating. On Tuesday, October 2 the stock of Discover Financial Services (NYSE:DFS) earned “Overweight” rating by JP Morgan.

Discover Financial Services (NYSE:DFS) Institutional Investors Chart

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