Salem Investment Counselors Inc. cut its stake in shares of Capital One Financial Corporation (NYSE:COF) by 0.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,589 shares of the financial services provider’s stock after selling 10 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Capital One Financial Corporation were worth $792,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. UBS Asset Management Americas Inc. lifted its stake in Capital One Financial Corporation by 13.2% in the 1st quarter. UBS Asset Management Americas Inc. now owns 1,632,851 shares of the financial services provider’s stock valued at $141,503,000 after purchasing an additional 190,633 shares during the last quarter. Thornburg Investment Management Inc. boosted its position in Capital One Financial Corporation by 4.2% in the first quarter. Thornburg Investment Management Inc. now owns 1,091,551 shares of the financial services provider’s stock valued at $94,594,000 after buying an additional 44,265 shares in the last quarter. Airain ltd grew its stake in shares of Capital One Financial Corporation by 1,113.1% during the first quarter. Airain ltd now owns 94,868 shares of the financial services provider’s stock worth $8,221,000 after buying an additional 87,048 shares during the last quarter. Family Legacy Inc. bought a new stake in shares of Capital One Financial Corporation during the first quarter worth $822,000. Finally, Keybank National Association OH grew its stake in shares of Capital One Financial Corporation by 4.4% during the first quarter. Keybank National Association OH now owns 358,699 shares of the financial services provider’s stock worth $31,085,000 after buying an additional 15,146 shares during the last quarter. 87.99% of the stock is currently owned by institutional investors.

A number of research analysts have recently commented on the company. Wedbush cut Capital One Financial Corporation from a “neutral” rating to an “underperform” rating and dropped their price target for the company from $94.00 to $80.00 in a research note on Wednesday, July 5th. Compass Point started coverage on Capital One Financial Corporation in a research report on Thursday, August 10th. They set a “neutral” rating and a $90.00 price objective on the stock. Oppenheimer Holdings, Inc. set a $82.00 target price on Capital One Financial Corporation and gave the stock a “sell” rating in a report on Tuesday, July 11th. Piper Jaffray Companies began 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. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $103.00 target price on shares of Capital One Financial Corporation in a research report on Tuesday, June 20th. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Capital One Financial Corporation currently has a consensus rating of “Hold” and an average price target of $92.00.

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Capital One Financial Corporation (COF) traded up 0.47% during trading on Monday, hitting $85.06. 446,215 shares of the stock were exchanged. The stock has a market cap of $41.17 billion, a P/E ratio of 12.40 and a beta of 1.23. The stock has a 50 day moving average of $81.68 and a 200-day moving average of $82.69. Capital One Financial Corporation has a 52 week low of $70.50 and a 52 week high of $96.92.

Capital One Financial Corporation (NYSE:COF) last announced its quarterly earnings results on Thursday, July 20th. The financial services provider reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.06. The company had revenue of $6.70 billion during 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%. The firm’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.76 earnings per share. Equities analysts expect that Capital One Financial Corporation will post $7.52 EPS for the current fiscal year.

Capital One Financial Corporation declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, June 28th that authorizes the company to buyback $1.85 billion in outstanding shares. This buyback authorization authorizes the financial services provider to reacquire up to 4.6% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

In other Capital One Financial Corporation news, CEO Richard D. Fairbank sold 367,419 shares of the company’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $87.02, for a total value of $31,972,801.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.73% of the stock is currently owned by insiders.

Capital One Financial Corporation Profile

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.

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

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