Frontier Wealth Management LLC maintained its position in Capital One Financial Corporation (NYSE:COF) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,213 shares of the financial services provider’s stock at the close of the second quarter. Frontier Wealth Management LLC’s holdings in Capital One Financial Corporation were worth $513,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. South State Corp boosted its holdings in Capital One Financial Corporation by 9.2% in the second quarter. South State Corp now owns 65,457 shares of the financial services provider’s stock valued at $5,408,000 after purchasing an additional 5,510 shares during the period. Sky Investment Group LLC boosted its holdings in Capital One Financial Corporation by 9.4% in the second quarter. Sky Investment Group LLC now owns 3,380 shares of the financial services provider’s stock valued at $279,000 after purchasing an additional 290 shares during the period. CNA Financial Corp boosted its holdings in Capital One Financial Corporation by 20.6% in the second quarter. CNA Financial Corp now owns 31,827 shares of the financial services provider’s stock valued at $2,630,000 after purchasing an additional 5,427 shares during the period. Bank of The Ozarks boosted its holdings in Capital One Financial Corporation by 14.0% in the first quarter. Bank of The Ozarks now owns 9,160 shares of the financial services provider’s stock valued at $794,000 after purchasing an additional 1,125 shares during the period. Finally, AXA boosted its holdings in Capital One Financial Corporation by 28.5% in the first quarter. AXA now owns 148,167 shares of the financial services provider’s stock valued at $12,840,000 after purchasing an additional 32,893 shares during the period. Hedge funds and other institutional investors own 87.99% of the company’s stock.

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COF has been the subject of a number of recent research reports. Wedbush lowered Capital One Financial Corporation from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $94.00 to $80.00 in a report on Wednesday, July 5th. Zacks Investment Research lowered Capital One Financial Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, September 20th. Oppenheimer Holdings, Inc. upgraded Capital One Financial Corporation from an “underperform” rating to a “market perform” rating and set a $82.00 target price for the company in a report on Friday, July 21st. Morgan Stanley reiterated an “overweight” rating and issued a $97.00 target price (down from $100.00) on shares of Capital One Financial Corporation in a report on Thursday, July 6th. Finally, Piper Jaffray Companies initiated coverage on Capital One Financial Corporation in a report on Thursday, September 21st. They issued an “underweight” rating and a $81.00 target price for the company. Five equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $91.68.

Shares of Capital One Financial Corporation (COF) traded up 0.64% during trading on Friday, reaching $84.66. The company had a trading volume of 1,978,072 shares. Capital One Financial Corporation has a 52-week low of $69.49 and a 52-week high of $96.92. The stock has a 50 day moving average of $81.68 and a 200 day moving average of $82.69. The stock has a market capitalization of $40.98 billion, a price-to-earnings ratio of 12.34 and a beta of 1.22.

Capital One Financial Corporation (NYSE:COF) last issued its quarterly earnings results on Thursday, July 20th. The financial services provider reported $1.96 EPS for the quarter, topping the consensus estimate of $1.90 by $0.06. Capital One Financial Corporation had a net margin of 13.32% and a return on equity of 7.92%. The business had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $6.68 billion. During the same quarter last year, the company posted $1.76 earnings per share. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. Equities research analysts forecast that Capital One Financial Corporation will post $7.52 EPS for the current year.

Capital One Financial Corporation announced that its board has authorized a stock repurchase program on Wednesday, June 28th that allows the company to buyback $1.85 billion in outstanding shares. This buyback authorization allows the financial services provider to buy up to 4.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

In related news, CEO Richard D. Fairbank sold 367,419 shares of the stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $87.02, for a total transaction of $31,972,801.38. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.73% of the stock is owned by corporate insiders.

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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