Tegean Capital Management buys $12,564,000 stake in Capital One Financial Corp. (COF)

Capital One Financial Corp. (COF) : Tegean Capital Management scooped up 15,000 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 Nov 14, 2016. The investment management firm now holds a total of 150,000 shares of Capital One Financial Corp. which is valued at $12,564,000.Capital One Financial Corp. makes up approximately 11.24% of Tegean Capital Management’s portfolio.

Other Hedge Funds, Including , Cumberland Partners Ltd reduced its stake in COF by selling 223,338 shares or 54.29% in the most recent quarter. The Hedge Fund company now holds 188,006 shares of COF which is valued at $15,226,606. Capital One Financial Corp. makes up approx 2.07% of Cumberland Partners Ltd’s portfolio.Seizert Capital Partners reduced its stake in COF by selling 25,488 shares or 6.84% in the most recent quarter. The Hedge Fund company now holds 347,114 shares of COF which is valued at $26,484,798. Capital One Financial Corp. makes up approx 0.97% of Seizert Capital Partners’s portfolio.Blackrock Group Ltd reduced its stake in COF by selling 88,491 shares or 1.98% in the most recent quarter. The Hedge Fund company now holds 4,370,207 shares of COF which is valued at $327,066,292. Capital One Financial Corp. makes up approx 0.17% of Blackrock Group Ltd’s portfolio.Endurance Wealth Management reduced its stake in COF by selling 50 shares or 2.65% in the most recent quarter. The Hedge Fund company now holds 1,837 shares of COF which is valued at $136,011. Capital One Financial Corp. makes up approx 0.02% of Endurance Wealth Management’s portfolio.Strs Ohio reduced its stake in COF by selling 10,380 shares or 1.49% in the most recent quarter. The Hedge Fund company now holds 686,689 shares of COF which is valued at $51,247,600. Capital One Financial Corp. makes up approx 0.23% of Strs Ohio’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.

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