Davis Capital Partners buys $39,100,000 stake in Capital One Financial Corp. (COF)

Capital One Financial Corp. (COF) : Davis Capital Partners scooped up 175,000 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 Aug 11, 2016. The investment management firm now holds a total of 575,000 shares of Capital One Financial Corp. which is valued at $39,100,000.Capital One Financial Corp. makes up approximately 6.32% of Davis Capital Partners’s portfolio.

Other Hedge Funds, Including , Baird Financial Group boosted its stake in COF in the latest quarter, The investment management firm added 10,212 additional shares and now holds a total of 29,388 shares of Capital One Financial Corp. which is valued at $1,998,384. Capital One Financial Corp. makes up approx 0.02% of Baird Financial Group’s portfolio.Eaton Vance Management boosted its stake in COF in the latest quarter, The investment management firm added 2,132 additional shares and now holds a total of 134,060 shares of Capital One Financial Corp. which is valued at $9,108,036. Capital One Financial Corp. makes up approx 0.03% of Eaton Vance Management’s portfolio.World Asset Management Inc reduced its stake in COF by selling 658 shares or 1.24% in the most recent quarter. The Hedge Fund company now holds 52,587 shares of COF which is valued at $3,499,665. Capital One Financial Corp. makes up approx 0.13% of World Asset Management Inc’s portfolio.Smith Graham Investment Advisors Lp reduced its stake in COF by selling 380 shares or 0.64% in the most recent quarter. The Hedge Fund company now holds 58,580 shares of COF which is valued at $3,978,168. Capital One Financial Corp. makes up approx 0.52% of Smith Graham Investment Advisors Lp’s portfolio.

Capital One Financial Corp. opened for trading at $68.93 and hit $69.32 on the upside on Tuesday, eventually ending the session at $68.79, with a gain of 0.16% or 0.11 points. The heightened volatility saw the trading volume jump to 18,68,162 shares. Company has a market cap of $34,813 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 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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