Capital One Financial Corp. (COF) : Newman Dignan Sheerar reduced its stake in Capital One Financial Corp. by 9.56% during the most recent quarter end. The investment management company now holds a total of 16,542 shares of Capital One Financial Corp. which is valued at $1,180,106 after selling 1,749 shares in Capital One Financial Corp. , the firm said in a disclosure report filed with the SEC on Apr 11, 2016.Capital One Financial Corp. makes up approximately 0.85% of Newman Dignan Sheerar’s portfolio.
Capital One Financial Corp. closed down -0.13 points or -0.18% at $71.34 with 28,62,527 shares getting traded on Friday. Post opening the session at $71.72, the shares hit an intraday low of $71.05 and an intraday high of $72.24 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , Central Bank Trust Co sold out all of its stake in COF during the most recent quarter. The investment firm sold 55 shares of COF which is valued $3,924.Creative Planning reduced its stake in COF by selling 2,569 shares or 27.08% in the most recent quarter. The Hedge Fund company now holds 6,916 shares of COF which is valued at $464,755.Foundry Partners boosted its stake in COF in the latest quarter, The investment management firm added 9,610 additional shares and now holds a total of 167,867 shares of Capital One Financial Corp. which is valued at $11,280,662. Capital One Financial Corp. makes up approx 1.13% of Foundry Partners’s portfolio.Kempner Capital Management boosted its stake in COF in the latest quarter, The investment management firm added 6,610 additional shares and now holds a total of 19,450 shares of Capital One Financial Corp. which is valued at $1,307,040. Capital One Financial Corp. makes up approx 0.79% of Kempner Capital Management’s portfolio.New England Research Management reduced its stake in COF by selling 25 shares or 0.34% in the most recent quarter. The Hedge Fund company now holds 7,250 shares of COF which is valued at $487,200. Capital One Financial Corp. makes up approx 0.42% of New England Research Management’s portfolio.
On the company’s financial health, Capital One Financial Corp. reported $1.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jan 26, 2016. Analyst had a consensus of $1.62. The company had revenue of $6200.00 million for the quarter, compared to analysts expectations of $6076.68 million. The company’s revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.73 EPS.
Many Wall Street Analysts have commented on Capital One Financial Corp.. Shares were Reiterated by Deutsche Bank on Apr 8, 2016 to “Hold” and Lowered the Price Target to $ 78 from a previous price target of $79 .Capital One Financial Corp. was Downgraded by Guggenheim to ” Sell” on Apr 6, 2016. Capital One Financial Corp. was Upgraded by JP Morgan to ” Overweight” on Apr 1, 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.