Capital One Financial Corp. (COF) : Prosiris Capital Management Lp has sold out all of its stake in Capital One Financial Corp. during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 47,500 shares of Capital One Financial Corp. which is valued at $3,230,000.
Other Hedge Funds, Including , Edgar Lomax Cova boosted its stake in COF in the latest quarter, The investment management firm added 10,935 additional shares and now holds a total of 217,035 shares of Capital One Financial Corp. which is valued at $14,758,380. Capital One Financial Corp. makes up approx 0.91% of Edgar Lomax Cova’s portfolio.Fic Capital Inc reduced its stake in COF by selling 9,445 shares or 24.79% in the most recent quarter. The Hedge Fund company now holds 28,660 shares of COF which is valued at $1,948,880. Capital One Financial Corp. makes up approx 0.88% of Fic Capital Inc’s portfolio. Zweig-dimenna Associates added COF to its portfolio by purchasing 3,600 company shares during the most recent quarter which is valued at $244,584. Capital One Financial Corp. makes up approx 0.02% of Zweig-dimenna Associates’s portfolio.Rockefeller Financial Services Inc reduced its stake in COF by selling 14,573 shares or 1.11% in the most recent quarter. The Hedge Fund company now holds 1,296,220 shares of COF which is valued at $86,885,627. Capital One Financial Corp. makes up approx 1.67% of Rockefeller Financial Services Inc’s portfolio.
Capital One Financial Corp. closed down -0.52 points or -0.73% at $71.08 with 55,74,094 shares getting traded on Thursday. Post opening the session at $71.6, the shares hit an intraday low of $70.18 and an intraday high of $72.09 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
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.