Calamos Advisors LLC Boosts Stake in Capital One Financial Corporation (COF)

Calamos Advisors LLC lifted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 3.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 74,744 shares of the financial services provider’s stock after buying an additional 2,739 shares during the period. Calamos Advisors LLC’s holdings in Capital One Financial Corporation were worth $6,328,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. BB&T Investment Services Inc. acquired a new stake in shares of Capital One Financial Corporation during the second quarter worth $108,000. Seven Eight Capital LP lifted its stake in shares of Capital One Financial Corporation by 16.7% during the second quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock worth $116,000 after buying an additional 200 shares during the period. Bronfman E.L. Rothschild L.P. lifted its stake in shares of Capital One Financial Corporation by 47.1% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,652 shares of the financial services provider’s stock worth $137,000 after buying an additional 529 shares during the period. Archford Capital Strategies LLC lifted its stake in shares of Capital One Financial Corporation by 8,078.3% during the second quarter. Archford Capital Strategies LLC now owns 4,907 shares of the financial services provider’s stock worth $140,000 after buying an additional 4,847 shares during the period. Finally, Westside Investment Management Inc. lifted its stake in shares of Capital One Financial Corporation by 48.0% during the second quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock worth $143,000 after buying an additional 566 shares during the period. Institutional investors and hedge funds own 87.51% of the company’s stock.

Several research firms have recently commented on COF. Piper Jaffray Companies reiterated a “sell” rating and set a $81.00 price objective on shares of Capital One Financial Corporation in a research note on Friday, October 27th. Compass Point assumed coverage on shares of Capital One Financial Corporation in a report on Thursday, August 10th. They set a “neutral” rating and a $90.00 target price for the company. Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Capital One Financial Corporation in a report on Tuesday, October 24th. Wells Fargo & Company raised their target price on shares of Capital One Financial Corporation from $96.00 to $98.00 and gave the stock an “outperform” rating in a report on Wednesday, October 25th. Finally, Bank of America Corporation raised their target price on shares of Capital One Financial Corporation from $89.00 to $91.00 and gave the stock a “neutral” rating in a report on Wednesday, October 25th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $95.00.

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In other Capital One Financial Corporation news, Director Ann F. Hackett sold 11,055 shares of the stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $91.18, for a total transaction of $1,007,994.90. Following the completion of the transaction, the director now directly owns 69,066 shares in the company, valued at $6,297,437.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mayo A. Shattuck III sold 24,167 shares of the stock in a transaction on Friday, October 27th. The stock was sold at an average price of $92.71, for a total value of $2,240,522.57. Following the transaction, the director now owns 59,613 shares of the company’s stock, valued at $5,526,721.23. The disclosure for this sale can be found here. 1.73% of the stock is currently owned by corporate insiders.

Capital One Financial Corporation (COF) opened at 92.18 on Wednesday. The firm’s 50-day moving average is $85.66 and its 200 day moving average is $82.75. Capital One Financial Corporation has a 12-month low of $71.91 and a 12-month high of $96.92. The stock has a market capitalization of $44.62 billion, a P/E ratio of 13.44 and a beta of 1.23.

Capital One Financial Corporation (NYSE:COF) last released its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $2.42 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.27. The firm had revenue of $6.99 billion for the quarter, compared to the consensus estimate of $6.81 billion. Capital One Financial Corporation had a return on equity of 8.25% and a net margin of 13.34%. The firm’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.03 earnings per share. Equities research analysts anticipate that Capital One Financial Corporation will post $7.54 earnings per share for the current year.

Capital One Financial Corporation 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 Corporation (NYSE:COF)

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