Cornerstone Investment Partners Has Increased Its Capital One Financial Corp. (COF) Holding by $7.88 Million; As Legg Mason (LM) Valuation Rose, Holder Shanda Payment Holdings LTD Has Decreased by $2.75 Million Its Position
The institutional investor held 100,000 shares of the finance company at the end of 2019Q1, valued at $2.74 million, down from 202,000 at the end of the previous reported quarter. It has underperformed by 1.44% the S&P500. Some Historical COF News: 08/05/2018 – MEDIA-Credit Suisse re-sells Capital One mortages to Pimco; 05/03/2018 StarBusinessClub: Amazon in talks with JPMorgan, Capital One over chequing accounts; 05/04/2018 – Small Business Owners Unsure of Tax Reform Benefits; 15/03/2018 – Capital One February U.S. Net Charge-Off Rate 5.16%; 24/04/2018 – Correction to Capital One Earnings Review; 15/05/2018 – Capital One U.S. April 30-Day Delinquency Rate 3.33%; 24/04/2018 – Capital One 1q Net Interest Margin 6.93%; 09/03/2018 – Fed Says It Will Not Object To Capital One’s Resubmitted Capital Plan — MarketWatch; 15/03/2018 – CAPITAL ONE FINANCIAL — FEBRUARY AUTO NET CHARGE-OFFS RATE 1.39 PCT VS 2.01 PCT IN JANUARY; 24/04/2018 – CAPITAL ONE FINANCIAL CORP QTRLY NET INTEREST INCOME OF $5,718 MLN VS $ 5,474 MLN. Cornerstone Investment Partners Llc, which manages about $8.61B and $2.25 billion US Long portfolio, decreased its stake in Thermo Fisher Scientific Inc. (NYSE:TMO) by 199,103 shares to 17,727 shares, valued at $4.85M in 2019Q1, according to the filing. Moreover, Pl Capital Advsr Limited Liability Company has 1.84% invested in Capital One Financial Corporation (NYSE:COF) for 77,800 shares.