Capital One Financial Corp. (COF) Shares Sold by Natixis

Natixis reduced its holdings in shares of Capital One Financial Corp. (NYSE:COF) by 23.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 262,204 shares of the financial services provider’s stock after selling 78,397 shares during the quarter. Natixis’ holdings in Capital One Financial were worth $25,016,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in COF. TIAA CREF Investment Management LLC lifted its stake in shares of Capital One Financial by 118.7% during the 4th quarter. TIAA CREF Investment Management LLC now owns 4,156,429 shares of the financial services provider’s stock valued at $413,897,000 after buying an additional 2,255,496 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Capital One Financial by 10.4% during the 1st quarter. JPMorgan Chase & Co. now owns 18,151,777 shares of the financial services provider’s stock valued at $1,739,303,000 after buying an additional 1,712,501 shares in the last quarter. Ceredex Value Advisors LLC purchased a new stake in shares of Capital One Financial during the 1st quarter valued at approximately $66,251,000. BlackRock Inc. lifted its stake in shares of Capital One Financial by 2.3% during the 1st quarter. BlackRock Inc. now owns 29,763,273 shares of the financial services provider’s stock valued at $2,851,916,000 after buying an additional 661,251 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Capital One Financial by 18.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,967,323 shares of the financial services provider’s stock valued at $395,066,000 after buying an additional 624,534 shares in the last quarter. Institutional investors own 88.82% of the company’s stock.

A number of brokerages recently commented on COF. Nomura cut shares of Capital One Financial from a “buy” rating to a “neutral” rating and dropped their price target for the company from $111.00 to $109.00 in a research note on Wednesday, February 21st. Instinet cut shares of Capital One Financial from a “buy” rating to a “neutral” rating and upped their price target for the company from $98.47 to $109.00 in a research note on Wednesday, February 21st. Zacks Investment Research cut shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, March 6th. Robert W. Baird restated a “hold” rating on shares of Capital One Financial in a research note on Wednesday, April 25th. Finally, Oppenheimer restated a “hold” rating on shares of Capital One Financial in a research note on Tuesday, April 24th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the stock. Capital One Financial currently has an average rating of “Hold” and an average price target of $108.52.

In other news, insider Jory A. Berson sold 18,909 shares of the stock in a transaction on Thursday, June 7th. The shares were sold at an average price of $97.09, for a total value of $1,835,874.81. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Richard Scott Blackley sold 2,194 shares of the stock in a transaction on Friday, March 16th. The stock was sold at an average price of $98.19, for a total transaction of $215,428.86. Following the completion of the transaction, the chief financial officer now directly owns 38,537 shares in the company, valued at approximately $3,783,948.03. The disclosure for this sale can be found here. Insiders sold a total of 297,072 shares of company stock worth $27,791,398 in the last three months. Insiders own 1.40% of the company’s stock.

Shares of Capital One Financial opened at $96.01 on Thursday, MarketBeat reports. The firm has a market capitalization of $46.82 billion, a PE ratio of 12.32, a P/E/G ratio of 0.90 and a beta of 1.31. Capital One Financial Corp. has a one year low of $76.98 and a one year high of $106.50. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.02 and a current ratio of 1.02.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, April 24th. The financial services provider reported $2.65 EPS for the quarter, topping the Zacks’ consensus estimate of $2.34 by $0.31. The firm had revenue of $6.90 million for the quarter, compared to analyst estimates of $6.93 billion. Capital One Financial had a net margin of 8.38% and a return on equity of 9.23%. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.75 EPS. research analysts expect that Capital One Financial Corp. will post 10.07 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, May 24th. Stockholders of record on Monday, May 14th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend was Friday, May 11th. Capital One Financial’s payout ratio is 20.54%.

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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