Carnick & Kubik Group LLC increased its stake in shares of Capital One Financial Corporation (NYSE:COF) by 5.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,044 shares of the financial services provider’s stock after buying an additional 949 shares during the period. Capital One Financial Corporation comprises approximately 1.7% of Carnick & Kubik Group LLC’s holdings, making the stock its 18th largest position. Carnick & Kubik Group LLC’s holdings in Capital One Financial Corporation were worth $1,491,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in COF. Vanguard Group Inc. increased its position in Capital One Financial Corporation by 3.2% in the first quarter. Vanguard Group Inc. now owns 31,454,174 shares of the financial services provider’s stock valued at $2,725,818,000 after buying an additional 963,101 shares in the last quarter. BlackRock Inc. increased its position in Capital One Financial Corporation by 3,066.1% in the first quarter. BlackRock Inc. now owns 31,294,690 shares of the financial services provider’s stock valued at $2,711,996,000 after buying an additional 30,306,250 shares in the last quarter. State Street Corp increased its position in Capital One Financial Corporation by 0.7% in the first quarter. State Street Corp now owns 21,864,090 shares of the financial services provider’s stock valued at $1,894,742,000 after buying an additional 157,141 shares in the last quarter. Bank of New York Mellon Corp increased its position in Capital One Financial Corporation by 10.4% in the first quarter. Bank of New York Mellon Corp now owns 6,411,412 shares of the financial services provider’s stock valued at $555,613,000 after buying an additional 605,038 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Capital One Financial Corporation by 2.5% in the first quarter. Geode Capital Management LLC now owns 4,684,142 shares of the financial services provider’s stock valued at $405,344,000 after buying an additional 113,839 shares in the last quarter. 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 85.14 on Thursday. The company’s 50 day moving average price is $83.36 and its 200-day moving average price is $84.64. Capital One Financial Corporation has a 52 week low of $66.81 and a 52 week high of $96.92. The stock has a market capitalization of $41.21 billion, a PE ratio of 12.41 and a beta of 1.20.

Capital One Financial Corporation (NYSE:COF) last released its earnings results on Thursday, July 20th. The financial services provider reported $1.96 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.90 by $0.06. The firm had revenue of $6.70 billion during the quarter, compared to analyst estimates of $6.68 billion. Capital One Financial Corporation had a return on equity of 7.92% and a net margin of 13.32%. Capital One Financial Corporation’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the business posted $1.76 earnings per share. Equities research analysts predict that Capital One Financial Corporation will post $7.54 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 17th. Investors of record on Monday, August 7th will be issued a $0.40 dividend. The ex-dividend date is Thursday, August 3rd. This represents a $1.60 dividend on an annualized basis and a yield of 1.88%. Capital One Financial Corporation’s dividend payout ratio (DPR) is presently 23.43%.

Capital One Financial Corporation announced that its Board of Directors has initiated a share buyback program on Wednesday, June 28th that allows the company to buyback $1.85 billion in shares. This buyback authorization allows the financial services provider to purchase up to 4.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

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Several equities analysts have recently weighed in on COF shares. Zacks Investment Research raised Capital One Financial Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, July 27th. UBS AG raised Capital One Financial Corporation from an “underperform” rating to a “market perform” rating in a research report on Friday, July 21st. CIBC cut their target price on Capital One Financial Corporation from $84.00 to $80.00 and set an “underperform” rating on the stock in a research report on Wednesday, April 26th. Evercore ISI reissued an “underperform” rating and set a $94.00 target price on shares of Capital One Financial Corporation in a research report on Wednesday, April 19th. Finally, Instinet reissued a “buy” rating and set a $96.00 target price (down previously from $101.00) on shares of Capital One Financial Corporation in a research report on Wednesday, July 12th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. Capital One Financial Corporation presently has a consensus rating of “Hold” and an average target price of $92.76.

In related news, CEO Richard D. Fairbank sold 367,419 shares of Capital One Financial Corporation stock in a transaction on Wednesday, July 26th. The stock was sold at an average price of $87.02, for a total value of $31,972,801.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.73% of the company’s stock.

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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