Capital One Financial (COF) Holder Professional Advisory Services Has Trimmed Its Holding by $650,370 as Shares Declined; As Cummins (CMI) Stock Value Declined, Compton Capital Management Has Increased Holding

June 20, 2018 - By Adrian Erickson

Capital One Financial Corporation (NYSE:COF) Logo

Compton Capital Management Inc increased its stake in Cummins Inc (CMI) by 111.62% based on its latest 2018Q1 regulatory filing with the SEC. Compton Capital Management Inc bought 2,930 shares as the company’s stock declined 14.62% with the market. The institutional investor held 5,555 shares of the industrial machinery and components company at the end of 2018Q1, valued at $900,000, up from 2,625 at the end of the previous reported quarter. Compton Capital Management Inc who had been investing in Cummins Inc for a number of months, seems to be bullish on the $22.65B market cap company. The stock decreased 1.33% or $1.86 during the last trading session, reaching $137.91. About 363,603 shares traded. Cummins Inc. (NYSE:CMI) has declined 5.98% since June 20, 2017 and is downtrending. It has underperformed by 18.55% the S&P500. Some Historical CMI News: 22/04/2018 – DJ Cummins Inc, Inst Holders, 1Q 2018 (CMI); 14/03/2018 – Allison Transmission receives certification from California Air Resources Board for model year 2018 hybrid-electric propulsion system paired with Cummins engines; 23/03/2018 – US House of Reps: March 23, 2018 10:14:19 A.M. Today’s prayer was offered by Rev. Dr. Dan C. Cummins, Peoples Church,; 10/05/2018 – Experienced Biotech Executive and Scientific Leader Dr. Stephen Harrison Joins Engine Biosciences as Chief Scientific Officer and Senior Vice President; 01/05/2018 – Cummins Raises Outlook for 2018; 24/05/2018 – CUMMINS INDIA FY DIV/SHR 10 RUPEES; 24/04/2018 – LOUDSPRING OYJ – LOUDSPRING PORTFOLIO COMPANY ENERSIZE SIGNS REVENUE SHARING AGREEMENT WITH BEIJING FOTON CUMMINS; 22/03/2018 – Cricket-De Villiers wicket was catalyst for turnaround – Cummins; 18/04/2018 – Cummins Announces Availability of X12™ With Autocar; 27/04/2018 – Wartsila, private equity among bidders for GE’s Jenbacher

Professional Advisory Services Inc decreased its stake in Capital One Financial (COF) by 4.51% based on its latest 2018Q1 regulatory filing with the SEC. Professional Advisory Services Inc sold 6,846 shares as the company’s stock declined 5.90% with the market. The institutional investor held 144,927 shares of the major banks company at the end of 2018Q1, valued at $13.89M, down from 151,773 at the end of the previous reported quarter. Professional Advisory Services Inc who had been investing in Capital One Financial for a number of months, seems to be less bullish one the $47.03 billion market cap company. The stock increased 0.36% or $0.35 during the last trading session, reaching $96.69. About 285,914 shares traded. Capital One Financial Corporation (NYSE:COF) has risen 19.24% since June 20, 2017 and is uptrending. It has outperformed by 6.67% the S&P500. Some Historical COF News: 16/05/2018 – Capital One Presenting at Conference May 31; 29/03/2018 – Newtek Announces the Signing of a Letter of Intent for New $75.0 Million SBA 504 Credit Facility with Capital One; 24/04/2018 – Capital One 1Q-End Total Assets $362.9 Billion; 24/04/2018 – Correction to Capital One Earnings Review; 24/04/2018 – Capital One Reports First Quarter 2018 Net Income of $1.3 billion, or $2.62 per share; 08/05/2018 – Capital One Announces Sale of Approximately $17B of Mortgages to DLJ Mortgage Cap, Inc., a Subsidiary of Credit Suisse AG; 08/05/2018 – Capital One Already Ceased New Originations of Residential Mortgages, Home-Equity Loan Products; 24/04/2018 – Capital One 1Q Net Charge-Offs $1.6 Billion; 26/04/2018 – INTEL CORP – CO HAS PATCHED ALL CHIPS GOING BACK 9 YEARS AGAINST SPECTRE AND MELTDOWN CHIP FLAWS – CEO, COF CALL; 24/04/2018 – Capital One 1Q Net Interest Income $5.72 Billion

More news for Cummins Inc. (NYSE:CMI) were recently published by: Globenewswire.com, which released: “Recent Analysis Shows Independent Bank, Teradyne, Cummins, Concho Resources, Ameren, and Aflac Market …” on June 11, 2018. Seekingalpha.com‘s article titled: “Cummins: This Large Cap Provides Good Dividends And Could Appreciate By More Than 17%” and published on June 20, 2018 is yet another important article.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.37, from 1.27 in 2017Q4. It turned negative, as 70 investors sold CMI shares while 284 reduced holdings. 71 funds opened positions while 246 raised stakes. 128.35 million shares or 2.63% less from 131.82 million shares in 2017Q4 were reported. 2,751 were accumulated by Camelot Portfolios Ltd Liability Company. Clark Mgmt Group accumulated 210,825 shares or 1.06% of the stock. Yhb Investment Advsrs Inc holds 9,088 shares or 0.25% of its portfolio. Aviva Public Limited Company owns 0.08% invested in Cummins Inc. (NYSE:CMI) for 80,173 shares. Atria Investments reported 0.03% of its portfolio in Cummins Inc. (NYSE:CMI). Piedmont Investment Advsrs has 49,240 shares for 0.21% of their portfolio. Pinnacle Wealth Mngmt Advisory Grp Inc Lc holds 5,321 shares or 0.49% of its portfolio. Supplemental Annuity Collective Tru Of Nj, New Jersey-based fund reported 2,000 shares. Raymond James Fincl Svcs Advsr has 120,546 shares for 0.11% of their portfolio. Louisiana State Employees Retirement System has invested 0.07% in Cummins Inc. (NYSE:CMI). Acropolis Investment Mgmt Limited Liability Company invested in 8,217 shares. Ing Groep Nv invested in 15,913 shares or 0.05% of the stock. Strs Ohio holds 0.01% or 8,007 shares in its portfolio. Pring Turner Cap Group Incorporated reported 18,890 shares. State Of New Jersey Common Pension Fund D stated it has 70,000 shares or 0.04% of all its holdings.

Among 30 analysts covering Cummins (NYSE:CMI), 8 have Buy rating, 2 Sell and 20 Hold. Therefore 27% are positive. Cummins had 117 analyst reports since July 22, 2015 according to SRatingsIntel. Piper Jaffray maintained the shares of CMI in report on Tuesday, October 31 with “Hold” rating. The stock of Cummins Inc. (NYSE:CMI) earned “Outperform” rating by CLSA on Thursday, December 1. The rating was downgraded by Buckingham Research to “Neutral” on Wednesday, May 2. On Thursday, February 22 the stock rating was maintained by Wells Fargo with “Buy”. RBC Capital Markets maintained Cummins Inc. (NYSE:CMI) on Tuesday, October 10 with “Hold” rating. The stock has “Hold” rating by Piper Jaffray on Thursday, April 5. Deutsche Bank maintained it with “Hold” rating and $108 target in Wednesday, October 28 report. The company was maintained on Wednesday, May 2 by Oppenheimer. The rating was maintained by Citigroup with “Neutral” on Friday, May 4. The firm has “Underweight” rating given on Wednesday, October 28 by Barclays Capital.

Analysts await Capital One Financial Corporation (NYSE:COF) to report earnings on July, 19. They expect $2.49 EPS, up 27.04% or $0.53 from last year’s $1.96 per share. COF’s profit will be $1.21 billion for 9.71 P/E if the $2.49 EPS becomes a reality. After $2.65 actual EPS reported by Capital One Financial Corporation for the previous quarter, Wall Street now forecasts -6.04% negative EPS growth.

Professional Advisory Services Inc, which manages about $462.00 million US Long portfolio, upped its stake in Ventas Inc (NYSE:VTR) by 87,199 shares to 340,479 shares, valued at $16.86 million in 2018Q1, according to the filing. It also increased its holding in Procter & Gamble (NYSE:PG) by 44,518 shares in the quarter, for a total of 181,582 shares, and has risen its stake in Microsoft (NASDAQ:MSFT).

Investors sentiment decreased to 1.01 in Q1 2018. Its down 0.02, from 1.03 in 2017Q4. It turned negative, as 43 investors sold COF shares while 260 reduced holdings. 75 funds opened positions while 230 raised stakes. 418.02 million shares or 2.87% more from 406.36 million shares in 2017Q4 were reported. Peapack Gladstone Corp reported 2,877 shares. Maine-based Vigilant Capital Mgmt Ltd Liability Com has invested 0% in Capital One Financial Corporation (NYSE:COF). Mount Vernon Md has 0.61% invested in Capital One Financial Corporation (NYSE:COF) for 4,150 shares. Salzhauer Michael has 0.8% invested in Capital One Financial Corporation (NYSE:COF) for 22,639 shares. Grantham Mayo Van Otterloo & Communication invested 0% of its portfolio in Capital One Financial Corporation (NYSE:COF). Twin Capital Inc holds 0.18% of its portfolio in Capital One Financial Corporation (NYSE:COF) for 36,630 shares. Highlander Cap Management Lc has invested 0.28% in Capital One Financial Corporation (NYSE:COF). Aviance Cap Prtnrs Limited Liability Co invested in 8,268 shares or 0.24% of the stock. Texas Yale Corp reported 0.06% of its portfolio in Capital One Financial Corporation (NYSE:COF). 74,446 are held by Exxonmobil Invest Mgmt Tx. Hancock has invested 0.09% of its portfolio in Capital One Financial Corporation (NYSE:COF). Comm Commercial Bank holds 3,934 shares. State Bank Of New York Mellon holds 0.14% in Capital One Financial Corporation (NYSE:COF) or 5.22 million shares. The Wisconsin-based Northwestern Mutual Wealth Management Co has invested 0.01% in Capital One Financial Corporation (NYSE:COF). Zwj Counsel reported 0.02% of its portfolio in Capital One Financial Corporation (NYSE:COF).

Since January 2, 2018, it had 0 insider purchases, and 20 insider sales for $97.54 million activity. 27,818 Capital One Financial Corporation (NYSE:COF) shares with value of $2.92M were sold by Slocum Michael. Berson Jory A had sold 18,909 shares worth $1.84M on Thursday, June 7. The insider HACKETT ANN F sold 6,361 shares worth $648,822. $1.13M worth of Capital One Financial Corporation (NYSE:COF) was sold by Borgmann Kevin S.. Another trade for 5,607 shares valued at $548,028 was sold by Santos Kleber. WARNER BRADFORD H had sold 3,000 shares worth $285,150 on Monday, April 2.

Cummins Inc. (NYSE:CMI) Institutional Positions Chart

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