Today’s Market Runner: A Reversal for Capital One Financial Corp. Is Not Near. The Stock Rises Again

Today's Market Runner: A Reversal for Capital One Financial Corp. Is Not Near. The Stock Rises Again

The stock of Capital One Financial Corp. (NYSE:COF) is a huge mover today! About 1.44M shares traded hands. Capital One Financial Corp. (NYSE:COF) has risen 17.90% since April 11, 2016 and is uptrending. It has outperformed by 11.76% the S&P500.
The move comes after 7 months positive chart setup for the $39.85 billion company. It was reported on Nov, 11 by Barchart.com. We have $101.85 PT which if reached, will make NYSE:COF worth $11.16 billion more.

Capital One Financial Corp. (NYSE:COF) Ratings Coverage

Out of 25 analysts covering Capital One Financial Corp. (NYSE:COF), 13 rate it a “Buy”, 3 “Sell”, while 9 “Hold”. This means 52% are positive. Capital One Financial Corp. has been the topic of 46 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The company was maintained on Wednesday, October 5 by Deutsche Bank. Guggenheim downgraded the shares of COF in a report on Wednesday, April 6 to “Neutral” rating. RBC Capital Markets maintained Capital One Financial Corp. (NYSE:COF) on Thursday, January 14 with “Outperform” rating. The company was upgraded on Monday, July 27 by Credit Agricole. On Wednesday, January 13 the stock rating was initiated by DA Davidson with “Neutral”. Oppenheimer downgraded the shares of COF in a report on Tuesday, January 5 to “Perform” rating. The firm earned “Neutral” rating on Friday, July 24 by Goldman Sachs. Evercore initiated the shares of COF in a report on Tuesday, December 22 with “Hold” rating. The rating was downgraded by Bank of America on Thursday, February 11 to “Neutral”. DA Davidson upgraded Capital One Financial Corp. (NYSE:COF) rating on Friday, July 8. DA Davidson has “Buy” rating and $76 price target.

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.”

Insitutional Activity: The institutional sentiment decreased to 0.76 in 2016 Q2. Its down 0.09, from 0.85 in 2016Q1. The ratio dived, 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.
Moreover, Geode Management Llc has 0.15% invested in Capital One Financial Corp. (NYSE:COF) for 4.45M shares. Blume Cap holds 2.24% or 35,050 shares in its portfolio. Moreover, Natixis Asset Management has 0.07% invested in Capital One Financial Corp. (NYSE:COF) for 9,995 shares. The Ohio-based Cleararc Capital has invested 0.15% in Capital One Financial Corp. (NYSE:COF). Bokf Na has 12,796 shares for 0.03% of their US portfolio. Ing Groep Nv last reported 48,372 shares in the company. Moreover, Tokio Marine Asset Mngmt Limited has 0.1% invested in Capital One Financial Corp. (NYSE:COF) for 15,191 shares. Peoples Financial Corporation, a Pennsylvania-based fund reported 200 shares. Apg Asset Mngmt Nv has 0.11% invested in the company for 942,677 shares. The Iowa-based Cambridge Invest Advsr has invested 0.02% in Capital One Financial Corp. (NYSE:COF). Guggenheim Capital holds 0.1% or 497,995 shares in its portfolio. Moreover, Bessemer Grp Inc has 0.02% invested in Capital One Financial Corp. (NYSE:COF) for 57,674 shares. Moreover, Nbt State Bank N A Ny has 0.04% invested in Capital One Financial Corp. (NYSE:COF) for 3,726 shares. Bridges Investment Management Inc last reported 80,608 shares in the company. Moreover, Stoneridge Inv Ptnrs Limited Liability Co has 0.56% invested in Capital One Financial Corp. (NYSE:COF) for 59,284 shares.

Insider Transactions: Since October 27, 2016, the stock had 0 insider buys, and 2 selling transactions for $20.31 million net activity. $323,016 worth of Capital One Financial Corp. (NYSE:COF) was sold by FAIRBANK RICHARD D on Monday, October 31.

More news for Capital One Financial Corp. (NYSE:COF) were recently published by: Nasdaq.com, which released: “Reminder: Capital One Financial Corp’s Fixed Rate Non-Cumulative Perpetual …” on November 10, 2016. Forbes.com‘s article titled: “Ex-Dividend Reminder: Capital One Financial, Charles Schwab and Kemper” and published on November 07, 2016 is yet another important article.

COF Company Profile

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.

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