Axa S.A. Increases Stock Position in Capital One Financial Co. (NYSE:COF)

Axa S.A. lifted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 311.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,517 shares of the financial services provider’s stock after buying an additional 16,286 shares during the quarter. Axa S.A.’s holdings in Capital One Financial were worth $2,979,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in shares of Capital One Financial by 21.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock valued at $4,093,000 after buying an additional 4,840 shares in the last quarter. Twin Tree Management LP increased its holdings in Capital One Financial by 5.6% during the 1st quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock worth $10,200,000 after acquiring an additional 3,609 shares during the period. Clear Harbor Asset Management LLC bought a new stake in Capital One Financial during the 2nd quarter worth approximately $511,000. QRG Capital Management Inc. increased its holdings in Capital One Financial by 3.2% during the 2nd quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider’s stock worth $16,927,000 after acquiring an additional 3,776 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in Capital One Financial by 20.4% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 15,817 shares of the financial services provider’s stock worth $2,355,000 after acquiring an additional 2,675 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

COF has been the topic of a number of analyst reports. BTIG Research initiated coverage on shares of Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating on the stock. Citigroup initiated coverage on shares of Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 target price on the stock. Bank of America upped their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Evercore ISI decreased their price target on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a report on Tuesday, June 25th. Finally, Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and increased their price target for the stock from $145.00 to $165.00 in a report on Thursday, June 6th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and an average price target of $147.21.

Capital One Financial Trading Up 0.9 %

Shares of COF opened at $149.09 on Monday. The stock has a market capitalization of $56.68 billion, a P/E ratio of 11.68, a PEG ratio of 1.21 and a beta of 1.44. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The firm has a fifty day simple moving average of $142.60 and a two-hundred day simple moving average of $141.27. Capital One Financial Co. has a twelve month low of $88.23 and a twelve month high of $154.18.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing the consensus estimate of $3.28 by ($0.14). The firm had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the company earned $3.52 EPS. On average, research analysts anticipate that Capital One Financial Co. will post 12.91 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were given a dividend of $0.60 per share. The ex-dividend date was Monday, August 12th. This represents a $2.40 annualized dividend and a yield of 1.61%. Capital One Financial’s payout ratio is currently 18.79%.

Insider Buying and Selling at Capital One Financial

In other news, CEO Kevin S. Borgmann sold 61,532 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the sale, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CEO Kevin S. Borgmann sold 61,532 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the sale, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the completion of the sale, the insider now directly owns 73,734 shares of the company’s stock, valued at $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by corporate insiders.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.