Campbell & CO Investment Adviser LLC increased its holdings in Capital One Financial Corp. (NYSE:COF) by 18.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,628 shares of the financial services provider’s stock after purchasing an additional 572 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Capital One Financial were worth $296,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of the stock. Rockefeller Capital Management L.P. boosted its stake in shares of Capital One Financial by 5.5% during the 1st quarter. Rockefeller Capital Management L.P. now owns 89,011 shares of the financial services provider’s stock valued at $7,272,000 after purchasing an additional 4,667 shares in the last quarter. MML Investors Services LLC raised its holdings in Capital One Financial by 22.2% in the first quarter. MML Investors Services LLC now owns 29,499 shares of the financial services provider’s stock worth $2,410,000 after buying an additional 5,362 shares during the last quarter. Salzhauer Michael raised its holdings in Capital One Financial by 9.2% in the first quarter. Salzhauer Michael now owns 74,587 shares of the financial services provider’s stock worth $6,093,000 after buying an additional 6,300 shares during the last quarter. Intrust Bank NA raised its holdings in Capital One Financial by 3.6% in the first quarter. Intrust Bank NA now owns 11,519 shares of the financial services provider’s stock worth $941,000 after buying an additional 398 shares during the last quarter. Finally, Sawtooth Solutions LLC purchased a new position in Capital One Financial in the first quarter worth about $223,000. Institutional investors own 88.66% of the company’s stock.
In other Capital One Financial news, insider Jory A. Berson sold 13,393 shares of Capital One Financial stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $90.00, for a total transaction of $1,205,370.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Bradford H. Warner sold 4,000 shares of Capital One Financial stock in a transaction on 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 directly owns 57,930 shares in the company, valued at approximately $4,980,821.40. The disclosure for this sale can be found here. In the last three months, insiders sold 23,108 shares of company stock valued at $2,075,070. 1.43% of the stock is owned by insiders.
Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, April 25th. The financial services provider reported $2.90 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.22. The firm had revenue of $7.08 billion during the quarter, compared to analyst estimates of $7.03 billion. Capital One Financial had a net margin of 18.47% and a return on equity of 10.95%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.62 EPS. As a group, equities research analysts anticipate that Capital One Financial Corp. will post 11.1 EPS for the current fiscal year.
Several research firms have commented on COF. Royal Bank of Canada reiterated a “sector perform” rating and set a $98.00 price objective on shares of Capital One Financial in a research report on Friday, May 3rd. Zacks Investment Research downgraded shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, April 3rd. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and increased their target price for the company from $95.00 to $115.00 in a research note on Tuesday, May 14th. Finally, ValuEngine raised shares of Capital One Financial from a “sell” rating to a “hold” rating in a research note on Friday, April 26th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $104.35.
Capital One Financial Company 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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