Bank of The Ozarks reduced its position in Capital One Financial Corporation (NYSE:COF) by 6.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,591 shares of the financial services provider’s stock after selling 569 shares during the period. Bank of The Ozarks’ holdings in Capital One Financial Corporation were worth $710,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Guardian Life Insurance Co. of America increased its stake 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 worth $161,000 after buying an additional 11 shares during the period. Trust Co. of Virginia VA increased its stake in shares of Capital One Financial Corporation by 0.8% in the first quarter. Trust Co. of Virginia VA now owns 4,578 shares of the financial services provider’s stock worth $397,000 after buying an additional 35 shares during the period. Quadrant Capital Group LLC increased its stake 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 worth $121,000 after buying an additional 36 shares during the period. Hugh Johnson Advisors LLC increased its stake in shares of Capital One Financial Corporation by 0.3% in the first quarter. Hugh Johnson Advisors LLC now owns 21,317 shares of the financial services provider’s stock worth $1,847,000 after buying an additional 54 shares during the period. Finally, Union Bankshares Corp increased its stake in shares of Capital One Financial Corporation by 1.0% in the second quarter. Union Bankshares Corp now owns 8,814 shares of the financial services provider’s stock worth $728,000 after buying an additional 86 shares during the period. Hedge funds and other institutional investors own 87.71% of the company’s stock.

Capital One Financial Corporation (NYSE COF) opened at 85.14 on Thursday. The firm has a market capitalization of $41.21 billion, a P/E ratio of 12.41 and a beta of 1.20. Capital One Financial Corporation has a 52-week low of $66.81 and a 52-week high of $96.92. The firm’s 50-day moving average is $83.36 and its 200 day moving average is $84.64.

Capital One Financial Corporation (NYSE:COF) last issued its quarterly earnings results on Thursday, July 20th. The financial services provider reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period in the previous year, the business earned $1.76 EPS. The company’s revenue was up 7.2% compared to the same quarter last year. Equities analysts anticipate that Capital One Financial Corporation will post $7.54 EPS for the current year.

Capital One Financial Corporation announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, June 28th that allows the company to repurchase $1.85 billion in outstanding shares. This repurchase authorization allows the financial services provider to repurchase up to 4.6% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 17th. Shareholders of record on Monday, August 7th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Thursday, August 3rd. This represents a $1.60 annualized dividend and a yield of 1.88%. Capital One Financial Corporation’s payout ratio is currently 23.43%.

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A number of equities research analysts have recently commented on COF shares. Evercore ISI reiterated an “underperform” rating and set a $94.00 price objective on shares of Capital One Financial Corporation in a research report on Wednesday, April 19th. Rafferty Capital Markets downgraded Capital One Financial Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, April 26th. Oppenheimer Holdings, Inc. cut their price objective on Capital One Financial Corporation from $84.00 to $80.00 and set an “underperform” rating for the company in a research report on Wednesday, April 26th. CIBC cut their price objective on Capital One Financial Corporation from $84.00 to $80.00 and set an “underperform” rating for the company in a research report on Wednesday, April 26th. Finally, Nomura reiterated a “buy” rating and set a $101.00 price objective on shares of Capital One Financial Corporation in a research report on Wednesday, April 26th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Capital One Financial Corporation presently has an average rating of “Hold” and an average price target of $92.76.

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

Capital One Financial Corporation Company Profile

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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