Ironwood Investment Counsel Lowers stake in Capital One Financial Corp. (COF)

Capital One Financial Corp. (COF) : Ironwood Investment Counsel reduced its stake in Capital One Financial Corp. by 9.61% during the most recent quarter end. The investment management company now holds a total of 25,564 shares of Capital One Financial Corp. which is valued at $1,738,352 after selling 2,717 shares in Capital One Financial Corp. , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Capital One Financial Corp. makes up approximately 0.99% of Ironwood Investment Counsel’s portfolio.

Other Hedge Funds, Including , Dynamic Technology Lab Private Ltd added COF to its portfolio by purchasing 5,184 company shares during the most recent quarter which is valued at $352,512. Capital One Financial Corp. makes up approx 0.09% of Dynamic Technology Lab Private Ltd’s portfolio. Nippon Life Global Investors Americas added COF to its portfolio by purchasing 148,010 company shares during the most recent quarter which is valued at $10,055,799. Capital One Financial Corp. makes up approx 0.92% of Nippon Life Global Investors Americas’s portfolio.Reliant Investment Management boosted its stake in COF in the latest quarter, The investment management firm added 420 additional shares and now holds a total of 32,210 shares of Capital One Financial Corp. which is valued at $2,143,576. Capital One Financial Corp. makes up approx 1.87% of Reliant Investment Management’s portfolio.Goelzer Investment Management reduced its stake in COF by selling 5,080 shares or 6.18% in the most recent quarter. The Hedge Fund company now holds 77,120 shares of COF which is valued at $5,169,354. Capital One Financial Corp. makes up approx 0.69% of Goelzer Investment Management’s portfolio.Peddock Capital Advisors boosted its stake in COF in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 9,245 shares of Capital One Financial Corp. which is valued at $629,769. Capital One Financial Corp. makes up approx 0.39% of Peddock Capital Advisors’s portfolio.

Capital One Financial Corp. opened for trading at $68.04 and hit $68.68 on the upside on Friday, eventually ending the session at $68.56, with a gain of 0.51% or 0.35 points. The heightened volatility saw the trading volume jump to 24,73,532 shares. Company has a market cap of $34,697 M.

On the company’s financial health, Capital One Financial Corp. reported $1.84 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on Apr 26, 2016. Analyst had a consensus of $1.91. The company had revenue of $6220.00 million for the quarter, compared to analysts expectations of $6151.16 million. The company’s revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.00 EPS.

Many Wall Street Analysts have commented on Capital One Financial Corp.. DA Davidson Upgraded Capital One Financial Corp. on Jul 8, 2016 to ” Buy”, Price Target of the shares are set at $76.Capital One Financial Corp. was Downgraded by Sterne Agee CRT to ” Underperform” on Jun 8, 2016.

Capital One Financial Corp is a diversified financial services holding company. The Company and its subsidiaries offer a range of financial products and services to consumers small businesses and commercial clients through branches the Internet and other distribution channels. In addition to bank lending treasury management and depository services the Company offers credit and debit card products auto loans and mortgage banking in markets across the United States. The Company operates three primary business segments: Credit Card Consumer Banking and Commercial Banking. The Company’s principal subsidiaries include the following: Capital One Bank (USA) National Association (COBNA) which offers credit and debit card products other lending products and deposit products and Capital One National Association (CONA) which offers a range of banking products and financial services to consumers small businesses and commercial clients.

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