Out Fox The $treet

Wells Fargo hiked capital return plans by over $3 billion. The large bank had the smallest hike of the large banks. The valuation thesis along with lingering fraud headwinds limit the relative value of the stock. At a time when most of the large banks approved massive increases to capital returns,  Wells Fargo  ( WFC ) had a not so surprising limited bump in  capital plans . The end result is the large bank that use to lead the sector in capital returns is now turning into a laggard confirming by previous  investment thesis . Read the full article on Seeking Alpha.  Disclosure: Long C. Please review the disclaimer page for more details. 

Bank Of America passed the Fed stress test with flying colors. The bank is set to substantially increase capital returns without stressing the capital ratios. The stock is a screaming buy that now offers decent yield support. Based on the chart of  Bank Of America  (NYSE: BAC ), the market repeatedly stresses over the prospects of the large financial. The stock has taken repeated hits over the last year despite relatively stable earnings and strong capital ratios. Read the full article on Seeking Alpha Disclosure: No positions mentioned. Please read the disclaimer page for more details.

Target announced details of an improved capital return plan. The details of the plan are far less impressive than the headlines numbers and the excitement stirred up from the early release of the details. Target is offering up the potential for solid yields, but the company has a poor history of implementing previous buybacks. The news of updated Target (NYSE: TGT ) capital returns received a ton of media attention over the last few days due to internal company issues and possibly undue respect for the headline numbers. Read the full article on Seeking Alpha. Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

Delta Air Lines announces an increased capital return plan. The new plan includes a major boost to the dividend and stock buyback plan. The new Delta Air Lines plan still fails to push the yield to the highest in the market unless the airline accelerates the plan. Prior to the open, Delta Air Lines (NYSE: DAL ) announced a major increase to their capital return plan. The airline was already ahead of the industry and especially the legacy airlines in returning capital to shareholders. This new plan greatly expands the previous plan. Read the full article on Seeking Alpha. Disclosure: No position mentioned. Please review the disclaimer page for more details.