In recent news updates, GTS Securities LLC has sold 26,198 shares of Capital One Financial Co., while the company has finally completed its acquisition of Discover, a deal worth $35.3B. This move has caused a stir with a possibility of stock re-rating; However, post-acquisition, the stocks tanked 5.9%, suggested to be a decent buying opportunity. Despite some divestments by Toronto Dominion Bank and Mackenzie Financial Corp, many investment firms, including Neville Rodie & Shaw Inc., Two Sigma Investments LP, and Kingstone Capital Partners Texas LLC, reported significant holdings in Capital One Financial. In light of these updates, Bank of America forecasts strong appreciations for the company's stock. The company reported First Quarter net income for 2025 of $1.4B, or $3.45 per share and promised a dividend payout of $0.60 per share. Opinions about the company's future potential appear to be favorable, with Jim Cramer outing the entity as one of his top stock picks.
Capital One Financial COF News Analytics from Tue, 21 Jan 2025 08:00:00 GMT to Sat, 31 May 2025 17:00:41 GMT - Rating 3 - Innovation 8 - Information 7 - Rumor 6
