Capital One Financial Corp. (COF) Valuation Declined While Diamond Hill Capital Management Has Decreased Its Stake; As Weibo (WB) Stock Value Declined, Pictet Asset Management LTD Has Increased Its Stake

Capital One Financial Corporation (NYSE:COF) Logo

Diamond Hill Capital Management Inc decreased its stake in Capital One Financial Corp. (COF) by 46.87% based on its latest 2018Q3 regulatory filing with the SEC. Diamond Hill Capital Management Inc sold 3,384 shares as the company’s stock declined 16.27% with the market. The hedge fund held 3,836 shares of the major banks company at the end of 2018Q3, valued at $364,000, down from 7,220 at the end of the previous reported quarter. Diamond Hill Capital Management Inc who had been investing in Capital One Financial Corp. for a number of months, seems to be less bullish one the $38.34B market cap company. The stock increased 1.24% or $0.99 during the last trading session, reaching $80.94. About 1.83M shares traded. Capital One Financial Corporation (NYSE:COF) has declined 13.27% since January 12, 2018 and is downtrending. It has underperformed by 13.27% the S&P500. Some Historical COF News: 24/04/2018 – Capital One 1Q Net Charge-Offs $1.6 Billion; 08/05/2018 – Pimco Agrees to Buy Nearly $17 Billion in Capital One Mortgages; 13/03/2018 – Moody’s: No Ratings Impact On Capital One Card Abs Following Accounts Addition; 11/05/2018 – Officer Wassmer Gifts 722 Of Capital One Financial Corp; 08/05/2018 – Capital One sells $17 bln of mortgages to Credit Suisse unit; 24/04/2018 – CAPITAL ONE FINANCIAL-30+ DAY PERFORMING DELINQUENCIES RATE FOR DOMESTIC CREDIT CARD 3.57 PCT AT MARCH END VS 3.92 PCT AT FEB END; 30/04/2018 – Former Capital One Tech Exec Joins Naya Ventures as Entrepreneur in Residence; 08/05/2018 – Capital One Announces Sale of Approximately $17B of Mortgages to DLJ Mortgage Cap, Inc., a Subsidiary of Credit Suisse AG; 15/03/2018 – Capital One February U.S. Net Charge-Off Rate 5.16%; 25/04/2018 – CAPITAL ONE FINANCIAL CORP COF.N : BERNSTEIN RAISES TARGET PRICE TO $127 FROM $121

Pictet Asset Management Ltd increased its stake in Weibo Corp (WB) by 19.22% based on its latest 2018Q3 regulatory filing with the SEC. Pictet Asset Management Ltd bought 17,053 shares as the company’s stock declined 13.36% with the market. The institutional investor held 105,776 shares of the programming company at the end of 2018Q3, valued at $7.74 million, up from 88,723 at the end of the previous reported quarter. Pictet Asset Management Ltd who had been investing in Weibo Corp for a number of months, seems to be bullish on the $12.72B market cap company. The stock decreased 4.14% or $2.47 during the last trading session, reaching $57.12. About 3.26M shares traded or 37.26% up from the average. Weibo Corporation (NASDAQ:WB) has declined 39.21% since January 12, 2018 and is downtrending. It has underperformed by 39.21% the S&P500. Some Historical WB News: 09/05/2018 – Weibo Corp. 1Q Net Profit Doubles as Revenue Grows; 09/05/2018 – Weibo 1Q EPS 44c; 16/04/2018 – China’s Sina Weibo reverses gay content clean-up after outcry; 04/04/2018 China Unveils Retaliation Plan for U.S. Tariffs — State TV Weibo; 09/05/2018 – WEIBO SEES 2Q NET REV. $420.0M TO $430.0M, EST. $417.4M; 10/04/2018 – Report: Exploring Fundamental Drivers Behind Itau Unibanco Holding S.A, Weibo, Redhill Biopharma, Shenandoah Telecommunications; 15/04/2018 – `I Am Gay, Not a Pervert’: Furor Erupts in China as Sina Weibo Bans Gay Content; 09/05/2018 – Weibo 1Q Net $99.1M; 09/05/2018 – WEIBO 1Q ADJ EPS 50C, EST. 47C; 26/04/2018 – Weibo Files its Annual Report on Form 20-F

Investors sentiment decreased to 1.01 in Q3 2018. Its down 0.22, from 1.23 in 2018Q2. It fall, as 55 investors sold WB shares while 57 reduced holdings. 34 funds opened positions while 79 raised stakes. 37.66 million shares or 19.61% less from 46.84 million shares in 2018Q2 were reported. Harding Loevner Ltd Partnership accumulated 7.00 million shares or 2.67% of the stock. Shell Asset Mngmt holds 0.02% or 13,587 shares. Fmr Ltd Liability Corporation holds 0% or 200 shares in its portfolio. Creative Planning has 10,039 shares for 0% of their portfolio. Swiss Bancorp has invested 0.01% in Weibo Corporation (NASDAQ:WB). Canada Pension Plan Inv Board accumulated 100,067 shares. Nomura Hldg accumulated 7,650 shares. Savings Bank Of Mellon holds 223,457 shares. 1.40 million were reported by Platinum Inv Mngmt Limited. Bellecapital International Ltd holds 10,605 shares or 0.51% of its portfolio. Natixis has invested 0.02% of its portfolio in Weibo Corporation (NASDAQ:WB). Gam Ag has invested 1.06% in Weibo Corporation (NASDAQ:WB). Grp One Trading Ltd Partnership stated it has 48,249 shares or 0.03% of all its holdings. Tcw Group Inc Inc holds 19,100 shares. Essex Invest Mngmt Limited Liability Company owns 9,390 shares or 0.08% of their US portfolio.

More notable recent Weibo Corporation (NASDAQ:WB) news were published by: Seekingalpha.com which released: “Weibo -3.9% despite Q1 beats, in-line guide – Seeking Alpha” on May 09, 2018, also Nasdaq.com with their article: “Here’s the Best Way to Play Weibo Stock – Nasdaq” published on August 28, 2018, Nasdaq.com published: “U.S. judge lets Buffett’s Dairy Queen sue W.B. Mason over ‘Blizzard’ – Nasdaq” on January 10, 2019. More interesting news about Weibo Corporation (NASDAQ:WB) were released by: Nasdaq.com and their article: “China Internet Stocks Are Now Dramatically Undervalued – Nasdaq” published on July 31, 2018 as well as Nasdaq.com‘s news article titled: “How Weibo Corp. Stock Jumped 12.3% Higher Today – Nasdaq” with publication date: November 01, 2018.

Among 12 analysts covering Weibo Corp (NASDAQ:WB), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Weibo Corp had 28 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of Weibo Corporation (NASDAQ:WB) has “Overweight” rating given on Monday, July 30 by Barclays Capital. TH Capital maintained Weibo Corporation (NASDAQ:WB) rating on Tuesday, November 17. TH Capital has “Buy” rating and $21.0 target. The rating was maintained by Goldman Sachs with “Neutral” on Thursday, August 11. The rating was reinitiated by JP Morgan with “Overweight” on Wednesday, August 31. The company was maintained on Friday, August 11 by Barclays Capital. Goldman Sachs downgraded Weibo Corporation (NASDAQ:WB) on Monday, May 16 to “Neutral” rating. On Wednesday, August 19 the stock rating was maintained by Piper Jaffray with “Buy”. Barclays Capital maintained Weibo Corporation (NASDAQ:WB) on Wednesday, February 14 with “Buy” rating. Jefferies maintained Weibo Corporation (NASDAQ:WB) rating on Tuesday, January 23. Jefferies has “Buy” rating and $150.0 target. Jefferies maintained the stock with “Buy” rating in Tuesday, October 3 report.

Pictet Asset Management Ltd, which manages about $47.31B US Long portfolio, decreased its stake in Eastman Chem Co (NYSE:EMN) by 3,200 shares to 69,630 shares, valued at $6.67M in 2018Q3, according to the filing. It also reduced its holding in Healthcare Tr Amer Inc (NYSE:HTA) by 44,373 shares in the quarter, leaving it with 903,179 shares, and cut its stake in Facebook Inc (Call) (NASDAQ:FB).

More important recent Capital One Financial Corporation (NYSE:COF) news were published by: Benzinga.com which released: “Barclays Constructive On US Large-Cap Bank Stocks Ahead Of Earnings Reports – Benzinga” on January 11, 2019, also Bizjournals.com published article titled: “Amazon Web, Tysons and Springfield Town Center boosting Fairfax economy – Washington – Washington Business Journal”, Bizjournals.com published: “LendUp splits in two, names new CEO – San Francisco Business Times” on January 11, 2019. More interesting news about Capital One Financial Corporation (NYSE:COF) was released by: Fool.com and their article: “Forget Penny Stocks, Your Money Is Better Off in These 3 Companies – The Motley Fool” with publication date: December 30, 2018.

Diamond Hill Capital Management Inc, which manages about $12.19B and $20.07B US Long portfolio, upped its stake in Bt Group Plc Adr (NYSE:BT) by 39,984 shares to 109,935 shares, valued at $1.62M in 2018Q3, according to the filing. It also increased its holding in Cimarex Energy Co. (NYSE:XEC) by 227,157 shares in the quarter, for a total of 5.62M shares, and has risen its stake in Cal (NASDAQ:CALM).

Analysts await Capital One Financial Corporation (NYSE:COF) to report earnings on January, 22 after the close. They expect $2.49 earnings per share, up 53.70% or $0.87 from last year’s $1.62 per share. COF’s profit will be $1.18B for 8.13 P/E if the $2.49 EPS becomes a reality. After $3.12 actual earnings per share reported by Capital One Financial Corporation for the previous quarter, Wall Street now forecasts -20.19% negative EPS growth.

Since July 24, 2018, it had 0 buys, and 4 selling transactions for $27.83 million activity. Wassmer Michael J sold $227,600 worth of stock or 2,276 shares. FAIRBANK RICHARD D also sold $24.05M worth of Capital One Financial Corporation (NYSE:COF) on Tuesday, July 24. $1.91 million worth of Capital One Financial Corporation (NYSE:COF) was sold by Borgmann Kevin S..

Among 36 analysts covering Capital One Financial Corp. (NYSE:COF), 24 have Buy rating, 1 Sell and 11 Hold. Therefore 67% are positive. Capital One Financial Corp. had 139 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Monday, December 11 by Wedbush. The company was maintained on Friday, July 21 by Wedbush. On Wednesday, December 9 the stock rating was initiated by Sterne Agee CRT with “Neutral”. The stock of Capital One Financial Corporation (NYSE:COF) has “Buy” rating given on Wednesday, March 29 by Nomura. The firm has “Buy” rating given on Tuesday, January 16 by Sandler O’Neill. The company was maintained on Wednesday, January 24 by Piper Jaffray. The stock of Capital One Financial Corporation (NYSE:COF) earned “Outperform” rating by Oppenheimer on Tuesday, July 28. UBS maintained the stock with “Buy” rating in Wednesday, August 12 report. The rating was maintained by RBC Capital Markets on Wednesday, October 25 with “Buy”. The rating was maintained by Nomura with “Neutral” on Wednesday, October 24.

Investors sentiment increased to 1.21 in 2018 Q3. Its up 0.09, from 1.12 in 2018Q2. It is positive, as 33 investors sold COF shares while 251 reduced holdings. 95 funds opened positions while 250 raised stakes. 403.72 million shares or 1.89% less from 411.50 million shares in 2018Q2 were reported. Moreover, First Interstate Commercial Bank has 0.01% invested in Capital One Financial Corporation (NYSE:COF). Oakbrook Llc has 0.17% invested in Capital One Financial Corporation (NYSE:COF). Hbk Investments Limited Partnership has 238,961 shares for 0.23% of their portfolio. Loring Wolcott Coolidge Fiduciary Advsr Llp Ma holds 27 shares or 0% of its portfolio. Manufacturers Life Insur The reported 1.54M shares or 0.15% of all its holdings. The North Carolina-based Salem Investment Counselors has invested 0.09% in Capital One Financial Corporation (NYSE:COF). Waddell Reed Financial Inc reported 616,800 shares. New York-based Bluemountain Capital Mngmt Limited Co has invested 0.1% in Capital One Financial Corporation (NYSE:COF). Cornercap Counsel Incorporated accumulated 82,866 shares or 1.03% of the stock. Sector Pension Invest Board holds 0.01% of its portfolio in Capital One Financial Corporation (NYSE:COF) for 22,517 shares. Triangle Secs Wealth Mgmt owns 9,338 shares. Crow Point Prns Limited Liability accumulated 2,831 shares. Highland Cap Ltd Llc holds 0.34% or 50,110 shares. Df Dent And Inc holds 0.05% of its portfolio in Capital One Financial Corporation (NYSE:COF) for 27,114 shares. Aviance Prtn Ltd Limited Liability Company owns 7,868 shares or 0.18% of their US portfolio.

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