Exxonmobil Investment Management Inc. TX Has $7.68 Million Stake in Capital One Financial Corp. (NYSE:COF)

Exxonmobil Investment Management Inc. TX trimmed its holdings in shares of Capital One Financial Corp. (NYSE:COF) by 12.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 77,076 shares of the financial services provider’s stock after selling 11,253 shares during the quarter. Exxonmobil Investment Management Inc. TX’s holdings in Capital One Financial were worth $7,675,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. BB&T Investment Services Inc. acquired a new stake in Capital One Financial during the 2nd quarter worth approximately $108,000. Seven Eight Capital LP boosted its position in Capital One Financial by 16.7% during the 2nd quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock worth $116,000 after buying an additional 200 shares during the period. Archford Capital Strategies LLC boosted its position in Capital One Financial by 8,078.3% during the 2nd quarter. Archford Capital Strategies LLC now owns 4,907 shares of the financial services provider’s stock worth $140,000 after buying an additional 4,847 shares during the period. Westside Investment Management Inc. boosted its position in Capital One Financial by 48.0% during the 2nd quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock worth $143,000 after buying an additional 566 shares during the period. Finally, Camelot Portfolios LLC acquired a new stake in Capital One Financial during the 3rd quarter worth approximately $201,000. Hedge funds and other institutional investors own 88.33% of the company’s stock.

Capital One Financial Corp. (COF) opened at $104.42 on Wednesday. The firm has a market cap of $50,620.00, a P/E ratio of 14.65, a P/E/G ratio of 1.39 and a beta of 1.28. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.07 and a quick ratio of 1.06. Capital One Financial Corp. has a 52-week low of $76.05 and a 52-week high of $106.47.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.15 by $0.27. The business had revenue of $6.99 billion during the quarter, compared to analyst estimates of $6.81 billion. Capital One Financial had a return on equity of 8.25% and a net margin of 13.34%. Capital One Financial’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.03 earnings per share. analysts anticipate that Capital One Financial Corp. will post 7.99 EPS for the current year.

Capital One Financial declared that its board has initiated a share repurchase program on Tuesday, December 26th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the financial services provider to reacquire shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Several research analysts have issued reports on the stock. BMO Capital Markets raised their price target on shares of Capital One Financial from $116.00 to $118.00 and gave the stock an “outperform” rating in a report on Wednesday, October 25th. Credit Suisse Group reiterated a “hold” rating and issued a $92.00 price objective on shares of Capital One Financial in a research note on Tuesday, December 19th. Piper Jaffray Companies reiterated a “sell” rating and issued a $81.00 price objective on shares of Capital One Financial in a research note on Friday, October 27th. Wells Fargo & Co began coverage on shares of Capital One Financial in a research report on Tuesday, October 10th. They issued an “outperform” rating and a $96.00 price target for the company. Finally, Bank of America lifted their price target on shares of Capital One Financial from $89.00 to $91.00 and gave the company a “neutral” rating in a research report on Wednesday, October 25th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $102.14.

In related news, insider Frank G. LapradeIii sold 83,046 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $95.00, for a total transaction of $7,889,370.00. Following the completion of the transaction, the insider now owns 97,346 shares in the company, valued at $9,247,870. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Yajnik Sanjiv sold 156,278 shares of the company’s stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $100.00, for a total value of $15,627,800.00. Following the transaction, the insider now owns 199,216 shares of the company’s stock, valued at approximately $19,921,600. The disclosure for this sale can be found here. In the last three months, insiders have sold 435,282 shares of company stock valued at $42,264,713. Insiders own 1.73% of the company’s stock.

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Capital One Financial 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 (NYSE:COF)

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