Cypress Asset Management Stake in Texas Instrs (TXN) Raised by $323,317; Discover Finl Svcs (DFS) Shareholder Retirement Systems Of Alabama Cut Stake

August 10, 2018 - By Joshua Cleveland

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Retirement Systems Of Alabama decreased its stake in Discover Finl Svcs (DFS) by 3.76% based on its latest 2018Q1 regulatory filing with the SEC. Retirement Systems Of Alabama sold 6,625 shares as the company’s stock declined 5.51% with the market. The institutional investor held 169,474 shares of the consumer services company at the end of 2018Q1, valued at $12.19 million, down from 176,099 at the end of the previous reported quarter. Retirement Systems Of Alabama who had been investing in Discover Finl Svcs for a number of months, seems to be less bullish one the $25.58B market cap company. The stock decreased 1.36% or $1.03 during the last trading session, reaching $74.64. About 2.55M shares traded or 26.01% up from the average. Discover Financial Services (NYSE:DFS) has risen 28.73% since August 10, 2017 and is uptrending. It has outperformed by 16.16% the S&P500. Some Historical DFS News: 24/05/2018 – LITHIUM POWER INTERNATIONAL – CEO EPLACEMENT PROCESS WON’T IMPEDE ONGOING DFS AND PERMITTING PROCESS IN CHILE FOR MARICUNGA LITHIUM BRINE PROJECT; 22/05/2018 – DFS FURNITURE PLC DFSD.L SAYS IAN FILBY WILL BE RETIRING AS CEO; 15/03/2018 – Discover Financial Services: Average Loans $66.0B as of Feb 28; 26/04/2018 – DISCOVER FINANCIAL SERVICES – QTRLY NET INTEREST INCOME $2,100 MLN VS $1,892 MLN REPORTED LAST YEAR; 16/04/2018 – Discover Financial Services: Average Loans $65.3 Billion as of March 31; 24/04/2018 – NY DFS ORDERS INSURERS TO UPDATE RESPONSE & RECOVERY PLANS; 17/05/2018 – NY DFS GRANTS VIRTUAL CURRENCY LICENSE TO GENESIS GLOBAL; 20/04/2018 – DISCOVER FINANCIAL SERVICES DFS.N SETS QUARTERLY CASH DIVIDEND OF $0.35/SHR; 17/05/2018 – Discover Financial Rises for 10 Days; Tied for Longest Rally; 26/04/2018 – DISCOVER 1Q CREDIT CARD LOANS GREW 10% TO $65.6B

Cypress Asset Management Inc increased its stake in Texas Instrs Inc (TXN) by 93.53% based on its latest 2018Q1 regulatory filing with the SEC. Cypress Asset Management Inc bought 3,139 shares as the company’s stock rose 1.76% while stock markets declined. The institutional investor held 6,495 shares of the semiconductors company at the end of 2018Q1, valued at $675,000, up from 3,356 at the end of the previous reported quarter. Cypress Asset Management Inc who had been investing in Texas Instrs Inc for a number of months, seems to be bullish on the $106.62B market cap company. The stock decreased 4.08% or $4.67 during the last trading session, reaching $109.67. About 4.89M shares traded or 15.09% up from the average. Texas Instruments Incorporated (NASDAQ:TXN) has risen 38.09% since August 10, 2017 and is uptrending. It has outperformed by 25.52% the S&P500. Some Historical TXN News: 02/05/2018 – Diamond Hill Adds Texas Instruments, Exits Ford: 13F; 18/04/2018 – Texas Instruments recognizes 10 suppliers for excellence; 18/04/2018 – Nuveen Santa Barbara Adds Texas Instruments; 02/05/2018 – TI simplifies space-constrained automotive application designs with robust, reliable 100BASE-T1 Ethernet PHY; 24/04/2018 – TEXAS INSTRUMENTS SEES 2Q REV. $3.78B TO $4.10B, EST. $3.90B; 30/05/2018 – Texas Instruments at AllianceBernstein Conference Tomorrow; 24/04/2018 – Texas Instruments 1Q EPS $1.35; 01/05/2018 – Fitch Rates Texas Instruments’ $1.3B Senior Notes Offering ‘A+’; 30/05/2018 – From vehicles to the factory, Tl mmWave sensors create a smarter world; 24/04/2018 – Texas Instruments’ profit rises 37 percent in first quarter

More news for Texas Instruments Incorporated (NASDAQ:TXN) were recently published by: Nasdaq.com, which released: “New Research Coverage Highlights Texas Instruments, Biogen, Sanchez Energy, Amazon, Sirius XM, and JPMorgan …” on July 30, 2018. Nasdaq.com‘s article titled: “Texas Instruments CEO Resigns Over Personal Conduct Violations” and published on July 18, 2018 is yet another important article.

Among 43 analysts covering Texas Instruments (NASDAQ:TXN), 22 have Buy rating, 3 Sell and 18 Hold. Therefore 51% are positive. Texas Instruments had 126 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Buy” rating given on Wednesday, July 26 by Susquehanna. The company was maintained on Wednesday, July 26 by Morgan Stanley. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Buy” rating given on Thursday, August 31 by BMO Capital Markets. The rating was maintained by Morgan Stanley on Wednesday, April 25 with “Equal-Weight”. Drexel Hamilton maintained the shares of TXN in report on Tuesday, July 25 with “Buy” rating. The stock has “Overweight” rating by JP Morgan on Wednesday, January 24. The firm earned “Buy” rating on Tuesday, July 26 by Bank of America. RBC Capital Markets maintained Texas Instruments Incorporated (NASDAQ:TXN) rating on Friday, July 1. RBC Capital Markets has “Outperform” rating and $66 target. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, January 25. As per Thursday, May 25, the company rating was maintained by Stifel Nicolaus.

Since February 15, 2018, it had 0 buys, and 4 sales for $29.27 million activity. 52,698 Texas Instruments Incorporated (NASDAQ:TXN) shares with value of $5.81M were sold by RITCHIE KEVIN J. ANDERSKOUV NIELS sold $11.30M worth of stock.

Cypress Asset Management Inc, which manages about $341.47M US Long portfolio, decreased its stake in Boeing Co (NYSE:BA) by 1,939 shares to 3,280 shares, valued at $1.08 million in 2018Q1, according to the filing. It also reduced its holding in Analog Devices Inc (NASDAQ:ADI) by 3,615 shares in the quarter, leaving it with 41,527 shares, and cut its stake in 3M Co (NYSE:MMM).

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.11, from 1.01 in 2017Q4. It worsened, as 65 investors sold TXN shares while 408 reduced holdings. 119 funds opened positions while 308 raised stakes. 800.61 million shares or 0.62% less from 805.57 million shares in 2017Q4 were reported. Burt Wealth Advsr invested in 0.01% or 146 shares. Bragg Financial Advsr Incorporated has 82,245 shares for 1.25% of their portfolio. Diamond Hill Cap Management Incorporated reported 1.07M shares. Oakbrook Invs Ltd accumulated 0.04% or 6,000 shares. Pensionfund Dsm Netherlands owns 43,600 shares. Moreover, Allen Lc has 0.01% invested in Texas Instruments Incorporated (NASDAQ:TXN) for 3,416 shares. Teacher Retirement Of Texas owns 733,840 shares. Beese Fulmer Management Inc, Ohio-based fund reported 23,270 shares. Raub Brock Capital Management Limited Partnership reported 4.29% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). X Management Ltd Liability reported 0.02% stake. Spc has invested 0.56% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Tiemann Invest Advisors Limited Liability Corp, California-based fund reported 1,940 shares. Hanson And Doremus Investment accumulated 500 shares. 9,850 were accumulated by Cadinha Company Lc. Hartford Mgmt stated it has 0.84% in Texas Instruments Incorporated (NASDAQ:TXN).

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.

Investors sentiment decreased to 0.8 in Q1 2018. Its down 0.07, from 0.87 in 2017Q4. It turned 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. Loomis Sayles LP has 253,547 shares. E&G LP holds 0.13% or 4,100 shares in its portfolio. Cleararc Cap Incorporated, a Ohio-based fund reported 9,084 shares. Amp Cap Invsts Ltd owns 239,961 shares or 0.1% of their US portfolio. Advisory Research owns 156,213 shares for 0.2% of their portfolio. Bradley Foster And Sargent Inc Ct invested in 0.04% or 14,763 shares. Captrust Financial Advisors reported 311 shares. Bp Public Ltd Company owns 41,000 shares or 0.11% of their US portfolio. Community Fincl Bank Of Raymore reported 0.12% in Discover Financial Services (NYSE:DFS). Andra Ap holds 134,500 shares or 0.25% of its portfolio. Metropolitan Life invested 0% in Discover Financial Services (NYSE:DFS). Estabrook Mngmt accumulated 50 shares or 0% of the stock. Moreover, Davenport & Company Ltd Liability Corp has 0% invested in Discover Financial Services (NYSE:DFS) for 3,074 shares. Deroy Devereaux Private Inv Counsel Incorporated accumulated 232,114 shares. Virginia Retirement Sys Et Al stated it has 0.02% of its portfolio in Discover Financial Services (NYSE:DFS).

Analysts await Discover Financial Services (NYSE:DFS) to report earnings on October, 23. They expect $2.01 EPS, up 26.42% or $0.42 from last year’s $1.59 per share. DFS’s profit will be $688.74 million for 9.28 P/E if the $2.01 EPS becomes a reality. After $1.91 actual EPS reported by Discover Financial Services for the previous quarter, Wall Street now forecasts 5.24% EPS growth.

Retirement Systems Of Alabama, which manages about $20.23B US Long portfolio, upped its stake in Potlatchdeltic Corporation (NASDAQ:PCH) by 25,229 shares to 77,738 shares, valued at $4.05 million in 2018Q1, according to the filing. It also increased its holding in Ppl Corp (NYSE:PPL) by 270,585 shares in the quarter, for a total of 984,361 shares, and has risen its stake in Ilg Inc.

Discover Financial Services (NYSE:DFS) Institutional Positions Chart

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