Triangle Securities Wealth Management increased its position in shares of Capital One Financial Corporation (NYSE:COF) by 6.0% during the second quarter, Holdings Channel reports. The firm owned 8,812 shares of the financial services provider’s stock after buying an additional 496 shares during the period. Triangle Securities Wealth Management’s holdings in Capital One Financial Corporation were worth $728,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of COF. Quadrant Capital Group LLC increased 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 worth $121,000 after buying an additional 36 shares during the period. Guardian Life Insurance Co. of America increased 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 worth $161,000 after buying an additional 11 shares during the period. SRS Capital Advisors Inc. increased 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 worth $198,000 after buying an additional 326 shares during the period. Lowe Brockenbrough & Co. Inc. bought a new position in shares of Capital One Financial Corporation during the first quarter worth $207,000. Finally, Buckingham Asset Management LLC bought a new position in shares of Capital One Financial Corporation during the first quarter worth $212,000. Institutional investors own 88.42% of the company’s stock.

Capital One Financial Corporation (NYSE COF) opened at 82.50 on Monday. Capital One Financial Corporation has a 1-year low of $65.00 and a 1-year high of $96.92. The stock has a market capitalization of $39.79 billion, a PE ratio of 12.52 and a beta of 1.19. The company’s 50-day moving average is $79.95 and its 200 day moving average is $85.59.

Capital One Financial Corporation (NYSE:COF) last issued its quarterly earnings results on Tuesday, April 25th. The financial services provider reported $1.75 EPS for the quarter, missing the consensus estimate of $1.93 by $0.18. The company had revenue of $6.54 billion during the quarter, compared to analysts’ expectations of $6.63 billion. Capital One Financial Corporation had a return on equity of 7.83% and a net margin of 12.96%. Capital One Financial Corporation’s revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.84 EPS. Equities analysts predict that Capital One Financial Corporation will post $7.50 earnings per share for the current year.

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Several research analysts have weighed in on the stock. BidaskClub downgraded shares of Capital One Financial Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Instinet reiterated a “buy” rating and issued a $96.00 price target (down from $101.00) on shares of Capital One Financial Corporation in a research report on Wednesday, July 12th. Oppenheimer Holdings, Inc. set a $82.00 price target on shares of Capital One Financial Corporation and gave the stock a “sell” rating in a research report on Tuesday, July 11th. CIBC reiterated an “underperform” rating on shares of Capital One Financial Corporation in a research report on Tuesday, July 11th. Finally, Zacks Investment Research downgraded shares of Capital One Financial Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Six research analysts have rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Capital One Financial Corporation has an average rating of “Hold” and an average target price of $92.90.

In related news, insider Michael Slocum sold 6,276 shares of the business’s stock in a transaction on Friday, May 5th. The shares were sold at an average price of $82.16, for a total value of $515,636.16. Following the completion of the sale, the insider now owns 61,905 shares of the company’s stock, valued at approximately $5,086,114.80. The sale was disclosed in a legal filing 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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