Tredje AP fonden Has $5.32 Million Holdings in Capital One Financial Corporation (COF)

Tredje AP fonden raised its position in Capital One Financial Corporation (NYSE:COF) by 19.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,855 shares of the financial services provider’s stock after purchasing an additional 10,260 shares during the period. Tredje AP fonden’s holdings in Capital One Financial were worth $5,321,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in COF. Capital World Investors lifted its holdings in shares of Capital One Financial by 2.3% during the 2nd quarter. Capital World Investors now owns 38,396,005 shares of the financial services provider’s stock worth $3,172,278,000 after acquiring an additional 849,047 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Capital One Financial by 1.1% during the 2nd quarter. Vanguard Group Inc. now owns 31,789,748 shares of the financial services provider’s stock worth $2,626,469,000 after acquiring an additional 335,574 shares during the last quarter. Franklin Resources Inc. lifted its holdings in shares of Capital One Financial by 2.4% during the 2nd quarter. Franklin Resources Inc. now owns 13,739,126 shares of the financial services provider’s stock worth $1,135,064,000 after acquiring an additional 322,243 shares during the last quarter. Harris Associates L P lifted its holdings in shares of Capital One Financial by 7.9% during the 2nd quarter. Harris Associates L P now owns 8,063,205 shares of the financial services provider’s stock worth $666,182,000 after acquiring an additional 588,664 shares during the last quarter. Finally, Davis Selected Advisers lifted its holdings in shares of Capital One Financial by 112.8% during the 2nd quarter. Davis Selected Advisers now owns 8,061,905 shares of the financial services provider’s stock worth $666,075,000 after acquiring an additional 4,274,053 shares during the last quarter. 88.37% of the stock is owned by hedge funds and other institutional investors.

In other Capital One Financial news, insider Michael Slocum sold 8,292 shares of the business’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $91.99, for a total value of $762,781.08. Following the transaction, the insider now owns 53,613 shares in the company, valued at $4,931,859.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mayo A. Shattuck III sold 24,167 shares of the business’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $92.71, for a total transaction of $2,240,522.57. Following the completion of the transaction, the director now owns 59,613 shares in the company, valued at approximately $5,526,721.23. The disclosure for this sale can be found here. Insiders sold 43,514 shares of company stock worth $4,011,299 in the last 90 days. Corporate insiders own 1.73% of the company’s stock.

A number of analysts have recently issued reports on COF shares. Morgan Stanley downgraded shares of Capital One Financial from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $97.00 to $83.00 in a report on Friday, September 8th. Zacks Investment Research raised shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $102.00 price objective for the company in a report on Friday, October 27th. Robert W. Baird reaffirmed a “hold” rating and set a $84.00 price objective on shares of Capital One Financial in a report on Tuesday, September 5th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $106.00 price objective on shares of Capital One Financial in a report on Friday, September 15th. Finally, Bank of America lifted their price objective on shares of Capital One Financial from $89.00 to $91.00 and gave the stock a “neutral” rating in a report on Wednesday, October 25th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $95.52.

Capital One Financial Corporation (NYSE:COF) opened at $92.72 on Friday. The company has a market cap of $44,945.46, a price-to-earnings ratio of 12.23, a P/E/G ratio of 1.38 and a beta of 1.29. Capital One Financial Corporation has a 52-week low of $76.05 and a 52-week high of $96.92. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.07 and a quick ratio of 1.06.

Capital One Financial (NYSE:COF) last issued its earnings results 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. Capital One Financial had a net margin of 13.34% and a return on equity of 8.25%. The company had revenue of $6.99 billion for the quarter, compared to analysts’ expectations of $6.81 billion. During the same quarter last year, the company earned $2.03 EPS. The firm’s revenue was up 8.1% compared to the same quarter last year. analysts forecast that Capital One Financial Corporation will post 7.97 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 24th. Shareholders of record on Monday, November 13th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date was Friday, November 10th. Capital One Financial’s payout ratio is 22.63%.

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About Capital One Financial

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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