Gmt Capital Corp Lowers stake in Capital One Financial Corp. (COF)

Capital One Financial Corp. (COF) : Gmt Capital Corp reduced its stake in Capital One Financial Corp. by 3.51% during the most recent quarter end. The investment management company now holds a total of 2,167,930 shares of Capital One Financial Corp. which is valued at $149 Million after selling 78,800 shares in Capital One Financial Corp. , the firm said in a disclosure report filed with the SEC on May 11, 2016.Capital One Financial Corp. makes up approximately 3.79% of Gmt Capital Corp’s portfolio.

Other Hedge Funds, Including , Fukoku Mutual Life Insurance Co boosted its stake in COF in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 3,000 shares of Capital One Financial Corp. which is valued at $206,130. Capital One Financial Corp. makes up approx 0.04% of Fukoku Mutual Life Insurance Co’s portfolio.Parnassus Investments Ca boosted its stake in COF in the latest quarter, The investment management firm added 50,000 additional shares and now holds a total of 250,000 shares of Capital One Financial Corp. which is valued at $17.2 Million. Capital One Financial Corp. makes up approx 0.11% of Parnassus Investments Ca’s portfolio.Candriam Luxembourg S.c.a. reduced its stake in COF by selling 8,343 shares or 4.47% in the most recent quarter. The Hedge Fund company now holds 178,415 shares of COF which is valued at $12.9 Million. Capital One Financial Corp. makes up approx 0.32% of Candriam Luxembourg S.c.a.’s portfolio. Chicago Partners Investment Group sold out all of its stake in COF during the most recent quarter. The investment firm sold 125 shares of COF which is valued $9,049.

Capital One Financial Corp. opened for trading at $68.53 and hit $69.66 on the upside on Monday, eventually ending the session at $69.28, with a gain of 0.83% or 0.57 points. The heightened volatility saw the trading volume jump to 26,78,665 shares. Company has a market cap of $35,478 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.

Leave a Reply

Capital One Financial Corp. - Is it time to Sell?

Top Brokerage Firms are advising their investors on Capital One Financial Corp.. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.