Capital One Financial Corporation (COF) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC lowered its stake in Capital One Financial Corporation (NYSE:COF) by 27.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,759 shares of the financial services provider’s stock after selling 4,016 shares during the quarter. Private Advisor Group LLC’s holdings in Capital One Financial Corporation were worth $883,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in COF. Acadian Asset Management LLC grew its position in Capital One Financial Corporation by 638.2% in the 1st quarter. Acadian Asset Management LLC now owns 7,862 shares of the financial services provider’s stock valued at $681,000 after purchasing an additional 6,797 shares during the period. Diamond Hill Capital Management Inc. grew its position in Capital One Financial Corporation by 3.9% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 4,678,013 shares of the financial services provider’s stock valued at $405,397,000 after purchasing an additional 175,036 shares during the period. Bbva Compass Bancshares Inc. grew its position in Capital One Financial Corporation by 6.6% in the 1st quarter. Bbva Compass Bancshares Inc. now owns 83,900 shares of the financial services provider’s stock valued at $7,271,000 after purchasing an additional 5,177 shares during the period. DekaBank Deutsche Girozentrale grew its position in Capital One Financial Corporation by 2.3% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 156,765 shares of the financial services provider’s stock valued at $13,759,000 after purchasing an additional 3,482 shares during the period. Finally, Daiwa Securities Group Inc. grew its position in Capital One Financial Corporation by 16.7% in the 1st quarter. Daiwa Securities Group Inc. now owns 15,054 shares of the financial services provider’s stock valued at $1,305,000 after purchasing an additional 2,150 shares during the period. Institutional investors own 88.05% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Capital One Financial Corporation (COF) Shares Sold by Private Advisor Group LLC” was posted by Ticker Report and is owned by of Ticker Report. If you are viewing this report on another publication, it was stolen and republished in violation of United States & international copyright and trademark laws. The correct version of this report can be viewed at https://www.tickerreport.com/banking-finance/2886418/capital-one-financial-corporation-cof-shares-sold-by-private-advisor-group-llc.html.

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

Shares of Capital One Financial Corporation (NYSE:COF) opened at 79.06 on Tuesday. Capital One Financial Corporation has a 1-year low of $69.49 and a 1-year high of $96.92. The stock’s 50 day moving average price is $82.82 and its 200-day moving average price is $83.33. The company has a market capitalization of $38.27 billion, a PE ratio of 11.53 and a beta of 1.22.

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

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 17th. Investors of record on Monday, August 7th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, August 3rd. This represents a $1.60 annualized dividend and a dividend yield of 2.02%. Capital One Financial Corporation’s dividend payout ratio (DPR) is presently 23.43%.

Capital One Financial Corporation declared that its Board of Directors has initiated a stock repurchase program on Wednesday, June 28th that permits the company to repurchase $1.85 billion in outstanding shares. This repurchase authorization permits the financial services provider to repurchase up to 4.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

COF has been the subject of several research reports. Wedbush downgraded shares of Capital One Financial Corporation from a “neutral” rating to an “underperform” rating and reduced their price target for the company from $94.00 to $80.00 in a research report on Wednesday, July 5th. Wells Fargo & Company reissued a “market perform” rating and issued a $85.00 price target (down previously from $88.00) on shares of Capital One Financial Corporation in a research report on Sunday, May 21st. Oppenheimer Holdings, Inc. raised shares of Capital One Financial Corporation from an “underperform” rating to a “market perform” rating and set a $82.00 price target for the company in a research report on Friday, July 21st. Morgan Stanley reissued an “overweight” rating and issued a $97.00 price target (down previously from $100.00) on shares of Capital One Financial Corporation in a research report on Thursday, July 6th. Finally, BidaskClub downgraded shares of Capital One Financial Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $92.19.

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)

Receive News & Ratings for Capital One Financial Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.