Busey Trust Co Lowers stake in Capital One Financial Corp. (COF)

Capital One Financial Corp. (COF) : Busey Trust Co reduced its stake in Capital One Financial Corp. by 3.79% during the most recent quarter end. The investment management company now holds a total of 98,408 shares of Capital One Financial Corp. which is valued at $8,242,654 after selling 3,878 shares in Capital One Financial Corp. , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Capital One Financial Corp. makes up approximately 1.08% of Busey Trust Co’s portfolio.

Other Hedge Funds, Including , Fdx Advisors reduced its stake in COF by selling 1,453 shares or 16.21% in the most recent quarter. The Hedge Fund company now holds 7,509 shares of COF which is valued at $628,954. Capital One Financial Corp. makes up approx 0.03% of Fdx Advisors’s portfolio.Old Mutual Customised Solutions (proprietary) Ltd reduced its stake in COF by selling 2,400 shares or 30.38% in the most recent quarter. The Hedge Fund company now holds 5,500 shares of COF which is valued at $435,765. Capital One Financial Corp. makes up approx 0.13% of Old Mutual Customised Solutions (proprietary) Ltd’s portfolio.Salzhauer Michael reduced its stake in COF by selling 39 shares or 0.17% in the most recent quarter. The Hedge Fund company now holds 22,671 shares of COF which is valued at $1,646,141. Capital One Financial Corp. makes up approx 1.23% of Salzhauer Michael’s portfolio.Harbour Capital Advisors reduced its stake in COF by selling 25 shares or 0.24% in the most recent quarter. The Hedge Fund company now holds 10,236 shares of COF which is valued at $763,913. Capital One Financial Corp. makes up approx 0.42% of Harbour Capital Advisors’s portfolio.Advocacy Wealth Management Services reduced its stake in COF by selling 58 shares or 15.43% in the most recent quarter. The Hedge Fund company now holds 318 shares of COF which is valued at $22,893. Capital One Financial Corp. makes up approx 0.01% of Advocacy Wealth Management Services’s portfolio.

Capital One Financial Corp. opened for trading at $81.39 and hit $82.39 on the upside on Monday, eventually ending the session at $82.01, with a gain of 0.55% or 0.45 points. The heightened volatility saw the trading volume jump to 23,06,450 shares. Company has a market cap of $39,554 M.

On the company’s financial health, Capital One Financial Corp. reported $2.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Oct 25, 2016. Analyst had a consensus of $1.94. The company had revenue of $6461.00 million for the quarter, compared to analysts expectations of $6361.87 million. The company’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.10 EPS.

Many Wall Street Analysts have commented on Capital One Financial Corp.. Company shares were Downgraded by Robert W. Baird on Nov 16, 2016 to ” Neutral”, Firm has raised the Price Target to $ 82 from a previous price target of $78 .Company shares were Downgraded by Stifel on Nov 14, 2016 to ” Hold”, Firm has raised the Price Target to $ 84 from a previous price target of $76 .Wedbush Initiated Capital One Financial Corp. on Oct 11, 2016 to “Neutral”, Price Target of the shares are set at $78.

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.