NN Investment Partners Holdings N.V. Sells 23,451 Shares of Capital One Financial Corp. (NYSE:COF)

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NN Investment Partners Holdings N.V. cut its stake in Capital One Financial Corp. (NYSE:COF) by 97.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 565 shares of the financial services provider’s stock after selling 23,451 shares during the period. NN Investment Partners Holdings N.V.’s holdings in Capital One Financial were worth $35,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of COF. Quadrant Capital Group LLC boosted its holdings in Capital One Financial by 22.8% in the 4th quarter. Quadrant Capital Group LLC now owns 2,845 shares of the financial services provider’s stock valued at $273,000 after purchasing an additional 528 shares during the period. Guggenheim Capital LLC boosted its holdings in Capital One Financial by 5.0% in the 4th quarter. Guggenheim Capital LLC now owns 53,616 shares of the financial services provider’s stock valued at $5,518,000 after purchasing an additional 2,537 shares during the period. Advisors Asset Management Inc. boosted its holdings in Capital One Financial by 28.9% in the 4th quarter. Advisors Asset Management Inc. now owns 3,835 shares of the financial services provider’s stock valued at $393,000 after purchasing an additional 859 shares during the period. Sunbelt Securities Inc. bought a new stake in Capital One Financial in the 4th quarter valued at $215,000. Finally, Fulton Bank N.A. lifted its holdings in shares of Capital One Financial by 11.0% during the 1st quarter. Fulton Bank N.A. now owns 13,621 shares of the financial services provider’s stock worth $687,000 after acquiring an additional 1,345 shares during the period. 89.08% of the stock is owned by hedge funds and other institutional investors.

Shares of COF opened at $63.80 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.96 and a current ratio of 0.96. Capital One Financial Corp. has a twelve month low of $38.00 and a twelve month high of $107.59. The firm’s 50 day moving average price is $64.43 and its two-hundred day moving average price is $72.37. The firm has a market cap of $29.05 billion, a P/E ratio of 54.07 and a beta of 1.75.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, July 21st. The financial services provider reported ($2.21) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($1.25) by ($0.96). Capital One Financial had a net margin of 0.74% and a return on equity of 1.67%. The company had revenue of $6.56 billion during the quarter, compared to the consensus estimate of $6.88 billion. During the same period in the previous year, the firm posted $3.24 EPS. On average, sell-side analysts anticipate that Capital One Financial Corp. will post -2.26 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Monday, August 10th will be issued a $0.10 dividend. The ex-dividend date is Friday, August 7th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.63%. Capital One Financial’s dividend payout ratio (DPR) is presently 13.23%.

In other news, insider Timothy P. Golden sold 3,334 shares of Capital One Financial stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $57.63, for a total value of $192,138.42. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.47% of the stock is owned by company insiders.

COF has been the subject of a number of analyst reports. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $54.00 to $105.00 in a report on Monday, June 22nd. JPMorgan Chase & Co. reduced their price objective on shares of Capital One Financial from $114.50 to $62.00 and set an “overweight” rating for the company in a report on Thursday, April 23rd. ValuEngine raised shares of Capital One Financial from a “sell” rating to a “hold” rating in a report on Friday, May 1st. Credit Suisse Group reduced their price objective on shares of Capital One Financial from $75.00 to $72.00 and set an “outperform” rating for the company in a report on Friday, April 24th. Finally, Royal Bank of Canada raised their price objective on shares of Capital One Financial from $58.00 to $72.00 in a report on Thursday, June 11th. Five analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Capital One Financial has an average rating of “Buy” and an average price target of $85.47.

Capital One Financial Company Profile

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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