Vantage Investment Advisors Trimmed By $3.38 Million Its Discover Financial Services (DFS) Stake; Severn Bancorp Has 2.25 Sentiment

February 20, 2018 - By Darrin Black

Severn Bancorp, Inc. operates as the holding firm for Severn Savings Bank, FSB that provides a range of personal and commercial banking services and products in Maryland, Delaware, and Virginia. The company has market cap of $91.53 million. The Company’s deposit products include checking, savings, money market, time deposit, and individual retirement accounts. It has a 35.77 P/E ratio. The companyÂ’s loan portfolio comprises residential mortgage loans; commercial real estate loans; construction and land acquisition, and development loans for the construction of one-to-four family dwellings; land loans for the development of residential subdivisions and loans on unimproved lots; business and commercial loans; and home equity loans, home equity lines of credit, and other consumer loans.

Vantage Investment Advisors Llc decreased Discover Financial Services (DFS) stake by 97.8% reported in 2017Q3 SEC filing. Vantage Investment Advisors Llc sold 52,867 shares as Discover Financial Services (DFS)’s stock declined 15.69%. The Vantage Investment Advisors Llc holds 1,191 shares with $77,000 value, down from 54,058 last quarter. Discover Financial Services now has $28.98 billion valuation. The stock increased 0.29% or $0.23 during the last trading session, reaching $79.76. About 754,980 shares traded. Discover Financial Services (NYSE:DFS) has risen 10.42% since February 20, 2017 and is uptrending. It has underperformed by 6.28% the S&P500.

Vantage Investment Advisors Llc increased Home Depot (NYSE:HD) stake by 3,008 shares to 36,237 valued at $5.93M in 2017Q3. It also upped Emerson Electric Co (NYSE:EMR) stake by 7,384 shares and now owns 7,657 shares. Comcast Corporation A (NASDAQ:CMCSA) was raised too.

Among 32 analysts covering Discover Financial Services (NYSE:DFS), 22 have Buy rating, 1 Sell and 9 Hold. Therefore 69% are positive. Discover Financial Services had 90 analyst reports since July 24, 2015 according to SRatingsIntel. On Monday, January 8 the stock rating was maintained by RBC Capital Markets with “Buy”. On Thursday, February 11 the stock rating was downgraded by Bank of America to “Neutral”. On Wednesday, October 25 the stock rating was maintained by Nomura with “Buy”. On Wednesday, October 25 the stock rating was maintained by Bank of America with “Neutral”. The firm earned “Overweight” rating on Thursday, January 25 by Barclays Capital. The stock of Discover Financial Services (NYSE:DFS) has “Hold” rating given on Wednesday, January 24 by BMO Capital Markets. The stock of Discover Financial Services (NYSE:DFS) has “Buy” rating given on Thursday, June 29 by RBC Capital Markets. The stock has “Hold” rating by BMO Capital Markets on Wednesday, April 12. RBC Capital Markets maintained Discover Financial Services (NYSE:DFS) on Tuesday, August 1 with “Buy” rating. The firm has “Overweight” rating by Barclays Capital given on Monday, December 11.

Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.14, from 0.91 in 2017Q2. It is negative, as 71 investors sold DFS shares while 261 reduced holdings. 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. 306,116 are owned by Nuveen Asset Mngmt Ltd Liability Corp. First In has invested 0.02% of its portfolio in Discover Financial Services (NYSE:DFS). Exxonmobil Mngmt Tx owns 67,997 shares for 0.11% of their portfolio. 263,695 were accumulated by Putnam Ltd Liability Com. Cipher Cap LP reported 21,017 shares. State Treasurer State Of Michigan invested in 0.06% or 112,943 shares. Shamrock Asset Mngmt Lc holds 0.01% of its portfolio in Discover Financial Services (NYSE:DFS) for 283 shares. Hancock Hldg has 220,262 shares for 0.6% of their portfolio. Utah Retirement reported 0.1% stake. 135,826 were accumulated by Quantum Cap Mgmt. Roffman Miller Associate Pa holds 223,246 shares. Santa Barbara Asset Management Limited Liability reported 65,242 shares. Vantage Investment Advsrs Ltd Llc holds 1,191 shares or 0.02% of its portfolio. Midas Management reported 0.75% of its portfolio in Discover Financial Services (NYSE:DFS). Louisiana State Employees Retirement, Louisiana-based fund reported 23,200 shares.

The stock decreased 0.33% or $0.03 during the last trading session, reaching $7.47. About 4,352 shares traded. Severn Bancorp, Inc. (SVBI) has risen 26.33% since February 20, 2017 and is uptrending. It has outperformed by 9.63% the S&P500.

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