As Discover Finl Svcs (DFS) Share Value Declined, Gam Holding Ag Raised Holding; Lumina Fund Management Trimmed Hain Celestial Group (HAIN) Holding as Stock Price Declined

August 12, 2018 - By Jack Shaw

Discover Financial Services (NYSE:DFS) Logo

Gam Holding Ag increased its stake in Discover Finl Svcs (DFS) by 52.06% based on its latest 2018Q1 regulatory filing with the SEC. Gam Holding Ag bought 7,432 shares as the company’s stock declined 5.51% with the market. The institutional investor held 21,707 shares of the consumer services company at the end of 2018Q1, valued at $1.56 million, up from 14,275 at the end of the previous reported quarter. Gam Holding Ag who had been investing in Discover Finl Svcs for a number of months, seems to be bullish on the $25.54B market cap company. The stock decreased 1.52% or $1.15 during the last trading session, reaching $74.52. About 3.48 million shares traded or 69.10% up from the average. Discover Financial Services (NYSE:DFS) has risen 28.73% since August 12, 2017 and is uptrending. It has outperformed by 16.16% the S&P500. Some Historical DFS News: 16/04/2018 – Discover Financial Services: Ending Loans $65.6 Billion as of March 31; 04/04/2018 – NY DoFS: DFS APPROVES NEW ENTRANT TO NEW YORK INSURANCE MARKET; 17/05/2018 – NY DFS:PAXOS TRUST CAN OFFER BANKCHAIN PRECIOUS METALS PLATFORM; 25/04/2018 – NY DoFS: DFS SUPERINTENDENT VULLO ANNOUNCES NEXT PHASE OF NEW YORK’S EXPANDED PARTICIPATION IN STATE-BASED NMLS PLATFORM,; 26/04/2018 – Discover Financial 1Q Net $666M; 24/04/2018 – AlphaStreak Develops First Ever March Madness DFS Bracketology Tournament Contest; 26/04/2018 – DISCOVER FINANCIAL SERVICES QTRLY TOTAL NET CHARGE-OFF RATE, EXCLUDING PURCHASED CREDIT-IMPAIRED LOANS, INCREASED 48 BASIS POINTS FROM PRIOR YR TO 3.17%; 17/04/2018 – Chamber of Digital Commerce Welcomes Discover Financial Services to Its Executive Committee; 12/04/2018 – NY Insur Dept: Letter Issued From DFS to Insurers is Available Here; 16/04/2018 – Discover Financial Services: Net Principal Charge-Off Rate 3.3% as of March 31

Lumina Fund Management Llc decreased its stake in Hain Celestial Group Inc (HAIN) by 16.18% based on its latest 2018Q1 regulatory filing with the SEC. Lumina Fund Management Llc sold 20,000 shares as the company’s stock declined 25.31% with the market. The institutional investor held 103,600 shares of the consumer non-durables company at the end of 2018Q1, valued at $3.32M, down from 123,600 at the end of the previous reported quarter. Lumina Fund Management Llc who had been investing in Hain Celestial Group Inc for a number of months, seems to be less bullish one the $3.04 billion market cap company. The stock decreased 1.44% or $0.41 during the last trading session, reaching $28.09. About 817,915 shares traded. The Hain Celestial Group, Inc. (NASDAQ:HAIN) has declined 27.22% since August 12, 2017 and is downtrending. It has underperformed by 39.79% the S&P500. Some Historical HAIN News: 08/05/2018 – Hain is currently selling its protein business; 08/05/2018 – Hain stock sinks as earnings disappoint and forecast slashed; 08/05/2018 – HAIN CELESTIAL REITERATES ANNUAL NET SALES OUTLOOK; 04/05/2018 – Utz auction advances, draws Campbell look; 08/05/2018 – HAIN SEES YR ADJ. EPS $1.11-$1.18, MAY NOT COMPARE TO EST; 08/05/2018 – HAIN CELESTIAL 3Q ADJ EBITDA $73.4M, EST. $92.8M; 08/05/2018 – Hain Celestial 3Q EPS 12c; 08/05/2018 – Hain Celestial 3q Adjusted EBITDA $73.4M; 08/05/2018 – HAIN CELESTIAL 3Q ADJ EPS 37C, EST. 47C; 08/05/2018 – HAIN CELESTIAL GROUP INC – EXPECTS TO COMPLETE DIVESTITURE OF HAIN PURE PROTEIN DURING FIRST HALF OF FISCAL 2019

More news for Discover Financial Services (NYSE:DFS) were recently published by: Fool.com, which released: “3 (Mostly) Bullish Takeaways From Discover’s Quarter” on August 06, 2018. Seekingalpha.com‘s article titled: “Discover expands alliance with Taiwan payment network” and published on July 31, 2018 is yet another important article.

Among 33 analysts covering Discover Financial Services (NYSE:DFS), 21 have Buy rating, 0 Sell and 12 Hold. Therefore 64% are positive. Discover Financial Services had 103 analyst reports since July 24, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with “Hold” rating in Thursday, February 18 report. The stock of Discover Financial Services (NYSE:DFS) has “Hold” rating given on Wednesday, April 12 by BMO Capital Markets. The company was initiated on Tuesday, March 27 by UBS. The firm has “Hold” rating given on Wednesday, October 25 by Compass Point. On Wednesday, April 20 the stock rating was maintained by JP Morgan with “Neutral”. The company was maintained on Tuesday, August 1 by RBC Capital Markets. Jefferies maintained the shares of DFS in report on Wednesday, January 10 with “Buy” rating. The firm has “Outperform” rating given on Tuesday, October 6 by Oppenheimer. The company was upgraded on Monday, December 11 by Barclays Capital. Wood maintained the stock with “Buy” rating in Tuesday, April 11 report.

Gam Holding Ag, which manages about $2.83 billion US Long portfolio, decreased its stake in W R Berkley Corporation (NYSE:WRB) by 12,028 shares to 197,982 shares, valued at $14.39 million in 2018Q1, according to the filing. It also reduced its holding in Darden Restaurants Inc (NYSE:DRI) by 10,288 shares in the quarter, leaving it with 12,293 shares, and cut its stake in Intel Corp (NASDAQ:INTC).

Investors sentiment decreased to 0.8 in Q1 2018. Its down 0.07, from 0.87 in 2017Q4. It is negative, as 44 investors sold DFS shares while 281 reduced holdings. 84 funds opened positions while 176 raised stakes. 295.39 million shares or 0.43% less from 296.68 million shares in 2017Q4 were reported. 2.10M are owned by Lord Abbett Co Ltd Liability Co. Corbyn Investment Md reported 238,093 shares. Monroe State Bank Mi owns 390 shares. First Manhattan invested in 0.14% or 334,798 shares. Salem Inv Counselors owns 0.43% invested in Discover Financial Services (NYSE:DFS) for 53,924 shares. Signaturefd Lc invested 0.02% of its portfolio in Discover Financial Services (NYSE:DFS). Bluemountain Mgmt Limited Liability Co has 1,184 shares for 0% of their portfolio. Sentinel Lba owns 90,646 shares or 1.38% of their US portfolio. Commonwealth Natl Bank Of Australia, a Australia-based fund reported 59,128 shares. Moreover, Corsair Mngmt Ltd Partnership has 0.21% invested in Discover Financial Services (NYSE:DFS). 15,930 were accumulated by Whitnell & Company. Gradient Invests Limited Company reported 7 shares. 8,558 were accumulated by Boys Arnold Incorporated. Duncker Streett invested in 0.5% or 27,657 shares. Segall Bryant & Hamill Limited Liability Company stated it has 157,425 shares.

More news for The Hain Celestial Group, Inc. (NASDAQ:HAIN) were recently published by: Streetinsider.com, which released: “Hungry for growth, food makers seek new flavor of CEO” on August 09, 2018. Fool.com‘s article titled: “5 Stocks That Spoke to Brexit, 2 Years Later: Hain Celestial” and published on July 17, 2018 is yet another important article.

Analysts await The Hain Celestial Group, Inc. (NASDAQ:HAIN) to report earnings on September, 4. They expect $0.26 EPS, down 39.53% or $0.17 from last year’s $0.43 per share. HAIN’s profit will be $28.18M for 27.01 P/E if the $0.26 EPS becomes a reality. After $0.37 actual EPS reported by The Hain Celestial Group, Inc. for the previous quarter, Wall Street now forecasts -29.73% negative EPS growth.

Since February 28, 2018, it had 1 buy, and 0 sales for $49.02 million activity.

Lumina Fund Management Llc, which manages about $805.90M and $1.12B US Long portfolio, upped its stake in Comcast Corp New (NASDAQ:CMCSA) by 69,100 shares to 89,100 shares, valued at $3.05M in 2018Q1, according to the filing.

Among 31 analysts covering Hain Celestial Group (NASDAQ:HAIN), 12 have Buy rating, 2 Sell and 17 Hold. Therefore 39% are positive. Hain Celestial Group had 96 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Underweight” rating given on Tuesday, August 16 by PiperJaffray. Oppenheimer maintained The Hain Celestial Group, Inc. (NASDAQ:HAIN) on Wednesday, November 4 with “Perform” rating. On Tuesday, June 13 the stock rating was maintained by BMO Capital Markets with “Buy”. As per Tuesday, August 29, the company rating was maintained by Oppenheimer. The company was maintained on Tuesday, January 12 by Oppenheimer. The stock has “Neutral” rating by Atlantic Securities on Friday, November 18. The firm earned “Hold” rating on Friday, February 17 by Argus Research. On Monday, October 19 the stock rating was initiated by Buckingham Research with “Neutral”. The rating was maintained by Oppenheimer with “Hold” on Friday, June 30. The stock has “Buy” rating by Jefferies on Tuesday, April 3.

Investors sentiment decreased to 1.04 in 2018 Q1. Its down 0.07, from 1.11 in 2017Q4. It fall, as 38 investors sold HAIN shares while 101 reduced holdings. 49 funds opened positions while 96 raised stakes. 94.04 million shares or 4.03% more from 90.39 million shares in 2017Q4 were reported. Point72 Asset Mgmt Lp accumulated 539,800 shares. Carroll Fincl Assocs stated it has 186 shares or 0% of all its holdings. Connor Clark & Lunn Management holds 0.05% or 269,500 shares. X Management Llc has 2,310 shares for 0% of their portfolio. Paragon Associate And Paragon Associate Ii Joint Venture has 2.8% invested in The Hain Celestial Group, Inc. (NASDAQ:HAIN) for 60,000 shares. Stone Ridge Asset Llc holds 0.07% or 35,266 shares in its portfolio. Maple Capital Management Inc holds 0.08% or 10,330 shares in its portfolio. Teachers Retirement Of The State Of Kentucky has 19,420 shares for 0.01% of their portfolio. Northwestern Mutual Wealth owns 0% invested in The Hain Celestial Group, Inc. (NASDAQ:HAIN) for 265 shares. Great Lakes Advsrs Lc holds 63,937 shares. Philadelphia Com reported 299,968 shares. Sei accumulated 65,177 shares. 20,442 are held by Liberty Mutual Asset Management. 2,615 were reported by Prelude Mgmt Ltd Company. Williams Jones And Assocs Limited Liability accumulated 0.01% or 17,100 shares.

The Hain Celestial Group, Inc. (NASDAQ:HAIN) Institutional Positions Chart

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