November 24, 2016 - By Linda Rogers · 0 Comments
Capital One Financial Corp (NYSE:COF) institutional sentiment decreased to 0.59 in 2016 Q2. Its down -0.17, from 0.76 in 2016Q1. The ratio is negative, as 275 active investment managers started new and increased positions, while 364 sold and decreased their equity positions in Capital One Financial Corp. The active investment managers in our partner’s database now possess: 435.73 million shares, down from 446.00 million shares in 2016Q1. Also, the number of active investment managers holding Capital One Financial Corp in their top 10 positions decreased from 19 to 12 for a decrease of 7. Sold All: 67 Reduced: 297 Increased: 231 New Position: 44.
Capital One Financial Corporation is a financial services holding company. The company has a market cap of $40.51 billion. The Firm offers a range of financial services and products to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. It has a 12.06 P/E ratio.
The stock increased 2.46% or $2.03 on November 23, hitting $84.62. About 3.42 million shares traded hands. Capital One Financial Corp. (NYSE:COF) has risen 11.99% since April 22, 2016 and is uptrending. It has outperformed by 6.58% the S&P500.
Analysts await Capital One Financial Corp. (NYSE:COF) to report earnings on January, 24. They expect $1.63 earnings per share, down 2.40% or $0.04 from last year’s $1.67 per share. COF’s profit will be $780.33 million for 12.98 P/E if the $1.63 EPS becomes a reality. After $2.03 actual earnings per share reported by Capital One Financial Corp. for the previous quarter, Wall Street now forecasts -19.70% negative EPS growth.
According to Zacks Investment Research, “Capital One Financial is a holding company whose subsidiaries provide a variety of products and services to consumers using its proprietary information-based strategy. The corporation’s principal subsidiary, Capital One Bank offers credit card products. Capital One Services, Inc., another subsidiary of the corporation, provides various operating, administrative and other services to the corporation and its subsidiaries.”
Alethea Capital Management Llc holds 14% of its portfolio in Capital One Financial Corp. for 160,790 shares. Davis Capital Partners Llc owns 575,000 shares or 6.33% of their US portfolio. Moreover, Tegean Capital Management Llc has 6.26% invested in the company for 135,000 shares. The Utah-based Jackson Park Capital Llc has invested 4.79% in the stock. Central Securities Corp, a New York-based fund reported 290,000 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 5 selling transactions for $95.81 million net activity.
Ratings analysis reveals 48% of Capital One Financial Corp.’s analysts are positive. Out of 27 Wall Street analysts rating Capital One Financial Corp., 13 give it “Buy”, 3 “Sell” rating, while 11 recommend “Hold”. The lowest target is $67 while the high is $113. The stock’s average target of $83.10 is -1.80% below today’s ($84.62) share price. COF was included in 48 notes of analysts from July 24, 2015. The stock of Capital One Financial Corp. (NYSE:COF) has “Neutral” rating given on Wednesday, November 16 by Robert W. Baird. Evercore initiated Capital One Financial Corp. (NYSE:COF) rating on Tuesday, December 22. Evercore has “Hold” rating and $78 price target. The firm has “Outperform” rating given on Friday, July 24 by RBC Capital Markets. The stock has “Hold” rating given by Deutsche Bank on Thursday, January 7. The stock of Capital One Financial Corp. (NYSE:COF) has “Neutral” rating given on Thursday, February 11 by Bank of America. Credit Suisse reinitiated the shares of COF in a report on Monday, December 21 with “Neutral” rating. On Thursday, July 30 the stock rating was upgraded by Morgan Stanley to “Overweight”. Bank of America downgraded the shares of COF in a report on Wednesday, April 27 to “Underperform” rating. DA Davidson upgraded Capital One Financial Corp. (NYSE:COF) on Friday, July 8 to “Buy” rating. The company was upgraded on Wednesday, April 27 by Sandler O’Neill.
Capital One Financial Corporation, incorporated on July 21, 1994, is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial services and products to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s divisions include Credit Card, Consumer Banking, Commercial Banking and Other. The Credit Card segment consists of its domestic consumer and small business card lending, and the international card lending businesses in Canada and the United Kingdom. The Consumer Banking segment consists of its branch lending and deposit gathering activities for clients and small businesses, national deposit gathering, national auto lending and consumer home loan lending and servicing activities. The Commercial Banking consists of its lending, deposit gathering and treasury management services to commercial real estate, and commercial and industrial customers. The Other segment includes management of its corporate investment portfolio and asset/liability management.
More recent Capital One Financial Corp. (NYSE:COF) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Capital One Financial, Charles Schwab and Kemper” on November 07, 2016. Also Schaeffersresearch.com published the news titled: “Analyst Update: JPMorgan Chase & Co., Capital One Financial Corp., and Bank of …” on November 21, 2016. Nasdaq.com‘s news article titled: “Capital One Financial (COF) Shares Cross 2% Yield Mark” with publication date: November 15, 2016 was also an interesting one.
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By Linda Rogers