Penserra Capital Management LLC Raises Position in Capital One Financial Corp. (NYSE:COF)

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Penserra Capital Management LLC raised its stake in Capital One Financial Corp. (NYSE:COF) by 26.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,809 shares of the financial services provider’s stock after purchasing an additional 381 shares during the quarter. Penserra Capital Management LLC’s holdings in Capital One Financial were worth $163,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Crestline Management LP purchased a new stake in Capital One Financial in the second quarter worth $1,932,000. Bridges Investment Management Inc. increased its position in Capital One Financial by 3.1% in the second quarter. Bridges Investment Management Inc. now owns 385,247 shares of the financial services provider’s stock worth $34,958,000 after buying an additional 11,726 shares during the last quarter. Calamos Advisors LLC increased its position in Capital One Financial by 3.4% in the second quarter. Calamos Advisors LLC now owns 428,670 shares of the financial services provider’s stock worth $38,897,000 after buying an additional 14,052 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Capital One Financial by 2.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 3,497,321 shares of the financial services provider’s stock worth $317,347,000 after buying an additional 95,246 shares during the last quarter. Finally, Carillon Tower Advisers Inc. increased its position in Capital One Financial by 30.9% in the third quarter. Carillon Tower Advisers Inc. now owns 43,600 shares of the financial services provider’s stock worth $3,967,000 after buying an additional 10,300 shares during the last quarter. 89.02% of the stock is owned by hedge funds and other institutional investors.

COF has been the subject of a number of recent research reports. Credit Suisse Group set a $116.00 target price on Capital One Financial and gave the stock a “buy” rating in a research report on Friday, October 25th. BMO Capital Markets raised their target price on Capital One Financial from $141.00 to $153.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Morgan Stanley reissued a “hold” rating and issued a $104.00 target price on shares of Capital One Financial in a research report on Tuesday, October 29th. Zacks Investment Research downgraded Capital One Financial from a “buy” rating to a “hold” rating and set a $101.00 target price for the company. in a research report on Wednesday, October 30th. Finally, Piper Jaffray Companies decreased their target price on Capital One Financial from $111.00 to $107.00 and set an “overweight” rating for the company in a research report on Wednesday, September 11th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company’s stock. Capital One Financial presently has a consensus rating of “Hold” and a consensus target price of $104.87.

In related news, Director Bradford H. Warner sold 3,777 shares of Capital One Financial stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $91.68, for a total transaction of $346,275.36. Following the completion of the sale, the director now owns 43,207 shares of the company’s stock, valued at $3,961,217.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider John G. Finneran, Jr. sold 56,939 shares of Capital One Financial stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $97.26, for a total value of $5,537,887.14. Insiders have sold 91,640 shares of company stock valued at $8,897,678 in the last three months. 1.43% of the stock is owned by corporate insiders.

Capital One Financial stock opened at $100.01 on Monday. Capital One Financial Corp. has a one year low of $69.90 and a one year high of $100.35. The business has a fifty day moving average price of $94.75 and a 200-day moving average price of $91.01. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.02 and a quick ratio of 1.01. The firm has a market capitalization of $46.58 billion, a P/E ratio of 8.73, a PEG ratio of 1.20 and a beta of 1.29.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $3.32 EPS for the quarter, topping the Zacks’ consensus estimate of $2.87 by $0.45. The firm had revenue of $6.96 billion during the quarter, compared to analyst estimates of $7.19 billion. Capital One Financial had a return on equity of 10.40% and a net margin of 16.84%. The business’s revenue for the quarter was up .0% on a year-over-year basis. During the same period last year, the company earned $3.12 earnings per share. Sell-side analysts expect that Capital One Financial Corp. will post 11.93 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Tuesday, November 12th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.60%. The ex-dividend date of this dividend was Friday, November 8th. Capital One Financial’s dividend payout ratio is 14.71%.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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

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