Technical Reports on Credit Services Stocks -- Navient, Capital One Financial, Discover Financial, and CIT Group
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:
http://stock-callers.com/registration
Navient
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:
http://stock-callers.com/registration/?symbol=NAVI
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:
http://stock-callers.com/registration/?symbol=COF
Discover Financial
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:
http://stock-callers.com/registration/?symbol=DFS
CIT Group
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:
http://stock-callers.com/registration/?symbol=CIT
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article