Burke & Herbert Bank & Trust Co. Maintains Stake in Capital One Financial Corp. (COF)

Burke & Herbert Bank & Trust Co. maintained its position in shares of Capital One Financial Corp. (NYSE:COF) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,426 shares of the financial services provider’s stock at the end of the first quarter. Burke & Herbert Bank & Trust Co.’s holdings in Capital One Financial Corp. were worth $297,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Psagot Investment House Ltd. acquired a new position in shares of Capital One Financial Corp. during the fourth quarter worth approximately $105,000. Advantage Investment Management LLC acquired a new position in shares of Capital One Financial Corp. during the fourth quarter worth approximately $112,000. Israel Discount Bank of New York GFN acquired a new position in shares of Capital One Financial Corp. during the fourth quarter worth approximately $123,000. Global X Management Co. LLC boosted its position in shares of Capital One Financial Corp. by 178.0% in the third quarter. Global X Management Co. LLC now owns 1,982 shares of the financial services provider’s stock worth $142,000 after buying an additional 1,269 shares in the last quarter. Finally, SRB Corp boosted its position in shares of Capital One Financial Corp. by 14.2% in the third quarter. SRB Corp now owns 2,285 shares of the financial services provider’s stock worth $164,000 after buying an additional 284 shares in the last quarter. Hedge funds and other institutional investors own 88.38% of the company’s stock.

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

Shares of Capital One Financial Corp. (NYSE:COF) traded down 1.25% during mid-day trading on Friday, hitting $82.67. 2,520,050 shares of the stock were exchanged. The stock’s 50-day moving average is $86.63 and its 200-day moving average is $84.68. Capital One Financial Corp. has a 52 week low of $58.03 and a 52 week high of $96.92. The stock has a market capitalization of $39.69 billion, a price-to-earnings ratio of 11.99 and a beta of 1.24.

Capital One Financial Corp. (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 24th. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.61 by $0.16. Capital One Financial Corp. had a return on equity of 8.06% and a net margin of 13.63%. The company earned $6.57 billion during the quarter, compared to the consensus estimate of $6.66 billion. During the same quarter in the prior year, the business earned $1.58 earnings per share. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. Analysts forecast that Capital One Financial Corp. will post $7.85 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by Community Financial News and is owned by of Community Financial News. If you are viewing this news story on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The legal version of this news story can be viewed at https://www.com-unik.info/2017/04/21/burke-herbert-bank-trust-co-has-297000-stake-in-capital-one-financial-corp-cof-updated.html.

COF has been the subject of a number of research analyst reports. Rafferty Capital Markets upgraded shares of Capital One Financial Corp. from a “hold” rating to a “buy” rating and set a $109.00 target price for the company in a research note on Thursday, January 26th. BMO Capital Markets reiterated a “buy” rating and issued a $103.00 target price on shares of Capital One Financial Corp. in a research note on Wednesday, January 25th. Royal Bank of Canada reiterated a “buy” rating on shares of Capital One Financial Corp. in a research note on Tuesday, April 4th. Nomura upgraded shares of Capital One Financial Corp. from a “neutral” rating to a “buy” rating and lifted their target price for the company from $97.00 to $105.00 in a research note on Wednesday, March 29th. Finally, Instinet raised shares of Capital One Financial Corp. from a “neutral” rating to a “buy” rating and raised their price target for the company from $97.00 to $105.00 in a report on Wednesday, March 29th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $89.63.

In other news, insider Christopher T. Newkirk sold 5,238 shares of the business’s stock in a transaction dated Thursday, March 16th. The stock was sold at an average price of $90.46, for a total transaction of $473,829.48. Following the sale, the insider now owns 26,364 shares in the company, valued at $2,384,887.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael J. Wassmer sold 734 shares of the business’s stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of $86.88, for a total value of $63,769.92. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 833,935 shares of company stock valued at $74,412,906. Corporate insiders own 1.94% of the company’s stock.

Capital One Financial Corp. Company 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.

5 Day Chart for NYSE:COF

What are top analysts saying about Capital One Financial Corp.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Capital One Financial Corp. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit