Calamos Advisors LLC Sells 10415 Shares of Discover Financial Services (DFS)

Marco Green
March 3, 2018

Ferguson Wellman Capital Management Inc sold 5,885 shares as Discover Financial Services (DFS)'s stock declined 15.69%. The stock increased 2.74% or $0.1 during the last trading session, reaching $3.75. About 4.15 million shares traded or 77.46% up from the average. Swarthmore Group reported 2.49% in Discover Financial Services (NYSE:DFS). It has underperformed by 6.28% the S&P500. Trend analysis is based on historical data about the stock's performance given the overall trends of the market and particular indicators within the market. They expect $0.39 earnings per share, up 2.63% or $0.01 from last year's $0.38 per share. The stock increased 0.05% or $0.06 during the last trading session, reaching $115.38. Carnival plc (NYSE:CUK) has risen 20.73% since March 2, 2017 and is uptrending. It has outperformed by 199.51% the S&P500.

Since October 12, 2017, it had 0 insider purchases, and 16 insider sales for $11.04 million activity. The insider Tipermas Marc sold $75,720.

It is down 0.00% since March 2, 2017 and is. Its down 0.14, from 0.91 in 2017Q2. It increased, as 16 investors sold FOLD shares while 32 reduced holdings. Massachusetts-based Rhumbline Advisers has invested 0% in Willdan Group, Inc. With 100 avg volume, 38 days are for HEROUX-DEVTEK INC ORDINARY SHARES (OTCMKTS:HERXF)'s short sellers to cover HERXF's short positions. It also reduced its holding in Applied Materials Inc (NASDAQ:AMAT) by 2.28 million shares in the quarter, leaving it with 4.23M shares, and cut its stake in Capital One Financial Corp (NYSE:COF). (NASDAQ:WLDN) or 9,931 shares. The SI to HEROUX-DEVTEK INC ORDINARY SHARES's float is 0.01%. Investors of record on Thursday, February 22nd will be issued a dividend of $0.35 per share. Japan-based Sumitomo Life Ins has invested 0.23% in Aetna Inc. Fdx Advisors owns 19,720 shares or 0.03% of their United States portfolio. Engineers Gate Manager LP invested in 0.01% or 10,300 shares. (NYSE:AET) or 7,497 shares. National Bank & Trust Of The West holds 0.15% in Aetna Inc. (NASDAQ:FOLD) for 192,521 shares. Spark Management Limited Liability owns 0% invested in BSQUARE Corporation (NASDAQ:BSQR) for 11,300 shares. (NASDAQ:FOLD) or 6.44 million shares. Quantum Capital holds 2.07% or 135,826 shares.

Algert Global Llc decreased Care Com Inc (NYSE:CRCM) stake by 92,589 shares to 113,076 valued at $1.80M in 2017Q3. 7,456 are owned by Clinton Inc. Allison Transmission Hldgs I Com (NYSE:ALSN) was raised too.

Among 3 analysts covering Willdan Group (NASDAQ:WLDN), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 89% are positive. Current trade price levels places DFS's stock about -8.20% away from the 52-week high and closed 30.80% away from the 52-week low. The shares were sold at an average price of $76.78, for a total value of $1,171,509.24. Willdan Group had 10 analyst reports since September 1, 2015 according to SRatingsIntel. Finally, Barclays dropped their price objective on shares of Discover Financial Services from $95.00 to $94.00 and set an "overweight" rating on the stock in a research note on Thursday, January 25th. The stock of Nordstrom, Inc. As per Tuesday, December 22, the company rating was initiated by JMP Securities. The stock has "Outperform" rating by Oppenheimer on Wednesday, October 21. The firm has "Top Pick" rating by RBC Capital Markets given on Wednesday, July 20. The rating was upgraded by Bernstein to "Outperform" on Monday, October 5. The company was maintained on Wednesday, October 21 by Oppenheimer. Stifel Nicolaus maintained Nordstrom, Inc. Following the completion of the transaction, the senior vice president now owns 12,033 shares in the company, valued at approximately $982,253.79.

Investors sentiment decreased to 0.77 in Q3 2017. Its up 0.30, from 0.84 in 2017Q2.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DFS. 58 funds opened positions while 197 raised stakes. 301.28 million shares or 2.91% less from 310.30 million shares in 2017Q2 were reported. The institutional investor held 6,315 shares of the consumer services company at the end of 2017Q3, valued at $407,000, down from 33,430 at the end of the previous reported quarter. Rational Advisors LLC acquired a new position in Discover Financial Services in the third quarter valued at approximately $123,000. Moreover, Credit Agricole S A has 0.16% invested in Discover Financial Services (NYSE:DFS) for 740,923 shares. First Manhattan accumulated 461,973 shares. 4,784 were reported by Fort Washington Invest Advisors Oh. Wells Fargo & Co boosted their price objective on shares of Discover Financial Services from $83.00 to $84.00 and gave the company a "market perform" rating in a report on Thursday, January 25th. Thomas White Interest Ltd reported 0% stake. The stock of Discover Financial Services (NYSE:DFS) has "Buy" rating given on Friday, June 16 by Jefferies.

Balyasny Asset Mgmt Ltd Liability Corp holds 148,415 shares. Ftb stated it has 871 shares or 0.01% of all its holdings. Peak6 Investments Limited Partnership accumulated 3,539 shares.

Shares of Discover Financial Services (DFS) opened at $74.20 on Friday. Amica Mutual Insur Company has invested 0.52% in Discover Financial Services (NYSE:DFS). Advisory Rech owns 223,034 shares. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. Therefore 69% are positive. Discover Financial Services has a twelve month low of $57.50 and a twelve month high of $81.93. The company was maintained on Monday, August 31 by Leerink Swann. Morgan Stanley has "Overweight" rating and $70 target. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". The rating was maintained by Keefe Bruyette & Woods on Monday, July 17 with "Buy". Altalis Capital Management Llc bought 387,366 shares as the company's stock declined 1.99% while stock markets rallied. (NYSE:JWN) on Friday, November 13 with "Buy" rating.

Sheaff Brock Investment Advisors LLC raised its stake in Discover Financial Services (NYSE:DFS) by 378.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. DFS's profit will be $649.19 million for 10.27 P/E if the $1.83 EPS becomes a reality.

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