Financial Architects Inc continued to hold its stake in Capital One Financial Corporation (NYSE:COF) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,120 shares of the financial services provider’s stock at the end of the second quarter. Financial Architects Inc’s holdings in Capital One Financial Corporation were worth $258,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of COF. BlackRock Inc. raised its stake in Capital One Financial Corporation by 3,066.1% in the first quarter. BlackRock Inc. now owns 31,294,690 shares of the financial services provider’s stock worth $2,711,996,000 after buying an additional 30,306,250 shares during the period. AQR Capital Management LLC raised its position in shares of Capital One Financial Corporation by 71.8% in the first quarter. AQR Capital Management LLC now owns 3,255,551 shares of the financial services provider’s stock valued at $282,126,000 after buying an additional 1,360,057 shares during the last quarter. Prudential Financial Inc. raised its position in shares of Capital One Financial Corporation by 106.6% in the first quarter. Prudential Financial Inc. now owns 2,321,767 shares of the financial services provider’s stock valued at $201,204,000 after buying an additional 1,197,860 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Capital One Financial Corporation by 3.2% in the first quarter. Vanguard Group Inc. now owns 31,454,174 shares of the financial services provider’s stock valued at $2,725,818,000 after buying an additional 963,101 shares during the last quarter. Finally, Assenagon Asset Management S.A. acquired a new position in shares of Capital One Financial Corporation during the first quarter valued at $63,369,000. 87.71% of the stock is owned by institutional investors and hedge funds.

Shares of Capital One Financial Corporation (NYSE COF) traded up 0.88% on Monday, hitting $85.15. The company’s stock had a trading volume of 1,388,258 shares. The firm has a market cap of $41.21 billion, a price-to-earnings ratio of 12.42 and a beta of 1.20. Capital One Financial Corporation has a 52 week low of $66.61 and a 52 week high of $96.92. The stock’s 50-day moving average price is $82.67 and its 200-day moving average price is $84.69.

Capital One Financial Corporation (NYSE:COF) last released its quarterly earnings data on Thursday, July 20th. The financial services provider reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.06. The business had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.68 billion. Capital One Financial Corporation had a return on equity of 7.92% and a net margin of 13.32%. Capital One Financial Corporation’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the firm posted $1.76 earnings per share. Equities analysts expect that Capital One Financial Corporation will post $7.53 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 17th. Investors of record on Monday, August 7th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.88%. The ex-dividend date is Thursday, August 3rd. Capital One Financial Corporation’s dividend payout ratio (DPR) is presently 23.43%.

Capital One Financial Corporation announced that its board has authorized a stock repurchase plan on Wednesday, June 28th that allows the company to repurchase $1.85 billion in outstanding shares. This repurchase authorization allows the financial services provider to purchase up to 4.6% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

WARNING: “Capital One Financial Corporation (NYSE:COF) Stake Maintained by Financial Architects Inc” was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and international copyright and trademark legislation. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/08/07/financial-architects-inc-maintains-position-in-capital-one-financial-corporation-nysecof-updated.html.

Several brokerages recently weighed in on COF. Wedbush lowered shares of Capital One Financial Corporation from a “neutral” rating to an “underperform” rating and cut their price objective for the company from $94.00 to $80.00 in a research report on Wednesday, July 5th. Oppenheimer Holdings, Inc. cut their price objective on shares of Capital One Financial Corporation from $84.00 to $80.00 and set an “underperform” rating on the stock in a research report on Wednesday, April 26th. BMO Capital Markets reaffirmed a “buy” rating and set a $103.00 price objective on shares of Capital One Financial Corporation in a research report on Tuesday, June 20th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $106.00 price objective on shares of Capital One Financial Corporation in a research report on Friday, June 16th. Finally, CIBC reaffirmed an “underperform” rating on shares of Capital One Financial Corporation in a research report on Tuesday, July 11th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Capital One Financial Corporation currently has a consensus rating of “Hold” and a consensus price target of $92.90.

In related news, CEO Richard D. Fairbank sold 367,419 shares of the firm’s stock in a transaction dated Wednesday, July 26th. The stock was sold at an average price of $87.02, for a total value of $31,972,801.38. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.73% of the company’s stock.

About Capital One Financial Corporation

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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

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