Capital One Financial Corp. (COF) : Barrington Strategic Wealth Management Group reduced its stake in Capital One Financial Corp. by 1.95% during the most recent quarter end. The investment management company now holds a total of 24,859 shares of Capital One Financial Corp. which is valued at $1,690,412 after selling 495 shares in Capital One Financial Corp. , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Capital One Financial Corp. makes up approximately 0.95% of Barrington Strategic Wealth Management Group’s portfolio.
Other Hedge Funds, Including , Riverhead Capital Management reduced its stake in COF by selling 418,383 shares or 76.08% in the most recent quarter. The Hedge Fund company now holds 131,534 shares of COF which is valued at $8,944,312. Capital One Financial Corp. makes up approx 0.15% of Riverhead Capital Management’s portfolio.Aviance Capital Partners reduced its stake in COF by selling 805 shares or 8.42% in the most recent quarter. The Hedge Fund company now holds 8,760 shares of COF which is valued at $595,680. Capital One Financial Corp. makes up approx 0.21% of Aviance Capital Partners’s portfolio.Cadence Bank Na boosted its stake in COF in the latest quarter, The investment management firm added 102 additional shares and now holds a total of 4,452 shares of Capital One Financial Corp. which is valued at $303,181. Capital One Financial Corp. makes up approx 0.15% of Cadence Bank Na’s portfolio.Boyd Watterson Asset Managementoh reduced its stake in COF by selling 63 shares or 0.47% in the most recent quarter. The Hedge Fund company now holds 13,322 shares of COF which is valued at $907,495. Capital One Financial Corp. makes up approx 0.44% of Boyd Watterson Asset Managementoh’s portfolio.
Capital One Financial Corp. opened for trading at $69.13 and hit $70.055 on the upside on Monday, eventually ending the session at $69.63, with a gain of 0.68% or 0.47 points. The heightened volatility saw the trading volume jump to 30,15,179 shares. Company has a market cap of $35,238 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.. 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.