American National Bank Lowers stake in Capital One Financial Corp. (COF)

Capital One Financial Corp. (COF) : American National Bank reduced its stake in Capital One Financial Corp. by 0.41% during the most recent quarter end. The investment management company now holds a total of 56,534 shares of Capital One Financial Corp. which is valued at $4,043,877 after selling 233 shares in Capital One Financial Corp. , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.Capital One Financial Corp. makes up approximately 1.37% of American National Bank’s portfolio.

Other Hedge Funds, Including , Investment Management Of Virginia reduced its stake in COF by selling 9,589 shares or 68.91% in the most recent quarter. The Hedge Fund company now holds 4,326 shares of COF which is valued at $307,449. Capital One Financial Corp. makes up approx 0.08% of Investment Management Of Virginia’s portfolio.Verus Financial Partners reduced its stake in COF by selling 46 shares or 0.58% in the most recent quarter. The Hedge Fund company now holds 7,855 shares of COF which is valued at $558,255. Capital One Financial Corp. makes up approx 0.25% of Verus Financial Partners’s portfolio.Chevy Chase Trust Holdings reduced its stake in COF by selling 15,291 shares or 3.44% in the most recent quarter. The Hedge Fund company now holds 429,591 shares of COF which is valued at $31,660,857. Capital One Financial Corp. makes up approx 0.17% of Chevy Chase Trust Holdings’s portfolio.West Oak Capital reduced its stake in COF by selling 91 shares or 16.19% in the most recent quarter. The Hedge Fund company now holds 471 shares of COF which is valued at $34,713. Capital One Financial Corp. makes up approx 0.02% of West Oak Capital’s portfolio.

Capital One Financial Corp. opened for trading at $71.71 and hit $72.2 on the upside on Friday, eventually ending the session at $71.53, with a gain of 0.65% or 0.46 points. The heightened volatility saw the trading volume jump to 28,72,566 shares. Company has a market cap of $36,200 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.. Wedbush Initiated Capital One Financial Corp. on Oct 11, 2016 to “Neutral”, Price Target of the shares are set at $78.

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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