Capital One Financial Corp. (COF) : Davenport Co reduced its stake in Capital One Financial Corp. by 0.88% during the most recent quarter end. The investment management company now holds a total of 2,839,465 shares of Capital One Financial Corp. which is valued at $192,913,252 after selling 25,120 shares in Capital One Financial Corp. , the firm said in a disclosure report filed with the SEC on Jul 12, 2016.Capital One Financial Corp. makes up approximately 2.86% of Davenport Co’s portfolio.
Other Hedge Funds, Including , Patton Albertson Miller Group reduced its stake in COF by selling 1,017 shares or 5.84% in the most recent quarter. The Hedge Fund company now holds 16,408 shares of COF which is valued at $1,114,760. Capital One Financial Corp. makes up approx 0.49% of Patton Albertson Miller Group’s portfolio.Exxonmobil Investment Management Inc Tx boosted its stake in COF in the latest quarter, The investment management firm added 4,153 additional shares and now holds a total of 132,557 shares of Capital One Financial Corp. which is valued at $8,577,763. Capital One Financial Corp. makes up approx 0.18% of Exxonmobil Investment Management Inc Tx’s portfolio.Triangle Securities Wealth Management reduced its stake in COF by selling 1,780 shares or 15.08% in the most recent quarter. The Hedge Fund company now holds 10,026 shares of COF which is valued at $648,782. Capital One Financial Corp. makes up approx 0.48% of Triangle Securities Wealth Management’s portfolio. West Oak Capital added COF to its portfolio by purchasing 562 company shares during the most recent quarter which is valued at $36,367. Capital One Financial Corp. makes up approx 0.03% of West Oak Capital’s portfolio.
Capital One Financial Corp. closed down -0.7 points or -1.02% at $68.15 with 57,63,939 shares getting traded on Friday. Post opening the session at $69.09, the shares hit an intraday low of $67.72 and an intraday high of $69.18 and the price fluctuated in this range throughout the day.Shares ended Friday 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. was Upgraded by Guggenheim to ” Neutral” on May 9, 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.