Signet Financial Management LLC boosted its position in shares of Capital One Financial Corporation (NYSE:COF) by 1.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 52,319 shares of the financial services provider’s stock after buying an additional 893 shares during the quarter. Signet Financial Management LLC’s holdings in Capital One Financial Corporation were worth $4,322,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Guardian Life Insurance Co. of America increased its stake in shares of Capital One Financial Corporation by 0.6% in the 1st 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 during the period. Savant Capital LLC raised its position in shares of Capital One Financial Corporation by 0.9% during the second quarter. Savant Capital LLC now owns 3,213 shares of the financial services provider’s stock worth $265,000 after acquiring an additional 28 shares during the last quarter. ARGA Investment Management LP raised its position in shares of Capital One Financial Corporation by 0.3% during the second quarter. ARGA Investment Management LP now owns 11,002 shares of the financial services provider’s stock worth $909,000 after acquiring an additional 32 shares during the last quarter. Hugh Johnson Advisors LLC raised its position in shares of Capital One Financial Corporation by 0.3% during the first quarter. Hugh Johnson Advisors LLC now owns 21,317 shares of the financial services provider’s stock worth $1,847,000 after acquiring an additional 54 shares during the last quarter. Finally, Union Bankshares Corp raised its position in shares of Capital One Financial Corporation by 1.0% during the second quarter. Union Bankshares Corp now owns 8,814 shares of the financial services provider’s stock worth $728,000 after acquiring an additional 86 shares during the last quarter. 87.99% of the stock is currently owned by hedge funds and other institutional investors.

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Capital One Financial Corporation (NYSE COF) traded up 0.017% on Wednesday, hitting $86.385. The stock had a trading volume of 540,628 shares. The company has a 50-day moving average price of $81.37 and a 200-day moving average price of $82.12. Capital One Financial Corporation has a 52 week low of $70.50 and a 52 week high of $96.92. The stock has a market capitalization of $41.81 billion, a price-to-earnings ratio of 12.596 and a beta of 1.23.

Capital One Financial Corporation (NYSE:COF) last released its quarterly earnings data on Thursday, July 20th. The financial services provider reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.06. The company had revenue of $6.70 billion during the quarter, compared to analyst estimates of $6.68 billion. Capital One Financial Corporation had a net margin of 13.32% and a return on equity of 7.92%. Capital One Financial Corporation’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.76 EPS. Equities research analysts anticipate that Capital One Financial Corporation will post $7.52 earnings per share for the current fiscal year.

Capital One Financial Corporation declared that its board has initiated a share buyback 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 a sign that the company’s board of directors believes its shares are undervalued.

In related news, CEO Richard D. Fairbank sold 367,419 shares of the stock in a transaction on 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 can be accessed through this link. 1.73% of the stock is owned by insiders.

A number of brokerages recently commented on COF. Oppenheimer Holdings, Inc. set a $82.00 price objective on Capital One Financial Corporation and gave the stock a “sell” rating in a research report on Tuesday, July 11th. 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. Barclays PLC restated an “overweight” rating and set a $105.00 target price on shares of Capital One Financial Corporation in a research report on Saturday, July 22nd. BidaskClub downgraded shares of Capital One Financial Corporation from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Finally, Compass Point began coverage on shares of Capital One Financial Corporation in a research note on Thursday, August 10th. They issued a “neutral” rating and a $90.00 target price on the stock. Five 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 target price of $92.00.

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.

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

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