First Mercantile Trust Co Lowers stake in Capital One Financial Corp. (COF)

Capital One Financial Corp. (COF) : First Mercantile Trust Co reduced its stake in Capital One Financial Corp. by 22.74% during the most recent quarter end. The investment management company now holds a total of 10,275 shares of Capital One Financial Corp. which is valued at $750,589 after selling 3,025 shares in Capital One Financial Corp. , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Capital One Financial Corp. makes up approximately 0.10% of First Mercantile Trust Co’s portfolio.

Other Hedge Funds, Including , Trust Co Of Oklahoma reduced its stake in COF by selling 181 shares or 0.72% in the most recent quarter. The Hedge Fund company now holds 24,835 shares of COF which is valued at $1,814,197. Capital One Financial Corp. makes up approx 1.01% of Trust Co Of Oklahoma’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.Washington Trust Bank boosted its stake in COF in the latest quarter, The investment management firm added 68 additional shares and now holds a total of 143 shares of Capital One Financial Corp. which is valued at $10,539.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. Norman Fields Gottscho Capital Management sold out all of its stake in COF during the most recent quarter. The investment firm sold 14,070 shares of COF which is valued $1,036,959.

Capital One Financial Corp. opened for trading at $73.14 and hit $73.71 on the upside on Friday, eventually ending the session at $73.05, with a gain of 0.01% or 0.01 points. The heightened volatility saw the trading volume jump to 26,95,101 shares. Company has a market cap of $36,969 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.

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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