Sequoia Financial Advisors LLC bought a new position in shares of Capital One Financial Corp. (NYSE:COF) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,689 shares of the financial services provider’s stock, valued at approximately $244,000.

Several other hedge funds have also made changes to their positions in COF. FMR LLC raised its stake in shares of Capital One Financial by 7.3% during the 1st quarter. FMR LLC now owns 18,589,892 shares of the financial services provider’s stock worth $1,518,608,000 after buying an additional 1,259,001 shares during the period. Ceredex Value Advisors LLC raised its stake in shares of Capital One Financial by 104.5% during the 1st quarter. Ceredex Value Advisors LLC now owns 1,005,350 shares of the financial services provider’s stock worth $82,127,000 after buying an additional 513,675 shares during the period. Geode Capital Management LLC raised its stake in shares of Capital One Financial by 6.3% during the 4th quarter. Geode Capital Management LLC now owns 6,275,759 shares of the financial services provider’s stock worth $473,568,000 after buying an additional 370,154 shares during the period. CIBC Private Wealth Group LLC raised its stake in shares of Capital One Financial by 31.6% during the 1st quarter. CIBC Private Wealth Group LLC now owns 1,373,473 shares of the financial services provider’s stock worth $112,198,000 after buying an additional 329,936 shares during the period. Finally, Marshall Wace LLP acquired a new position in Capital One Financial in the 1st quarter valued at $25,307,000. 88.28% of the stock is owned by institutional investors and hedge funds.

Several research analysts recently commented on the company. Credit Suisse Group set a $118.00 price objective on Capital One Financial and gave the company a “buy” rating in a research note on Friday, July 19th. ValuEngine downgraded Capital One Financial from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st. BMO Capital Markets set a $141.00 price objective on Capital One Financial and gave the company a “buy” rating in a research note on Friday, July 19th. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and increased their price objective for the company from $95.00 to $115.00 in a research note on Tuesday, May 14th. Finally, Deutsche Bank reissued a “hold” rating and issued a $98.00 price objective on shares of Capital One Financial in a research note on Monday, July 8th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $105.11.

Shares of COF traded down $2.40 during midday trading on Wednesday, reaching $84.81. The company had a trading volume of 41,527 shares, compared to its average volume of 2,428,948. Capital One Financial Corp. has a 1-year low of $69.90 and a 1-year high of $101.26. The company has a market capitalization of $41.08 billion, a PE ratio of 7.78, a PEG ratio of 0.96 and a beta of 1.24. The business has a 50 day simple moving average of $91.09. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.00 and a current ratio of 1.00.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, July 18th. The financial services provider reported $3.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.53. Capital One Financial had a return on equity of 10.68% and a net margin of 17.50%. The business had revenue of $7.12 billion during the quarter, compared to the consensus estimate of $7.01 billion. During the same period last year, the company earned $3.71 EPS. The company’s revenue for the quarter was down .9% on a year-over-year basis. On average, sell-side analysts predict that Capital One Financial Corp. will post 11.46 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Monday, August 5th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend is Friday, August 2nd. Capital One Financial’s dividend payout ratio (DPR) is presently 14.71%.

In other news, insider Michael J. Wassmer sold 8,212 shares of the stock in a transaction on Wednesday, July 24th. The stock was sold at an average price of $95.03, for a total transaction of $780,386.36. Following the completion of the transaction, the insider now directly owns 84,679 shares in the company, valued at approximately $8,047,045.37. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Bradford H. Warner sold 4,000 shares of the stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $85.98, for a total value of $343,920.00. Following the transaction, the director now owns 57,930 shares of the company’s stock, valued at $4,980,821.40. The disclosure for this sale can be found here. Insiders sold a total of 55,149 shares of company stock valued at $5,053,283 over the last ninety days. Corporate insiders own 1.43% of the company’s stock.

About Capital One Financial

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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

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