5,891 Shares in Capital One Financial Co. (NYSE:COF) Acquired by Point72 Hong Kong Ltd

Point72 Hong Kong Ltd purchased a new stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 5,891 shares of the financial services provider's stock, valued at approximately $816,000.

Other hedge funds have also recently made changes to their positions in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position 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 purchasing an additional 4,840 shares in the last quarter. Twin Tree Management LP grew its position in Capital One Financial by 5.6% in the first 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 in the last quarter. Clear Harbor Asset Management LLC purchased a new position in Capital One Financial in the second quarter worth $511,000. QRG Capital Management Inc. grew its position in Capital One Financial by 3.2% in the second 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 in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in Capital One Financial by 20.4% in the first 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 in the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on COF. BTIG Research began coverage on shares of Capital One Financial in a research report on Friday, June 7th. They issued a "neutral" rating for the company. Jefferies Financial Group upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating and upped their target price for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. Citigroup began coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a "buy" rating and a $190.00 target price for the company. Royal Bank of Canada reiterated a "sector perform" rating and issued a $150.00 target price on shares of Capital One Financial in a research report on Thursday, July 25th. Finally, Evercore ISI lowered their price target on shares of Capital One Financial from $155.00 to $154.00 and set an "in-line" rating for the company in a research note on Tuesday, June 25th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $147.21.

Capital One Financial Trading Up 0.9 %

Shares of NYSE:COF traded up $1.31 during midday trading on Friday, hitting $149.09. 1,417,499 shares of the stock traded hands, compared to its average volume of 2,473,465. The stock has a market capitalization of $56.68 billion, a PE ratio of 11.71, a P/E/G ratio of 1.21 and a beta of 1.44. The business's 50 day moving average is $142.56 and its two-hundred day moving average is $141.19. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. Capital One Financial Co. has a one year low of $88.23 and a one year high of $154.18.

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

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial's dividend payout ratio (DPR) is presently 18.79%.

Insider Buying and Selling at Capital One Financial

In related news, CEO Kevin S. Borgmann sold 61,532 shares of the company'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 transaction, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the sale, the chief executive officer now directly owns 40,934 shares in the company, valued at approximately $5,438,491.24. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of the company's stock in a transaction dated 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 transaction, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is owned by company 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.