November 28, 2016 - By Peter Erickson · 0 Comments
The stock of Capital One Financial Corporation (NYSE:COF) registered an increase of 14.35% in short interest. COF’s total short interest was 12.17 million shares in November as published by FINRA. Its up 14.35% from 10.64 million shares, reported previously. With 3.73 million shares average volume, it will take short sellers 3 days to cover their COF’s short positions. About 1.93M shares traded hands. Capital One Financial Corp. (NYSE:COF) has risen 12.78% since April 25, 2016 and is uptrending. It has outperformed by 6.76% the S&P500.
Capital One Financial Corporation is a financial services holding company. The company has a market cap of $40.46 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 11.96 P/E ratio.
Insitutional Activity: The institutional sentiment decreased to 0.59 in 2016 Q2. Its down 0.17, from 0.76 in 2016Q1. The ratio turned negative, as 67 funds sold all Capital One Financial Corp. shares owned while 297 reduced positions. 44 funds bought stakes while 231 increased positions. They now own 435.73 million shares or 2.30% less from 446.00 million shares in 2016Q1.
Salzhauer Michael holds 22,710 shares or 1.17% of its portfolio. Geode Capital Mgmt Limited Liability, a Massachusetts-based fund reported 4.45M shares. Gateway Advisers Ltd Liability Company holds 0.03% or 46,649 shares in its portfolio. Federated Investors Pa accumulated 237,271 shares or 0.04% of the stock. American Natl Registered Inv Advisor accumulated 0.26% or 8,736 shares. Fic Cap Incorporated has 0.86% invested in the company for 28,660 shares. Savant Capital Limited Liability has 3,480 shares for 0.06% of their US portfolio. The Texas-based Argent Trust has invested 0.44% in Capital One Financial Corp. (NYSE:COF). Grp Inc One Trading Lp holds 0% of its portfolio in Capital One Financial Corp. (NYSE:COF) for 1,297 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt System has 0.05% invested in the company for 41,003 shares. Private Na has invested 0.17% of its portfolio in Capital One Financial Corp. (NYSE:COF). Hm Payson accumulated 14,718 shares or 0.05% of the stock. Cleararc Cap has 12,422 shares for 0.15% of their US portfolio. Fuller And Thaler Asset Mgmt holds 0% of its portfolio in Capital One Financial Corp. (NYSE:COF) for 3,700 shares. Menta Limited Company holds 0.16% or 17,880 shares in its portfolio.
Insider Transactions: Since October 27, 2016, the stock had 0 insider purchases, and 5 sales for $95.81 million net activity. Another trade for 4,300 shares valued at $323,016 was sold by FAIRBANK RICHARD D. FINNERAN JOHN G JR sold $7.16M worth of stock or 88,510 shares. On Friday, November 11 the insider Berson Jory A sold $566,880.
Out of 27 analysts covering Capital One Financial Corp. (NYSE:COF), 13 rate it a “Buy”, 3 “Sell”, while 11 “Hold”. This means 48% are positive. Capital One Financial Corp. has been the topic of 48 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating given on Friday, April 1 by JP Morgan. On Thursday, January 7 the stock rating was downgraded by Deutsche Bank to “Hold”. As per Thursday, July 30, the company rating was upgraded by Morgan Stanley. The rating was downgraded by Sterne Agee CRT to “Underperform” on Wednesday, June 8. As per Wednesday, April 27, the company rating was downgraded by Bank of America. DA Davidson initiated Capital One Financial Corp. (NYSE:COF) on Wednesday, January 13 with “Neutral” rating. Wedbush initiated the shares of COF in a report on Tuesday, October 11 with “Neutral” rating. Deutsche Bank maintained Capital One Financial Corp. (NYSE:COF) rating on Thursday, February 18. Deutsche Bank has “Buy” rating and $79 price target. Argus Research upgraded the stock to “Buy” rating in Thursday, August 13 report. The rating was upgraded by Credit Agricole to “Buy” on Monday, July 27.
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: Reuters.com which released: “BRIEF-Capital One Financial Corp says Ryan Schneider will be leaving his r…” on November 25, 2016. Also Forbes.com published the news titled: “Ex-Dividend Reminder: Capital One Financial, Charles Schwab and Kemper” on November 07, 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 Peter Erickson