Capital One Financial Corp (NYSE:COF) Q2 2018 Sentiment Change

September 30, 2018 - By Pearl Odom

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Sentiment for Capital One Financial Corp (NYSE:COF)

Capital One Financial Corp (NYSE:COF) institutional sentiment increased to 1.12 in Q2 2018. Its up 0.11, from 1.01 in 2018Q1. The ratio is more positive, as 323 investment professionals opened new and increased positions, while 288 reduced and sold their holdings in Capital One Financial Corp. The investment professionals in our partner’s database reported: 411.50 million shares, down from 418.02 million shares in 2018Q1. Also, the number of investment professionals holding Capital One Financial Corp in their top 10 positions decreased from 20 to 15 for a decrease of 5. Sold All: 34 Reduced: 254 Increased: 244 New Position: 79.

Capital One Financial Corporation operates as the bank holding firm for the Capital One Bank , National Association; and Capital One, National Association, which provides various financial services and products in the United States, the United Kingdom, and Canada. The company has market cap of $45.42 billion. It operates through three divisions: Credit Card, Consumer Banking, and Commercial Banking. It has a 14.98 P/E ratio. The firm offers non-interest-bearing and interest-bearing deposits, such as checking accounts, money market deposit accounts, negotiable order of withdrawals, savings deposits, and time deposits.

The stock decreased 0.56% or $0.53 during the last trading session, reaching $94.93. About 2.71 million shares traded or 16.47% up from the average. Capital One Financial Corporation (NYSE:COF) has risen 22.42% since September 30, 2017 and is uptrending. It has outperformed by 6.80% the S&P500.

Analysts await Capital One Financial Corporation (NYSE:COF) to report earnings on October, 23. They expect $2.87 earnings per share, up 18.60 % or $0.45 from last year’s $2.42 per share. COF’s profit will be $1.37B for 8.27 P/E if the $2.87 EPS becomes a reality. After $3.22 actual earnings per share reported by Capital One Financial Corporation for the previous quarter, Wall Street now forecasts -10.87 % negative EPS growth.

Alethea Capital Management Llc holds 23.73% of its portfolio in Capital One Financial Corporation for 151,194 shares. Tegean Capital Management Llc owns 200,000 shares or 9.57% of their US portfolio. Moreover, Davis Capital Partners Llc has 5.44% invested in the company for 635,000 shares. The Arizona-based Davis Selected Advisers has invested 5.26% in the stock. Central Securities Corp, a New York-based fund reported 300,000 shares.

Since January 1, 0001, it had 0 insider purchases, and 13 insider sales for $55.78 million activity.

Capital One Financial Corporation (NYSE:COF) Ratings Coverage

Ratings analysis reveals 73% of Capital One Financial’s analysts are positive. Out of 11 Wall Street analysts rating Capital One Financial, 8 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $10100 while the high is $135. The stock’s average target of $113 is 19.04% above today’s ($94.93) share price. COF was included in 16 notes of analysts from April 5, 2018. The company was maintained on Tuesday, April 10 by Sandler O’Neill. The rating was maintained by Robert W. Baird with “Hold” on Tuesday, April 24. The rating was maintained by BMO Capital Markets with “Outperform” on Friday, July 20. The rating was upgraded by Credit Suisse on Monday, July 2 to “Outperform”. The stock has “Buy” rating by UBS on Tuesday, August 7. The firm has “Outperform” rating by Oppenheimer given on Monday, July 9. The stock of Capital One Financial Corporation (NYSE:COF) has “Outperform” rating given on Monday, July 30 by BMO Capital Markets. The firm has “Buy” rating given on Tuesday, April 24 by BMO Capital Markets. The stock of Capital One Financial Corporation (NYSE:COF) earned “Buy” rating by RBC Capital Markets on Wednesday, April 25. PiperJaffray upgraded the shares of COF in report on Thursday, June 14 to “Overweight” rating.

Another recent and important Capital One Financial Corporation (NYSE:COF) news was published by Fool.com which published an article titled: “AT&T and Capital One Aim to Capture Some of Starbucks’ “Third Place” Mojo” on September 26, 2018.

Capital One Financial Corporation (NYSE:COF) Institutional Positions Chart

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