Tredje AP fonden Has $12.46 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Tredje AP fonden cut its position in Capital One Financial Co. (NYSE:COF - Free Report) by 52.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,000 shares of the financial services provider's stock after selling 100,000 shares during the quarter. Tredje AP fonden's holdings in Capital One Financial were worth $12,460,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in COF. LRI Investments LLC acquired a new stake in shares of Capital One Financial in the first quarter valued at approximately $25,000. Silicon Valley Capital Partners acquired a new position in Capital One Financial in the 1st quarter valued at $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial during the 2nd quarter valued at $28,000. Hobbs Group Advisors LLC bought a new stake in shares of Capital One Financial during the 2nd quarter valued at $29,000. Finally, Rise Advisors LLC acquired a new stake in shares of Capital One Financial during the 1st quarter worth $33,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on COF. Bank of America upped their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a "buy" rating in a research report on Wednesday, July 24th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $150.00 price target on shares of Capital One Financial in a report on Thursday, July 25th. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $148.00 to $155.00 and gave the company a "neutral" rating in a research note on Monday, July 8th. BTIG Research started coverage on shares of Capital One Financial in a research report on Friday, June 7th. They set a "neutral" rating for the company. Finally, Evercore ISI reduced their target price on 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. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $145.89.

Insider Transactions at Capital One Financial

In other news, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction on Wednesday, July 17th. The shares were 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 in the company, valued at $11,060,100. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the business's stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares of the company's stock, valued at $5,438,491.24. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares in the company, valued at $11,060,100. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company's stock.

Capital One Financial Trading Up 0.2 %

Shares of Capital One Financial stock traded up $0.35 during trading on Wednesday, hitting $145.43. The company's stock had a trading volume of 2,165,231 shares, compared to its average volume of 2,483,539. The stock has a market cap of $55.29 billion, a price-to-earnings ratio of 11.31, a price-to-earnings-growth ratio of 1.08 and a beta of 1.44. Capital One Financial Co. has a 52 week low of $88.23 and a 52 week high of $153.35. The stock has a 50-day moving average price of $141.82 and a two-hundred day moving average price of $140.64. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts' consensus estimates of $3.28 by ($0.14). The company had revenue of $9.51 billion during the quarter, compared to the consensus estimate 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 quarter last year, the firm posted $3.52 EPS. Equities research analysts anticipate that Capital One Financial Co. will post 13.1 EPS for the current fiscal 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 issued 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 1.65%. Capital One Financial's payout ratio is 18.79%.

Capital One Financial 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.