Capital One Financial Corp. (NYSE:COF) Shares Sold by Virginia Retirement Systems ET AL

Virginia Retirement Systems ET AL decreased its position in shares of Capital One Financial Corp. (NYSE:COF) by 15.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 307,501 shares of the financial services provider’s stock after selling 54,200 shares during the quarter. Virginia Retirement Systems ET AL owned approximately 0.07% of Capital One Financial worth $27,903,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in COF. FMR LLC boosted its position in shares of Capital One Financial by 7.3% during the 1st quarter. FMR LLC now owns 18,589,892 shares of the financial services provider’s stock valued at $1,518,608,000 after acquiring an additional 1,259,001 shares during the last quarter. Ceredex Value Advisors LLC boosted its position in shares of Capital One Financial by 104.5% during the 1st quarter. Ceredex Value Advisors LLC now owns 1,005,350 shares of the financial services provider’s stock valued at $82,127,000 after acquiring an additional 513,675 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Capital One Financial by 6.3% during the 4th quarter. Geode Capital Management LLC now owns 6,275,759 shares of the financial services provider’s stock valued at $473,568,000 after acquiring an additional 370,154 shares during the last quarter. CIBC Private Wealth Group LLC boosted its position in shares of Capital One Financial by 31.6% during the 1st quarter. CIBC Private Wealth Group LLC now owns 1,373,473 shares of the financial services provider’s stock valued at $112,198,000 after acquiring an additional 329,936 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of Capital One Financial during the 1st quarter valued at about $25,307,000. 88.43% of the stock is currently owned by hedge funds and other institutional investors.

COF traded up $0.88 on Tuesday, hitting $87.50. The company had a trading volume of 1,556,161 shares, compared to its average volume of 3,151,763. The stock has a market cap of $40.74 billion, a price-to-earnings ratio of 8.04, a P/E/G ratio of 0.98 and a beta of 1.24. Capital One Financial Corp. has a 1 year low of $69.90 and a 1 year high of $101.26. The stock’s fifty day simple moving average is $91.65. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.00 and a current ratio of 1.00.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, July 18th. The financial services provider reported $3.37 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.84 by $0.53. The company had revenue of $7.12 billion for the quarter, compared to analyst estimates of $7.01 billion. Capital One Financial had a net margin of 17.50% and a return on equity of 10.68%. The business’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.71 earnings per share. On average, equities research analysts predict that Capital One Financial Corp. will post 11.46 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Monday, August 5th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, August 2nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.83%. Capital One Financial’s dividend payout ratio (DPR) is presently 14.71%.

COF has been the topic of several recent research reports. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and boosted their price target for the company from $95.00 to $115.00 in a research report on Tuesday, May 14th. Zacks Investment Research lowered shares of Capital One Financial from a “buy” rating to a “hold” rating and set a $103.00 price objective on the stock. in a report on Thursday, July 25th. ValuEngine lowered shares of Capital One Financial from a “hold” rating to a “sell” rating in a report on Thursday, August 1st. Credit Suisse Group set a $118.00 price objective on shares of Capital One Financial and gave the company a “buy” rating in a report on Friday, July 19th. Finally, BMO Capital Markets set a $141.00 price objective on shares of Capital One Financial and gave the company a “buy” rating in a report on Friday, July 19th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the stock. Capital One Financial presently has an average rating of “Hold” and an average price target of $105.58.

In other Capital One Financial news, insider Michael J. Wassmer sold 8,212 shares of the business’s stock in a transaction dated Wednesday, July 24th. The shares were sold at an average price of $95.03, for a total transaction of $780,386.36. Following the sale, the insider now directly owns 84,679 shares in the company, valued at $8,047,045.37. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bradford H. Warner sold 4,000 shares of the business’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $85.98, for a total transaction of $343,920.00. Following the sale, the director now owns 57,930 shares in the company, valued at $4,980,821.40. The disclosure for this sale can be found here. Insiders have sold 55,149 shares of company stock worth $5,053,283 over the last quarter. Insiders own 1.43% of the company’s stock.

Capital One Financial 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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