Davis Selected Advisers Increased Its Capital One Financial Corp. (COF) Stake by $40.99 Million; Valuation Declined

Capital One Financial Corporation (NYSE:COF) LogoInvestors sentiment decreased to 0.89 in 2019 Q1. Its down 0.08, from 0.97 in 2018Q4. It worsened, as 53 investors sold COF shares while 274 reduced holdings. 71 funds opened positions while 220 raised stakes. 402.66 million shares or 2.48% less from 412.89 million shares in 2018Q4 were reported. Wilbanks Smith And Thomas Asset Ltd Liability Corp accumulated 15,575 shares. Nuwave Limited Liability Com holds 0.42% of its portfolio in Capital One Financial Corporation (NYSE:COF) for 4,388 shares. American Bancorporation stated it has 49,511 shares or 1.28% of all its holdings. First Trust Communication reported 11,480 shares. Capstone Invest Advsrs Ltd Limited Liability Company has 8,393 shares for 0.01% of their portfolio. Numerixs Techs owns 0.14% invested in Capital One Financial Corporation (NYSE:COF) for 12,800 shares. The Pennsylvania-based Baldwin Inv Ltd Liability Corp has invested 0.37% in Capital One Financial Corporation (NYSE:COF). Voya Investment Ltd Llc holds 0.05% or 280,778 shares. Kbc Group Inc Nv reported 462,139 shares stake. Utah Retirement Sys owns 0.14% invested in Capital One Financial Corporation (NYSE:COF) for 88,013 shares. Nomura Asset Management Ltd reported 0.07% stake. Advisor Prtnrs Ltd Com has 0.11% invested in Capital One Financial Corporation (NYSE:COF) for 10,117 shares. Loews holds 0% or 3,370 shares. 94,471 were accumulated by Keybank National Association Oh. Ftb Advsr holds 0.32% or 48,843 shares in its portfolio.

Davis Selected Advisers increased its stake in Capital One Financial Corp. (COF) by 3.81% based on its latest 2019Q1 regulatory filing with the SEC. Davis Selected Advisers bought 506,028 shares as the company’s stock declined 0.17% . The institutional investor held 13.77 million shares of the major banks company at the end of 2019Q1, valued at $1.13 billion, up from 13.27 million at the end of the previous reported quarter. Davis Selected Advisers who had been investing in Capital One Financial Corp. for a number of months, seems to be bullish on the $41.28 billion market cap company. The stock increased 2.42% or $2.07 during the last trading session, reaching $87.76. About 1.12M shares traded. Capital One Financial Corporation (NYSE:COF) has declined 1.44% since August 13, 2018 and is downtrending. It has underperformed by 1.44% the S&P500.

Davis Selected Advisers, which manages about $48.17 billion and $20.33 billion US Long portfolio, decreased its stake in Berkshire Hathaway Inc. Class A (BRKA) by 118 shares to 3,401 shares, valued at $1.02 billion in 2019Q1, according to the filing. It also reduced its holding in Bank Of New York Mellon Corp. (NYSE:BK) by 415,558 shares in the quarter, leaving it with 17.05M shares, and cut its stake in General Electric Co. (NYSE:GE).

More notable recent Capital One Financial Corporation (NYSE:COF) news were published by: Seekingalpha.com which released: “Capital One +4.5% after Q2 EPS beats, NIM narrows – Seeking Alpha” on July 18, 2019, also Finance.Yahoo.com with their article: “Have Insiders Been Selling Capital One Financial Corporation (NYSE:COF) Shares? – Yahoo Finance” published on May 10, 2019, Seekingalpha.com published: “Capital One participates in MoneyLion funding round – Seeking Alpha” on July 23, 2019. More interesting news about Capital One Financial Corporation (NYSE:COF) were released by: Finance.Yahoo.com and their article: “Capital One Earnings: COF Stock Gains as Card Loans Balance Higher – Yahoo Finance” published on July 18, 2019 as well as Benzinga.com‘s news article titled: “MoneyLion Launches Instacash, A Safe Alternative To The Payday Loan – Benzinga” with publication date: August 06, 2019.

Capital One Financial Corporation (NYSE:COF) Ratings Coverage

Among 2 analysts covering Capital One Financial Corporation Common Stock (NYSE:COF), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Capital One Financial Corporation Common Stock had 3 analyst reports since May 14, 2019 according to SRatingsIntel. The firm has “Hold” rating by Deutsche Bank given on Monday, July 8. The stock of Capital One Financial Corporation (NYSE:COF) has “Buy” rating given on Tuesday, May 14 by Jefferies.

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

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