320 Hedge Funds Just Sold This Stock
A strange force has seized control of Wall Street. Hedge funds are already moving their money... and preparing for even stranger days ahead. Over 320 hedge funds have quietly sold THIS famous stock -- to prepare for a dramatic market shift Get the strange truth from a 50-year Wall Street insider... including the name and ticker of the stock hedge funds are selling hand-over-first.
About Discover Financial Services
Discover Financial Services, through its subsidiaries, operates as a digital banking and payment services company 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; and other consumer products and services, including private student loans, personal loans, home loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts, checking accounts, and sweep accounts. The Payment Services segment operates the PULSE network, an automated teller machine, debit, and electronic funds transfer network; Diners Club International, a payments network that issues Diners Club branded charge cards and/or provides card acceptance services; and Discover Network that processes transactions for Discover-branded credit and debit cards, as well as provides payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.
General
| Name | Discover Financial Services |
| Ticker | DFS |
| Exchange | NYSE |
| Sector | Financial Services |
| Industry | Credit Services |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 17,600 |
Highlights
| Analyst Target | 108.89 |
| Market Cap | 29,311,088,640 |
| PE Ratio | 12.35 |
| PEG Ratio | 0.36 |
Share Stats
| Shares Outstanding | 306,344,992 |
| Shares Float | 304,600,084 |
| Shares Short | 4,422,020 |
| Insider Holdings | 53% |
| Institution Holdings | 88.75% |
Highlights
| Analyst Target | 108.89 |
| Market Cap | 29,311,088,640 |
| PE Ratio | 12.35 |
| PEG Ratio | 0.36 |
Valuation
| Trailing PE | 26.61 |
| Forward PE | 11.52 |
| Price/Sales (Trailing 12 Mt.) | 2.74 |
| Price/Book (Most Recent Quarter) | 3.09 |
Dividend
Discover Financial Services pays out a dividend of $1.76 per share, with a dividend yield of 2.00%.
DFS's last dividend payment was made to shareholders on March 4, 2021.
They pay out 44.64% of their earnings out as a dividend.
Recent Dividends
| Sep 5, 2024 | $0.70 |
| Jun 6, 2024 | $0.70 |
| Mar 7, 2024 | $0.70 |
| Dec 7, 2023 | $0.70 |
| Sep 7, 2023 | $0.70 |
| Jun 8, 2023 | $0.70 |
| Mar 9, 2023 | $0.60 |
| Dec 8, 2022 | $0.60 |
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