What’s Capital One Financial Corp. Upside After Today’s Bearish Options Activity?

 What's Capital One Financial Corp. Upside After Today's Bearish Options Activity?

In today’s session Capital One Financial Corp. (COF) recorded an unusually high (349) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious COF decrease. With 349 contracts traded and 16324 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: COF170120P00075000 closed last at: $2.56 or 41.1% down. About 920,911 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.

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. $113 is the highest target while $67 is the lowest. The $83.11 average target is 4.15% above today’s ($79.8) stock price. Capital One Financial Corp. has been the topic of 46 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The rating was maintained by Argus Research on Wednesday, January 27 with “Buy”. DA Davidson maintained Capital One Financial Corp. (NYSE:COF) on Wednesday, January 27 with “Neutral” rating. Oppenheimer downgraded Capital One Financial Corp. (NYSE:COF) on Tuesday, April 5 to “Underperform” rating. The stock of Capital One Financial Corp. (NYSE:COF) has “Outperform” rating given on Friday, July 24 by RBC Capital Markets. The firm earned “Neutral” rating on Monday, December 21 by Credit Suisse. On Monday, May 9 the stock rating was upgraded by Guggenheim to “Neutral”. The rating was upgraded by JP Morgan to “Overweight” on Friday, April 1. UBS maintained Capital One Financial Corp. (NYSE:COF) on Wednesday, August 12 with “Buy” rating. The rating was upgraded by Sandler O’Neill to “Buy” on Wednesday, April 27. Oppenheimer maintained Capital One Financial Corp. (NYSE:COF) on Tuesday, July 28 with “Outperform” rating.

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 worsened, 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.
Livingston Asset (Operating As Southport Cap Management) last reported 0.41% of its portfolio in the stock. Foundry Prtn Ltd Com last reported 0.63% of its portfolio in the stock. Moreover, Guardian Capital Advsrs Ltd Partnership has 0.04% invested in Capital One Financial Corp. (NYSE:COF) for 3,730 shares. Md Sass Investors holds 71,000 shares or 0.22% of its portfolio. The Maine-based Hm Payson Communication has invested 0.05% in Capital One Financial Corp. (NYSE:COF). Norris Perne French Llp Mi last reported 2.04% of its portfolio in the stock. Invesco Ltd, a Georgia-based fund reported 723,363 shares. Somerset has 31,018 shares for 1.22% of their US portfolio. National Pension Ser accumulated 0.19% or 339,168 shares. Diam holds 0.08% of its portfolio in Capital One Financial Corp. (NYSE:COF) for 85,617 shares. Moreover, Breton Hill Ltd has 0.33% invested in Capital One Financial Corp. (NYSE:COF) for 16,007 shares. First Commercial Bank Of Omaha has 0.32% invested in the company for 67,561 shares. Ruggie Cap holds 0% of its portfolio in Capital One Financial Corp. (NYSE:COF) for 77 shares. Trexquant Limited Partnership accumulated 0.29% or 34,800 shares. Moreover, Quantum Management has 0.12% invested in Capital One Financial Corp. (NYSE:COF) for 13,731 shares.

Insider Transactions: Since October 27, 2016, the stock had 0 insider buys, and 2 sales for $20.31 million net activity. Shares for $19.99 million were sold by FAIRBANK RICHARD D on Thursday, October 27.

Capital One Financial Corporation is a financial services holding company. The company has a market cap of $39.97 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 11.37 P/E ratio.

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.

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.

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