NEW YORK, April 24, 2017 /PRNewswire/ --
This morning's featured equities on Stock-Callers.com are: Navient Corp. (NASDAQ: NAVI), Capital One Financial Corp. (NYSE: COF), Discover Financial Services (NYSE: DFS), and CIT Group Inc. (NYSE: CIT). The Credit Services companies originate, acquire, and service loans to individuals and corporations, and are generally structured as corporations, and offer above-average dividend yields. Download the free research reports on these stocks today:
Wilmington, Delaware headquartered Navient Corp.'s stock saw a decline of 1.44%, finishing last Friday's trading session at $15.78. A total volume of 4.30 million shares was traded, which was above their three months average volume of 2.43 million shares. The Company's shares have gained 13.36% in the last month. The stock is trading above its 50-day and 200-day moving averages by 6.26% and 7.15%, respectively. Additionally, shares of Navient, which provides asset management and business processing services to education, health care, and government clients at the federal, state, and local levels in the US, have a Relative Strength Index (RSI) of 65.95.
On April 18th, 2017, Navient announced that it has reached an agreement to purchase JPMorgan Chase's approximately $6.9 billion education loan portfolio. The portfolio comprises of approximately $3.7 billion in federally guaranteed student loans, of which $1.6 are securitized, and approximately $3.2 billion in whole private education loans. See our free and comprehensive research report on NAVI at:
Capital One Financial
Shares in McLean, Virginia headquartered Capital One Financial Corp. ended at $82.67, down 1.25% from the last trading session. The stock recorded a trading volume of 2.52 million shares. The Company's shares are trading 4.23% above their 200-day moving average. Moreover, shares of Capital One Financial, which operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the US, the UK, and Canada, have an RSI of 41.22.
On March 29th, 2017, research firm Instinet upgraded the Company's stock rating from 'Neutral' to 'Buy'.
On April 04th, 2017, Capital One Financial announced that its latest Small Business Growth Index found 50% of small business owners overall feel current business conditions are good or excellent, up from 41% a year ago, and the same percentage expects to see conditions improve in the next six months - the highest level reported since spring 2012. COF free research report PDF is just a click away at:
On Friday, shares in Riverwoods, Illinois-based Discover Financial Services recorded a trading volume of 2.85 million shares, which was above their three months average volume of 2.23 million shares. The stock declined 0.69%, closing the day at $66.23. The Company's shares are trading 4.26% above their 200-day moving average. Additionally, shares of Discover Financial Services, which through its subsidiaries, operates as a direct banking and payment services company in the US, have an RSI of 44.56.
On April 20th, 2017, Discover Financial Services announced that its Board of Directors declared a quarterly cash dividend on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of $16.25 per share. The dividend equals $0.40625 per depositary share, each representing 1/40th interest in a share of the Series B Preferred Stock. The dividend will be payable on June 01st, 2017 to the holders of record at the close of business on May 15th, 2017. Sign up for your complimentary report on DFS at:
At the close of trading on Friday, shares in Livingston, New Jersey-based CIT Group Inc. recorded a trading volume of 1.60 million shares. The stock finished the session 0.32% lower at $43.60. The Company's shares have gained 7.60% in the past month, 3.82% in the previous three months, and 2.53% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.36% and 11.70%, respectively. Furthermore, shares of CIT Group, which operates as the bank holding company for CIT Bank, National Association that provides banking and related services to commercial and individual customers, have an RSI of 54.98.
On March 27th, 2017, research firm Morgan Stanley initiated an 'Equal-Weight' rating on the Company's stock, with a target price of $45 per share.
On April 18th, 2017, CIT Group announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per common share on its outstanding common stock. The common stock dividend is payable on May 26th, 2017 to common shareholders of record as of May 12th, 2017. Register for free on Stock-Callers.com and download the latest research report on CIT at:
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