Bbva Compass Bancshares Inc. raised its stake in Capital One Financial Corp. (NYSE:COF) by 8.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 71,139 shares of the financial services provider’s stock after buying an additional 5,611 shares during the period. Bbva Compass Bancshares Inc.’s holdings in Capital One Financial Corp. were worth $5,110,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Acrospire Investment Management LLC increased its stake in shares of Capital One Financial Corp. by 70.0% in the second quarter. Acrospire Investment Management LLC now owns 1,700 shares of the financial services provider’s stock valued at $108,000 after buying an additional 700 shares during the period. Global X Management Co. LLC increased its stake in shares of Capital One Financial Corp. by 178.0% in the third quarter. Global X Management Co. LLC now owns 1,982 shares of the financial services provider’s stock valued at $142,000 after buying an additional 1,269 shares during the period. NCM Capital Management Group Inc. increased its stake in shares of Capital One Financial Corp. by 13.5% in the third quarter. NCM Capital Management Group Inc. now owns 2,525 shares of the financial services provider’s stock valued at $181,000 after buying an additional 300 shares during the period. Cornerstone Financial Partners LLC acquired a new stake in shares of Capital One Financial Corp. during the third quarter valued at $200,000. Finally, Cobiz Investment Management LLC acquired a new stake in shares of Capital One Financial Corp. during the third quarter valued at $206,000. Institutional investors and hedge funds own 89.72% of the company’s stock.

Institutional Ownership by Quarter for Capital One Financial Corp. (NYSE:COF)

Capital One Financial Corp. (NYSE:COF) traded up 1.74% during trading on Wednesday, hitting $84.04. 3,793,243 shares of the company traded hands. The firm has a 50 day moving average of $76.57 and a 200 day moving average of $70.73. The firm has a market cap of $42.11 billion, a P/E ratio of 12.01 and a beta of 1.21. Capital One Financial Corp. has a one year low of $58.03 and a one year high of $84.80.

Capital One Financial Corp. (NYSE:COF) last released its earnings results on Tuesday, October 25th. The financial services provider reported $2.03 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.09. Capital One Financial Corp. had a net margin of 14.37% and a return on equity of 8.44%. The business had revenue of $6.46 billion for the quarter, compared to the consensus estimate of $432.47 million. During the same period in the previous year, the firm earned $2.10 EPS. The business’s revenue for the quarter was up 9.5% on a year-over-year basis. On average, analysts expect that Capital One Financial Corp. will post $7.06 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 25th. Stockholders of record on Monday, November 14th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, November 9th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.90%. Capital One Financial Corp.’s dividend payout ratio is currently 22.82%.

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Several brokerages have recently weighed in on COF. Stifel Nicolaus downgraded shares of Capital One Financial Corp. from a “buy” rating to a “hold” rating and increased their target price for the stock from $76.00 to $84.00 in a research note on Monday, November 14th. Morgan Stanley reissued a “buy” rating and set a $83.00 price target on shares of Capital One Financial Corp. in a report on Wednesday, August 17th. Oppenheimer Holdings Inc. reissued an “underperform” rating and set a $59.00 price target on shares of Capital One Financial Corp. in a report on Thursday, August 25th. Zacks Investment Research raised shares of Capital One Financial Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, September 27th. Finally, Credit Suisse Group AG reissued a “hold” rating on shares of Capital One Financial Corp. in a report on Friday, September 16th. Four equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and thirteen have issued a buy rating to the stock. Capital One Financial Corp. presently has an average rating of “Hold” and a consensus target price of $79.31.

In other news, CEO Richard D. Fairbank sold 873,024 shares of the business’s stock in a transaction that occurred on Friday, November 11th. The shares were sold at an average price of $77.63, for a total transaction of $67,772,853.12. Following the sale, the chief executive officer now owns 2,809,767 shares in the company, valued at $218,122,212.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Richard D. Fairbank sold 265,914 shares of the business’s stock in a transaction that occurred on Friday, October 28th. The shares were sold at an average price of $75.16, for a total transaction of $19,986,096.24. The disclosure for this sale can be found here. Insiders own 1.94% of the company’s stock.

Capital One Financial Corp. Company Profile

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