Squarepoint Ops LLC Has $6.39 Million Holdings in Capital One Financial Corp. (NYSE:COF)

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Squarepoint Ops LLC cut its stake in Capital One Financial Corp. (NYSE:COF) by 69.2% in the third quarter, HoldingsChannel reports. The fund owned 70,220 shares of the financial services provider’s stock after selling 157,602 shares during the period. Squarepoint Ops LLC’s holdings in Capital One Financial were worth $6,389,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Daiwa Securities Group Inc. raised its position in Capital One Financial by 2.5% in the second quarter. Daiwa Securities Group Inc. now owns 18,587 shares of the financial services provider’s stock worth $1,687,000 after acquiring an additional 450 shares in the last quarter. Westside Investment Management Inc. acquired a new stake in Capital One Financial in the second quarter valued at $72,000. Greenleaf Trust lifted its holdings in Capital One Financial by 77.5% in the second quarter. Greenleaf Trust now owns 8,087 shares of the financial services provider’s stock valued at $734,000 after acquiring an additional 3,531 shares during the period. ST Germain D J Co. Inc. boosted its position in shares of Capital One Financial by 3.8% during the 2nd quarter. ST Germain D J Co. Inc. now owns 4,133 shares of the financial services provider’s stock worth $375,000 after purchasing an additional 153 shares in the last quarter. Finally, Diversified Investment Strategies LLC boosted its position in shares of Capital One Financial by 74.0% during the 2nd quarter. Diversified Investment Strategies LLC now owns 61,990 shares of the financial services provider’s stock worth $5,625,000 after purchasing an additional 26,360 shares in the last quarter. 89.02% of the stock is owned by institutional investors.

NYSE:COF opened at $99.23 on Tuesday. Capital One Financial Corp. has a 52-week low of $69.90 and a 52-week high of $100.64. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 0.85. The stock has a fifty day simple moving average of $95.43 and a 200-day simple moving average of $91.17. The company has a market capitalization of $46.58 billion, a PE ratio of 9.12, a price-to-earnings-growth ratio of 1.20 and a beta of 1.29.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $3.32 EPS for the quarter, beating the Zacks’ consensus estimate of $2.87 by $0.45. Capital One Financial had a net margin of 16.84% and a return on equity of 10.40%. The firm had revenue of $6.96 billion for the quarter, compared to analysts’ expectations of $7.19 billion. During the same period in the prior year, the company earned $3.12 EPS. The firm’s revenue was up .0% on a year-over-year basis. As a group, equities analysts anticipate that Capital One Financial Corp. will post 11.93 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Tuesday, November 12th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend was Friday, November 8th. Capital One Financial’s payout ratio is currently 14.71%.

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

In other Capital One Financial news, Director Bradford H. Warner sold 3,777 shares of the firm’s 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 transaction, the director now owns 43,207 shares of the company’s stock, valued at $3,961,217.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider John G. Finneran, Jr. sold 56,939 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $97.26, for a total value of $5,537,887.14. Insiders sold 91,640 shares of company stock worth $8,897,678 in the last ninety days. Insiders own 1.43% of the company’s stock.

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.

See Also: Municipal Bonds

Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corp. (NYSE:COF).

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

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