Capital One Financial Corporati (NYSE:COF) Closed 7.3% Above Its 50 Day Moving Average


Company shares last traded at $89.72 which is marginally higher than the 50 day moving average which is $83.63 and a tad higher than the 200 day moving average of $82.35. The 50 day moving average was up $6.09 and the 200 day average moved up $7.37. Trading volume for Capital One Financial Corporati was 3,763K by the end of trading on Tuesday. Volume was up 25.51% over the stocks average daily volume.

Investors are a little more bearish on shares of Capital One Financial Corporati recently if you take a look at the change in short interest. The firm saw a rise in short interest of 9.74% as of the latest report on September 29, 2017. Short shares grew from 6,207,194 to 6,811,656 over that timeframe. With short interest at 6,811,656 and short average daily volume at 2,398,928, the short-interest ratio is 3.0 and the percentage of shorted shares was 0.01% on September 29.

Additionally, here are a few investment firms who have increased or decreased their stake in (COF). Wealthtrust-arizona, LLC augmented its holdings by buying 15 shares an increase of 1.4% as of 09/30/2017. Wealthtrust-arizona, LLC owns 1,117 shares valued at $95,000. The value of the position overall is up by 4.4%. As of the end of the quarter Montecito Bank & Trust had bought 4,151 shares growing its holdings by 6,918.3%. The value of the investment in COF went from $5,000 to $357,000 a change of 7,040.0% quarter over quarter.

Pineno Levin & Ford Asset Management, Inc. bolstered its ownership by buying 685 shares an increase of 1.0%. Pineno Levin & Ford Asset Management, Inc. now holds 68,972 shares worth $5,839,000. The total value of its holdings increased 3.5%. Robeco Institutional Asset Management B.v. trimmed its position by shedding 18,949 shares a decrease of 5.6% in the quarter. Robeco Institutional Asset Management B.v. now controls 321,450 shares with a value of $27,214,000. The value of the position overall is down by 3.2%.

On July 5, 2017 the stock rating was changed to “Underperform” by Wedbush which was a cut from the previous “Neutral” rating. On July 21 the company was set at “Perform” according to a Oppenheimer report up from the previous “Underperform” rating.

Equity analyst Compass Point started coverage by announcing an initial rating of “Neutral”. On September 8 the stock rating was downgraded to “Equal-Weight” from “Overweight” in a statement from Morgan Stanley.

On September 21, 2017 PiperJaffray initiated coverage on the stock with a rating of “Underweight”. Buckingham added the stock to its research portfolio giving it an initial rating of “Buy”.

The company is trading up since yesterday’s close of 89.67. Capital One Financial Corporati also recently announced a dividend for shareholders paid on Thursday the 17th of August 2017. The dividend was $0.400 per share for the quarter which is $1.60 annualized. This dividend represents a yield of $1.78. The ex-dividend date was set for Thursday the 3rd of August 2017.

The company’s P/E ratio is 13.08 and market capitalization is 43.42B. As of the last earnings report the EPS was $6.86 and is estimated to be $7.50 for the current year with 484,000,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $1.87 with next year’s EPS anticipated to be $8.50.

Capital One Financial Corporation, launched on July 21, 1994, is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Business’s segments 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-based lending and deposit gathering activities for consumers 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..