Ironsides Asset Advisors Lowers stake in Capital One Financial Corp. (COF)

Capital One Financial Corp. (COF) : Ironsides Asset Advisors reduced its stake in Capital One Financial Corp. by 15.71% during the most recent quarter end. The investment management company now holds a total of 27,815 shares of Capital One Financial Corp. which is valued at $1,891,420 after selling 5,185 shares in Capital One Financial Corp. , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Capital One Financial Corp. makes up approximately 0.56% of Ironsides Asset Advisors’s portfolio.

Other Hedge Funds, Including , Diamond Hill Capital Management Inc boosted its stake in COF in the latest quarter, The investment management firm added 226,823 additional shares and now holds a total of 5,182,964 shares of Capital One Financial Corp. which is valued at $352,441,552. Capital One Financial Corp. makes up approx 2.11% of Diamond Hill Capital Management Inc’s portfolio.Mitsubishi Ufj Kokusai Asset Management Ltd. boosted its stake in COF in the latest quarter, The investment management firm added 1,544 additional shares and now holds a total of 78,729 shares of Capital One Financial Corp. which is valued at $5,239,415. Capital One Financial Corp. makes up approx 0.13% of Mitsubishi Ufj Kokusai Asset Management Ltd.’s portfolio.Zurcher Kantonalbank (zurich Cantonalbank) reduced its stake in COF by selling 125,162 shares or 37.79% in the most recent quarter. The Hedge Fund company now holds 206,034 shares of COF which is valued at $13,711,563. Capital One Financial Corp. makes up approx 0.18% of Zurcher Kantonalbank (zurich Cantonalbank)’s portfolio.Kalos Management boosted its stake in COF in the latest quarter, The investment management firm added 854 additional shares and now holds a total of 3,748 shares of Capital One Financial Corp. which is valued at $249,429. Capital One Financial Corp. makes up approx 0.19% of Kalos Management’s portfolio.Legacy Private Trust reduced its stake in COF by selling 10,866 shares or 20.88% in the most recent quarter. The Hedge Fund company now holds 41,163 shares of COF which is valued at $2,804,024. Capital One Financial Corp. makes up approx 0.40% of Legacy Private Trust’s portfolio.

Capital One Financial Corp. opened for trading at $68.04 and hit $68.68 on the upside on Friday, eventually ending the session at $68.56, with a gain of 0.51% or 0.35 points. The heightened volatility saw the trading volume jump to 24,73,532 shares. Company has a market cap of $34,697 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.

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.