Today’s Price Action: What’s Next for Capital One Financial Corp. After Today’s Big Decline?

Today's Price Action: What's Next for Capital One Financial Corp. After Today's Big Decline?

The stock of Capital One Financial Corp. (NYSE:COF) is a huge mover today! The stock decreased 2.67% or $2 during the last trading session, hitting $72.84. About 6.62M shares traded hands or 90.23% up from the average. Capital One Financial Corp. (NYSE:COF) has risen 9.62% since April 6, 2016 and is uptrending. It has outperformed by 7.67% the S&P500.
The move comes after 7 months negative chart setup for the $35.97B company. It was reported on Nov, 8 by Barchart.com. We have $66.28 PT which if reached, will make NYSE:COF worth $3.24B less.

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. Bank of America downgraded Capital One Financial Corp. (NYSE:COF) on Thursday, February 11 to “Neutral” rating. On Wednesday, January 27 the stock rating was maintained by Argus Research with “Buy”. The rating was initiated by DA Davidson on Wednesday, January 13 with “Neutral”. The firm earned “Underperform” rating on Wednesday, June 8 by Sterne Agee CRT. The stock of Capital One Financial Corp. (NYSE:COF) earned “Outperform” rating by Oppenheimer on Tuesday, October 6. Credit Agricole upgraded the stock to “Buy” rating in Monday, July 27 report. As per Friday, July 24, the company rating was downgraded by Goldman Sachs. Deutsche Bank maintained Capital One Financial Corp. (NYSE:COF) on Thursday, August 6 with “Buy” rating. The stock of Capital One Financial Corp. (NYSE:COF) has “Neutral” rating given on Wednesday, January 27 by DA Davidson. The firm has “Buy” rating given on Friday, July 8 by DA Davidson.

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.
Sg Americas Secs Ltd Liability Com has invested 0% of its portfolio in Capital One Financial Corp. (NYSE:COF). Lpl Finance Ltd accumulated 0.01% or 28,204 shares. Retail Bank Of The West, a California-based fund reported 56,938 shares. Robeco Institutional Asset Mgmt Bv last reported 0.04% of its portfolio in the stock. Moreover, Dimensional Fund Advsr Lp has 0.16% invested in Capital One Financial Corp. (NYSE:COF) for 4.28 million shares. Harris Assocs Lp has 1.06% invested in the company for 8.28M shares. Commonwealth Commercial Bank Of Aus, a Australia-based fund reported 77,643 shares. Piedmont Investment Ltd Liability Co, a North Carolina-based fund reported 115,936 shares. Banced Corporation has 3,159 shares for 0.43% of their US portfolio. Bartlett Limited Company holds 63 shares or 0% of its portfolio. California State Teachers Retirement accumulated 1.11M shares or 0.15% of the stock. Spinnaker Tru owns 31,109 shares or 0.27% of their US portfolio. The New York-based Kerrisdale Advisers Ltd Liability Com has invested 0.84% in Capital One Financial Corp. (NYSE:COF). Daiwa Grp Inc holds 36,354 shares or 0.01% of its portfolio. Firstmerit Financial Bank N A Trustee last reported 0.19% of its portfolio in the stock.

Insider Transactions: Since October 27, 2016, the stock had 0 insider purchases, and 2 sales for $20.31 million net activity. FAIRBANK RICHARD D had sold 4,300 shares worth $323,016.

More news for Capital One Financial Corp. (NYSE:COF) were recently published by: Forbes.com, which released: “Ex-Dividend Reminder: NorthStar Realty Finance, American Campus Communities …” on May 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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