Commerzbank Aktiengesellschaft FI Purchases Shares of 18,457 Capital One Financial Corporation (COF)

Commerzbank Aktiengesellschaft FI purchased a new position in shares of Capital One Financial Corporation (NYSE:COF) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,457 shares of the financial services provider’s stock, valued at approximately $1,563,000.

Other hedge funds have also bought and sold shares of the company. Savant Capital LLC grew its holdings in shares of Capital One Financial by 0.9% in the second quarter. Savant Capital LLC now owns 3,213 shares of the financial services provider’s stock worth $265,000 after purchasing an additional 28 shares during the last quarter. ARGA Investment Management LP boosted its holdings in Capital One Financial by 0.3% in the second quarter. ARGA Investment Management LP now owns 11,002 shares of the financial services provider’s stock valued at $909,000 after acquiring an additional 32 shares in the last quarter. Linscomb & Williams Inc. boosted its holdings in Capital One Financial by 1.1% in the second quarter. Linscomb & Williams Inc. now owns 2,953 shares of the financial services provider’s stock valued at $244,000 after acquiring an additional 33 shares in the last quarter. Northern Capital Management LLC boosted its holdings in Capital One Financial by 0.6% in the second quarter. Northern Capital Management LLC now owns 18,974 shares of the financial services provider’s stock valued at $1,568,000 after acquiring an additional 110 shares in the last quarter. Finally, Calamos Wealth Management LLC boosted its holdings in Capital One Financial by 0.8% in the second quarter. Calamos Wealth Management LLC now owns 14,228 shares of the financial services provider’s stock valued at $1,176,000 after acquiring an additional 113 shares in the last quarter. 88.43% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Robert M. Alexander sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $92.18, for a total transaction of $460,900.00. Following the completion of the transaction, the insider now directly owns 89,603 shares in the company, valued at approximately $8,259,604.54. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Robert M. Alexander sold 76,354 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $94.84, for a total value of $7,241,413.36. Following the transaction, the insider now owns 89,603 shares of the company’s stock, valued at $8,497,948.52. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 131,868 shares of company stock valued at $12,378,192. Corporate insiders own 1.73% of the company’s stock.

Capital One Financial Corporation (NYSE:COF) traded down $0.04 during trading on Thursday, hitting $93.87. The company’s stock had a trading volume of 1,465,900 shares, compared to its average volume of 2,611,424. The company has a market cap of $45,522.33, a P/E ratio of 12.39, a P/E/G ratio of 1.40 and a beta of 1.28. Capital One Financial Corporation has a 1-year low of $76.05 and a 1-year high of $96.92. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 1.17.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.15 by $0.27. The business had revenue of $6.99 billion during the quarter, compared to the consensus estimate of $6.81 billion. Capital One Financial had a return on equity of 8.25% and a net margin of 13.34%. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the previous year, the company posted $2.03 EPS. equities research analysts forecast that Capital One Financial Corporation will post 7.97 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 24th. Shareholders of record on Monday, November 13th were paid a dividend of $0.40 per share. The ex-dividend date was Friday, November 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.70%. Capital One Financial’s dividend payout ratio is currently 22.63%.

Several research firms recently weighed in on COF. Compass Point began coverage on shares of Capital One Financial in a report on Thursday, August 10th. They issued a “neutral” rating and a $90.00 price target on the stock. Keefe, Bruyette & Woods set a $106.00 price target on shares of Capital One Financial and gave the company a “buy” rating in a report on Tuesday, August 15th. BidaskClub cut shares of Capital One Financial from a “sell” rating to a “strong sell” rating in a report on Monday, August 14th. Buckingham Research began coverage on shares of Capital One Financial in a report on Monday, October 2nd. They issued a “buy” rating and a $99.00 price target on the stock. Finally, Piper Jaffray Companies initiated coverage on shares of Capital One Financial in a report on Thursday, September 21st. They issued an “underweight” rating and a $81.00 price target on the stock. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. Capital One Financial has an average rating of “Hold” and an average price target of $95.52.

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Capital One Financial 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.

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

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