CSat Investment Advisory L.P. Raises Stock Holdings in Capital One Financial Corp. (NYSE:COF)

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CSat Investment Advisory L.P. increased its stake in shares of Capital One Financial Corp. (NYSE:COF) by 7.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,396 shares of the financial services provider’s stock after purchasing an additional 1,209 shares during the quarter. Capital One Financial makes up 0.6% of CSat Investment Advisory L.P.’s holdings, making the stock its 29th largest position. CSat Investment Advisory L.P.’s holdings in Capital One Financial were worth $1,578,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of COF. Crestline Management LP acquired a new stake in Capital One Financial in the second quarter valued at approximately $1,932,000. Westpac Banking Corp grew its holdings in Capital One Financial by 3.0% in the first quarter. Westpac Banking Corp now owns 83,699 shares of the financial services provider’s stock valued at $6,837,000 after purchasing an additional 2,437 shares during the period. Bridges Investment Management Inc. grew its holdings in Capital One Financial by 3.1% in the second quarter. Bridges Investment Management Inc. now owns 385,247 shares of the financial services provider’s stock valued at $34,958,000 after purchasing an additional 11,726 shares during the period. Calamos Advisors LLC grew its holdings in Capital One Financial by 3.4% in the second quarter. Calamos Advisors LLC now owns 428,670 shares of the financial services provider’s stock valued at $38,897,000 after purchasing an additional 14,052 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Capital One Financial by 2.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 3,497,321 shares of the financial services provider’s stock valued at $317,347,000 after acquiring an additional 95,246 shares in the last quarter. Hedge funds and other institutional investors own 88.76% of the company’s stock.

NYSE COF traded down $0.53 on Friday, hitting $92.74. 2,810,496 shares of the stock were exchanged, compared to its average volume of 1,949,730. The company’s 50-day moving average price is $87.93 and its two-hundred day moving average price is $88.56. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Corp. has a 52-week low of $69.90 and a 52-week high of $100.05. The company has a market capitalization of $44.16 billion, a price-to-earnings ratio of 8.52, a P/E/G ratio of 1.16 and a beta of 1.26.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, July 18th. The financial services provider reported $3.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.84 by $0.53. The firm had revenue of $7.12 billion during the quarter, compared to analyst estimates of $7.01 billion. Capital One Financial had a net margin of 17.50% and a return on equity of 10.68%. The business’s revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.71 EPS. Equities analysts predict that Capital One Financial Corp. will post 11.52 EPS for the current fiscal year.

In other Capital One Financial news, insider Michael J. Wassmer sold 8,212 shares of the stock in a transaction on Wednesday, July 24th. The shares were sold at an average price of $95.03, for a total value of $780,386.36. Following the completion of the sale, the insider now owns 84,679 shares in the company, valued at $8,047,045.37. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Bradford H. Warner sold 14,500 shares of the firm’s stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $91.74, for a total transaction of $1,330,230.00. Following the sale, the director now owns 40,621 shares of the company’s stock, valued at approximately $3,726,570.54. The disclosure for this sale can be found here. Insiders have sold 32,041 shares of company stock worth $2,978,213 over the last quarter. 1.43% of the stock is owned by company insiders.

Several equities analysts have recently weighed in on the company. BMO Capital Markets set a $141.00 target price on Capital One Financial and gave the company a “buy” rating in a research report on Friday, July 19th. Morgan Stanley set a $99.00 target price on Capital One Financial and gave the company a “hold” rating in a research report on Friday, August 9th. Credit Suisse Group set a $118.00 target price on Capital One Financial and gave the company a “buy” rating in a research report on Friday, July 19th. Piper Jaffray Companies decreased their target price on Capital One Financial from $111.00 to $107.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 11th. Finally, Deutsche Bank restated a “hold” rating and issued a $98.00 target price on shares of Capital One Financial in a research report on Monday, July 8th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the stock. Capital One Financial currently has an average rating of “Hold” and a consensus target price of $104.89.

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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