Capital One Financial Corp. (COF) : Cornercap Investment Counsel Inc reduced its stake in Capital One Financial Corp. by 3.05% during the most recent quarter end. The investment management company now holds a total of 114,122 shares of Capital One Financial Corp. which is valued at $7,760,296 after selling 3,595 shares in Capital One Financial Corp. , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Capital One Financial Corp. makes up approximately 1.39% of Cornercap Investment Counsel Inc’s portfolio.
Other Hedge Funds, Including , Guyasuta Investment Advisors Inc sold out all of its stake in COF during the most recent quarter. The investment firm sold 6,450 shares of COF which is valued $438,600.Comerica Bank reduced its stake in COF by selling 12,803 shares or 3.02% in the most recent quarter. The Hedge Fund company now holds 411,227 shares of COF which is valued at $27,963,436. Capital One Financial Corp. makes up approx 0.24% of Comerica Bank’s portfolio.Blair William Coil boosted its stake in COF in the latest quarter, The investment management firm added 30,701 additional shares and now holds a total of 40,258 shares of Capital One Financial Corp. which is valued at $2,735,129. Capital One Financial Corp. makes up approx 0.02% of Blair William Coil’s portfolio.Hosking Partners Llp boosted its stake in COF in the latest quarter, The investment management firm added 64,239 additional shares and now holds a total of 491,032 shares of Capital One Financial Corp. which is valued at $32,678,180. Capital One Financial Corp. makes up approx 1.27% of Hosking Partners Llp’s portfolio.Sg Americas Securities reduced its stake in COF by selling 52,063 shares or 88.45% in the most recent quarter. The Hedge Fund company now holds 6,799 shares of COF which is valued at $452,473.
Capital One Financial Corp. opened for trading at $69.13 and hit $70.055 on the upside on Monday, eventually ending the session at $69.63, with a gain of 0.68% or 0.47 points. The heightened volatility saw the trading volume jump to 30,15,179 shares. Company has a market cap of $35,238 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 Companys 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.