Discover Financial Services saw increased investor stakes and reported strong earnings and a dividend.

Janney Montgomery Scott LLC increased its stake in Discover Financial Services by 3.5%, buying 611 shares, while other institutional investors also boosted their holdings. Discover Financial Services reported better-than-expected earnings of $5.11 per share for the quarter and declared a $0.70 quarterly dividend. Analysts predict the company will post 13.39 EPS for the year, with a consensus target price of $182.64. The company provides digital banking and payment services in the U.S.

2 months ago
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