Dodge Cox buys $3,370.1 Million stake in Capital One Financial Corp. (COF)

Capital One Financial Corp. (COF) : Dodge Cox scooped up 159,877 additional shares in Capital One Financial Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 49,048,291 shares of Capital One Financial Corp. which is valued at $3,370.1 Million.Capital One Financial Corp. makes up approximately 3.37% of Dodge Cox’s portfolio.

Other Hedge Funds, Including , Hbk Investments L P added COF to its portfolio by purchasing 15,970 company shares during the most recent quarter which is valued at $1.1 Million. Capital One Financial Corp. makes up approx 0.02% of Hbk Investments L P’s portfolio.First Trust Advisors Lp reduced its stake in COF by selling 7,268 shares or 2.31% in the most recent quarter. The Hedge Fund company now holds 307,405 shares of COF which is valued at $21.1 Million. Capital One Financial Corp. makes up approx 0.07% of First Trust Advisors Lp’s portfolio.Lsv Asset Management boosted its stake in COF in the latest quarter, The investment management firm added 251,182 additional shares and now holds a total of 3,922,615 shares of Capital One Financial Corp. which is valued at $269.5 Million. Capital One Financial Corp. makes up approx 0.57% of Lsv Asset Management’s portfolio.Schmidt P J Investment Management Inc reduced its stake in COF by selling 3,846 shares or 18.88% in the most recent quarter. The Hedge Fund company now holds 16,526 shares of COF which is valued at $1.2 Million. Capital One Financial Corp. makes up approx 0.47% of Schmidt P J Investment Management Inc’s portfolio.

Capital One Financial Corp. opened for trading at $72.04 and hit $73.53 on the upside on Wednesday, eventually ending the session at $73.27, with a gain of 2.30% or 1.65 points. The heightened volatility saw the trading volume jump to 27,67,093 shares. Company has a market cap of $37,522 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.. Capital One Financial Corp. was Upgraded by Guggenheim to ” Neutral” on May 9, 2016. Capital One Financial Corp. was Downgraded by BofA/Merrill to ” Underperform” on Apr 27, 2016. Capital One Financial Corp. was Upgraded by Sandler O’Neill to ” Buy” on Apr 27, 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 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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