Qsemble Capital Management LP and
Merit Financial Group LLC acquired significant amounts of
Capital One Financial Co.'s shares, with a noteworthy position also taken by
Picton Mahoney Asset Management. Several other financial groups also added to their holdings, including
Van Eck Associates Corps and
National Bank of Canada FI. However, several parties sold portions of their holdings, such as
Victory Capital Management Inc., Great Valley Advisor Group Inc., and
Wealthspire Advisors LLC. The company declared a dividend of $0.60. Capital One reported net incomes of $1.3 billion for Q1 2024 and $706 million for Q4 2023. A notable event was a potential deal to acquire
Discover Financial for $35.3 billion, which could create growth opportunities, though it raised regulatory concerns. Capital One also experienced some underperformance when compared to competitors and slight concern arose due to insider selling. Long-term investors are considering Capital One for its attractive prospects.
Capital One Financial COF News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 12 May 2024 21:00:37 GMT -
Rating 2
- Innovation 0
- Information 8
- Rumor -1
