GLOBALT Investments LLC GA and other investment firms including
Cim Investment Management Inc., and
Barden Capital Management Inc. have increased their stakes in
Capital One Financial Co., while
Patient Capital Management LLC,
Price T Rowe Associates Inc. MD, and
Shell Asset Management Co. have trimmed their positions. The company reported a Q1 2024
net income of $1.3 billion or $3.13 per share however missed EPS projections for the same quarter and its Q4 2023 saw a
net income of $706 million, or $1.67 per share.
Capital One's stock has had volatile performance, both underperforming and outperforming competitors on different trading days. It saw a
44% gain in the last six months. The company is set to present at the
Morgan Stanley Finance Conference, and has ended its
consumer card partnership with Walmart. Capital One's planned acquisition of
Discover Financial for $35.3 billion has raised further interest in the company's stock. However, raised concerns regarding future performance are also evident.
Capital One Financial COF News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 16 Jun 2024 08:59:21 GMT -
Rating 5
- Innovation -5
- Information 3
- Rumor -3