Boston Partners lowered its stake in Capital One Financial Corporation (NYSE:COF) by 33.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,548,731 shares of the financial services provider’s stock after selling 2,285,345 shares during the period. Boston Partners’ holdings in Capital One Financial Corporation were worth $375,816,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in COF. Quadrant Capital Group LLC raised its position in shares of Capital One Financial Corporation by 2.5% in the first quarter. Quadrant Capital Group LLC now owns 1,472 shares of the financial services provider’s stock valued at $121,000 after buying an additional 36 shares in the last quarter. Guardian Life Insurance Co. of America raised its position in shares of Capital One Financial Corporation by 0.6% in the first quarter. Guardian Life Insurance Co. of America now owns 1,860 shares of the financial services provider’s stock valued at $161,000 after buying an additional 11 shares in the last quarter. SRS Capital Advisors Inc. raised its position in shares of Capital One Financial Corporation by 16.6% in the first quarter. SRS Capital Advisors Inc. now owns 2,289 shares of the financial services provider’s stock valued at $198,000 after buying an additional 326 shares in the last quarter. Lowe Brockenbrough & Co. Inc. bought a new position in shares of Capital One Financial Corporation during the first quarter valued at $207,000. Finally, Buckingham Asset Management LLC bought a new position in shares of Capital One Financial Corporation during the first quarter valued at $212,000. 87.71% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Capital One Financial Corporation (NYSE:COF) opened at 83.06 on Friday. The company has a market capitalization of $40.20 billion, a P/E ratio of 12.11 and a beta of 1.20. Capital One Financial Corporation has a 52-week low of $67.18 and a 52-week high of $96.92. The firm’s 50 day moving average is $83.42 and its 200-day moving average is $84.63.

Capital One Financial Corporation (NYSE:COF) last issued its quarterly earnings data on Thursday, July 20th. The financial services provider reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.06. Capital One Financial Corporation had a net margin of 13.32% and a return on equity of 7.92%. The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.68 billion. During the same quarter in the prior year, the firm earned $1.76 EPS. The company’s revenue was up 7.2% on a year-over-year basis. Equities research analysts anticipate that Capital One Financial Corporation will post $7.54 earnings per share for the current fiscal year.

Capital One Financial Corporation announced that its Board of Directors has approved a share repurchase program on Wednesday, June 28th that authorizes the company to buyback $1.85 billion in outstanding shares. This buyback authorization authorizes the financial services provider to reacquire up to 4.6% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 17th. Shareholders of record on Monday, August 7th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date is Thursday, August 3rd. Capital One Financial Corporation’s dividend payout ratio is currently 23.43%.

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Several research analysts have weighed in on the stock. BMO Capital Markets reissued a “buy” rating and set a $103.00 price objective on shares of Capital One Financial Corporation in a report on Tuesday, June 20th. Oppenheimer Holdings, Inc. set a $82.00 price objective on shares of Capital One Financial Corporation and gave the stock a “sell” rating in a report on Tuesday, July 11th. Barclays PLC reissued an “overweight” rating and set a $105.00 price objective on shares of Capital One Financial Corporation in a report on Saturday, July 22nd. Compass Point assumed coverage on shares of Capital One Financial Corporation in a report on Thursday. They set a “neutral” rating and a $90.00 price objective for the company. Finally, CIBC raised shares of Capital One Financial Corporation from an “underperform” rating to a “market perform” rating in a report on Friday, July 21st. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Capital One Financial Corporation presently has an average rating of “Hold” and a consensus price target of $92.76.

In other Capital One Financial Corporation news, CEO Richard D. Fairbank sold 367,419 shares of the stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $87.02, for a total transaction of $31,972,801.38. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 1.73% of the stock is owned by corporate insiders.

About Capital One Financial Corporation

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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Institutional Ownership by Quarter for Capital One Financial Corporation (NYSE:COF)

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