Meridian Management Co Boosted Range Res (RRC) Position by $528,080 as Stock Value Declined; Professional Advisory Services Has Increased Capital One Financial (COF) Stake

December 8, 2017 - By Ellis Scott

Professional Advisory Services Inc increased its stake in Capital One Financial (COF) by 6.8% based on its latest 2017Q2 regulatory filing with the SEC. Professional Advisory Services Inc bought 10,262 shares as the company’s stock declined 12.57% while stock markets rallied. The institutional investor held 161,131 shares of the major banks company at the end of 2017Q2, valued at $13.31M, up from 150,869 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 bullish on the $46.08 billion market cap company. The stock increased 1.28% or $1.2 during the last trading session, reaching $95.07. About 1.75 million shares traded. Capital One Financial Corporation (NYSE:COF) has risen 13.81% since December 8, 2016 and is uptrending. It has underperformed by 2.89% the S&P500.

Meridian Management Co increased its stake in Range Res Corp (RRC) by 82.56% based on its latest 2017Q2 regulatory filing with the SEC. Meridian Management Co bought 22,960 shares as the company’s stock declined 18.29% while stock markets rallied. The institutional investor held 50,770 shares of the oil & gas production company at the end of 2017Q2, valued at $1.18M, up from 27,810 at the end of the previous reported quarter. Meridian Management Co who had been investing in Range Res Corp for a number of months, seems to be bullish on the $3.90 billion market cap company. The stock decreased 3.33% or $0.55 during the last trading session, reaching $15.95. About 9.54 million shares traded or 41.80% up from the average. Range Resources Corporation (NYSE:RRC) has declined 36.05% since December 8, 2016 and is downtrending. It has underperformed by 52.75% the S&P500.

Professional Advisory Services Inc, which manages about $460.95 million US Long portfolio, decreased its stake in Stericycle Inc. (NASDAQ:SRCL) by 20,554 shares to 104,623 shares, valued at $7.99M in 2017Q2, according to the filing. It also reduced its holding in Diageo Plc (NYSE:DEO) by 6,349 shares in the quarter, leaving it with 115,132 shares, and cut its stake in Paypal Holdings Inc..

Investors sentiment increased to 0.95 in 2017 Q2. Its up 0.05, from 0.9 in 2017Q1. It improved, as 60 investors sold COF shares while 267 reduced holdings. 74 funds opened positions while 236 raised stakes. 420.45 million shares or 0.02% less from 420.51 million shares in 2017Q1 were reported. Pnc Group Inc Inc has invested 0.03% in Capital One Financial Corporation (NYSE:COF). Td Asset Management Inc holds 0.09% or 722,902 shares in its portfolio. Capstone Asset Company reported 45,158 shares. Fisher Asset Management Ltd Liability Corp accumulated 1.31 million shares. Michigan-based Greenleaf Tru has invested 0.01% in Capital One Financial Corporation (NYSE:COF). Glenmede Na holds 29,834 shares or 0.01% of its portfolio. Dupont Capital Corp invested 0.29% in Capital One Financial Corporation (NYSE:COF). First Mercantile has invested 0.14% in Capital One Financial Corporation (NYSE:COF). Nfc Invests Limited Company has 2.67% invested in Capital One Financial Corporation (NYSE:COF) for 91,235 shares. Los Angeles Equity reported 3,318 shares stake. Basswood Limited Liability Co holds 2.38% or 588,989 shares in its portfolio. 11,784 are owned by Advisory Ser Ntwk Lc. 329,190 are owned by Eagle Asset Mgmt. Comm Bancorporation holds 3,643 shares or 0% of its portfolio. Farmers Tru invested in 1.05% or 35,795 shares.

Among 35 analysts covering Capital One Financial Corp. (NYSE:COF), 20 have Buy rating, 2 Sell and 13 Hold. Therefore 57% are positive. Capital One Financial Corp. had 88 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Tuesday, January 3. The stock of Capital One Financial Corporation (NYSE:COF) earned “Buy” rating by Goldman Sachs on Friday, February 17. The firm earned “Hold” rating on Friday, October 6 by Robert W. Baird. CLSA upgraded the shares of COF in report on Monday, July 27 to “Buy” rating. Wells Fargo initiated Capital One Financial Corporation (NYSE:COF) on Tuesday, October 10 with “Buy” rating. As per Wednesday, December 9, the company rating was initiated by Sterne Agee CRT. The firm earned “Buy” rating on Friday, September 15 by RBC Capital Markets. The stock of Capital One Financial Corporation (NYSE:COF) has “Neutral” rating given on Tuesday, October 11 by Wedbush. CLSA maintained it with “Buy” rating and $86 target in Friday, September 23 report. The stock has “Outperform” rating by Oppenheimer on Tuesday, October 6.

More notable recent Capital One Financial Corporation (NYSE:COF) news were published by: Reuters.com which released: “Capital One must face overdraft fee lawsuit: US appeals court” on December 01, 2017, also Nasdaq.com with their article: “Aristotle Capital Management, LLC Buys DowDuPont Inc, Capital One Financial …” published on November 18, 2017, Forbes.com published: “Ex-Dividend Reminder: American Campus Communities, Capital One Financial and …” on November 08, 2017. More interesting news about Capital One Financial Corporation (NYSE:COF) were released by: Reuters.com and their article: “Capital One exits mortgage loans business, cuts 1100 jobs” published on November 08, 2017 as well as Bloomberg.com‘s news article titled: “The Strange Case of the Look-Alike Credit Cards” with publication date: December 05, 2017.

Among 38 analysts covering Range Resources Corp. (NYSE:RRC), 26 have Buy rating, 1 Sell and 11 Hold. Therefore 68% are positive. Range Resources Corp. has $65 highest and $18 lowest target. $39.54’s average target is 147.90% above currents $15.95 stock price. Range Resources Corp. had 124 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of RRC in report on Wednesday, November 4 with “Sector Perform” rating. The firm earned “Hold” rating on Tuesday, June 14 by Deutsche Bank. The rating was upgraded by Capital One to “Overweight” on Tuesday, April 4. The firm has “Buy” rating given on Wednesday, January 25 by R. F. Lafferty. The rating was downgraded by BMO Capital Markets to “Market Perform” on Friday, July 29. The firm has “Buy” rating by BMO Capital Markets given on Friday, September 1. The firm has “Buy” rating given on Friday, July 8 by Stifel Nicolaus. The stock has “Buy” rating by Nomura on Monday, February 6. On Monday, October 31 the stock rating was upgraded by Goldman Sachs to “Buy”. KeyBanc Capital Markets downgraded Range Resources Corporation (NYSE:RRC) on Tuesday, April 26 to “Sector Perform” rating.

Investors sentiment decreased to 1.35 in 2017 Q2. Its down 0.01, from 1.36 in 2017Q1. It worsened, as 59 investors sold RRC shares while 108 reduced holdings. 45 funds opened positions while 180 raised stakes. 230.61 million shares or 4.36% more from 220.97 million shares in 2017Q1 were reported. Massmutual Trust Fsb Adv holds 0% or 3,065 shares. Bb&T Securities Limited Com holds 23,239 shares or 0.01% of its portfolio. Oslo Asset Mngmt As reported 580,800 shares. Teachers Retirement Of The State Of Kentucky owns 23,500 shares. Oarsman holds 129,690 shares. Aviva Public Limited Co invested in 144,073 shares. Utd Services Automobile Association holds 0.01% or 185,924 shares. Sg Management Ltd stated it has 236,499 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt Systems stated it has 0.01% in Range Resources Corporation (NYSE:RRC). Lord Abbett & Communications Ltd Liability Corp invested in 576,055 shares. State Of New Jersey Common Pension Fund D holds 1.28 million shares or 0.12% of its portfolio. Van Eck Assoc Corporation accumulated 41,078 shares or 0.01% of the stock. Cubist Systematic Strategies holds 27,996 shares. Carroll Fincl reported 0% of its portfolio in Range Resources Corporation (NYSE:RRC). 1,900 were accumulated by Macquarie.

More recent Range Resources Corporation (NYSE:RRC) news were published by: Seekingalpha.com which released: “Range Resources: Back On Track” on December 08, 2017. Also Seekingalpha.com published the news titled: “Can Range Resources’ 100 Trillion Cubic Feet Of Natural Gas Keep Your …” on November 29, 2017. Nasdaq.com‘s news article titled: “Kitzinger Lautmann Capital Management Inc Buys The Kroger Co, Range Resources …” with publication date: November 17, 2017 was also an interesting one.

Since June 9, 2017, it had 1 insider buy, and 0 insider sales for $91,832 activity. Shares for $91,832 were bought by FUNK JAMES M. Shares for $13,369 were sold by Farquharson Alan W on Friday, June 9.

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