HNP Capital LLC Raises Stock Position in Capital One Financial Corp. (NYSE:COF)

HNP Capital LLC raised its stake in Capital One Financial Corp. (NYSE:COF) by 4.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,523 shares of the financial services provider’s stock after buying an additional 711 shares during the period. HNP Capital LLC’s holdings in Capital One Financial were worth $1,332,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of COF. Crestline Management LP purchased a new position in shares of Capital One Financial during the 2nd quarter worth approximately $1,932,000. Westpac Banking Corp increased its stake in shares of Capital One Financial by 3.0% during the 1st quarter. Westpac Banking Corp now owns 83,699 shares of the financial services provider’s stock worth $6,837,000 after purchasing an additional 2,437 shares in the last quarter. Bridges Investment Management Inc. increased its stake in shares of Capital One Financial by 3.1% during the 2nd quarter. Bridges Investment Management Inc. now owns 385,247 shares of the financial services provider’s stock worth $34,958,000 after purchasing an additional 11,726 shares in the last quarter. Calamos Advisors LLC increased its stake in shares of Capital One Financial by 3.4% during the 2nd quarter. Calamos Advisors LLC now owns 428,670 shares of the financial services provider’s stock worth $38,897,000 after purchasing an additional 14,052 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Capital One Financial by 2.8% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,497,321 shares of the financial services provider’s stock worth $317,347,000 after purchasing an additional 95,246 shares in the last quarter. 88.76% of the stock is owned by institutional investors.

A number of research analysts have recently weighed in on the stock. ValuEngine cut shares of Capital One Financial from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st. Piper Jaffray Companies dropped their price objective on shares of Capital One Financial from $111.00 to $107.00 and set an “overweight” rating for the company in a research note on Wednesday, September 11th. Morgan Stanley set a $99.00 price objective on shares of Capital One Financial and gave the stock a “hold” rating in a research note on Friday, August 9th. Deutsche Bank reissued a “hold” rating and set a $98.00 price objective on shares of Capital One Financial in a research note on Monday, July 8th. Finally, BMO Capital Markets set a $141.00 price objective on shares of Capital One Financial and gave the stock a “buy” rating in a research note on Friday, July 19th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have given a buy rating to the company’s stock. Capital One Financial currently has a consensus rating of “Hold” and an average target price of $104.89.

In other Capital One Financial news, Director Bradford H. Warner sold 3,777 shares of Capital One Financial stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $91.68, for a total value of $346,275.36. Following the transaction, the director now owns 43,207 shares in the company, valued at approximately $3,961,217.76. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Michael J. Wassmer sold 8,212 shares of Capital One Financial stock in a transaction on Wednesday, July 24th. The shares were sold at an average price of $95.03, for a total transaction of $780,386.36. Following the completion of the transaction, the insider now owns 84,679 shares in the company, valued at approximately $8,047,045.37. The disclosure for this sale can be found here. 1.43% of the stock is currently owned by company insiders.

NYSE COF traded up $1.02 during mid-day trading on Friday, reaching $86.85. 125,656 shares of the stock were exchanged, compared to its average volume of 2,053,336. Capital One Financial Corp. has a 1-year low of $69.90 and a 1-year high of $98.62. The business’s fifty day simple moving average is $88.54 and its 200 day simple moving average is $89.07. The stock has a market capitalization of $40.37 billion, a PE ratio of 7.98, a PEG ratio of 1.10 and a beta of 1.27. 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 announced its 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. Capital One Financial had a net margin of 17.50% and a return on equity of 10.68%. The firm had revenue of $7.12 billion for the quarter, compared to analyst estimates of $7.01 billion. During the same quarter last year, the business earned $3.71 earnings per share. Capital One Financial’s revenue was down .9% compared to the same quarter last year. On average, analysts anticipate that Capital One Financial Corp. will post 11.52 EPS for the current year.

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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