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Capital One Financial COF - News Analyzed: 3,965 - Last Week: 100 - Last Month: 500

⇑ Capital One Financial COF Shares Grow Amidst Increased Investment and Stellar Q3 Earnings

Capital One Financial COF Shares Grow Amidst Increased Investment and Stellar Q3 Earnings
Glenmede Trust Co. NA and Vinva Investment Management Ltd have increased their stakes in Capital One Financial Co. Numerous organizations such as Dynamic Technology Lab Private Ltd, Suvretta Capital Management LLC, and Connor Clark & Lunn Investment Management Ltd have also taken new positions in the corporation. Moreover, investment group Fmr LLC has elevated its position while Fisher Asset Management LLC increased stock position. Insiders at Capital One have sold substantial stock, indicating possible caution. However, Asset Management One Co. Ltd raised its stake, and its Q3 2024 earnings surpassed expectations. The recent purchase of Discover has placed Capital One's buyout on hold. Despite the recent sell-off by insiders, the financial entity has shown a robust growth leading to a 52-week high. Its Q3 earnings and revenues topped estimates due to a Y/Y rise in NII. However, the company's profit dropped by 61%, causing it to stockpile more funds for loan losses.

Capital One Financial COF News Analytics from Tue, 23 Jul 2024 07:00:00 GMT to Sat, 30 Nov 2024 10:20:47 GMT - Rating 8 - Innovation 6 - Rumor -6

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