AMP Capital Investors Ltd Has $36.04 Million Position in Capital One Financial Corporation (COF)

AMP Capital Investors Ltd increased its stake in shares of Capital One Financial Corporation (NYSE:COF) by 11.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 425,680 shares of the financial services provider’s stock after purchasing an additional 44,451 shares during the quarter. AMP Capital Investors Ltd owned 0.09% of Capital One Financial worth $36,036,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Savant Capital LLC boosted its position in shares of Capital One Financial by 0.9% in the 2nd quarter. Savant Capital LLC now owns 3,213 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 28 shares during the period. ARGA Investment Management LP boosted its position in shares of Capital One Financial by 0.3% in the 2nd quarter. ARGA Investment Management LP now owns 11,002 shares of the financial services provider’s stock valued at $909,000 after purchasing an additional 32 shares during the period. Linscomb & Williams Inc. boosted its position in shares of Capital One Financial by 1.1% in the 2nd quarter. Linscomb & Williams Inc. now owns 2,953 shares of the financial services provider’s stock valued at $244,000 after purchasing an additional 33 shares during the period. Northern Capital Management LLC boosted its position in shares of Capital One Financial by 0.6% in the 2nd quarter. Northern Capital Management LLC now owns 18,974 shares of the financial services provider’s stock valued at $1,568,000 after purchasing an additional 110 shares during the period. Finally, Calamos Wealth Management LLC boosted its position in shares of Capital One Financial by 0.8% in the 2nd quarter. Calamos Wealth Management LLC now owns 14,228 shares of the financial services provider’s stock valued at $1,176,000 after purchasing an additional 113 shares during the period. 88.43% of the stock is owned by institutional investors and hedge funds.

In related news, insider Michael Slocum sold 8,292 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $91.99, for a total value of $762,781.08. Following the completion of the transaction, the insider now directly owns 53,613 shares of the company’s stock, valued at approximately $4,931,859.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mayo A. Shattuck III sold 24,167 shares of the firm’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $92.71, for a total value of $2,240,522.57. Following the completion of the transaction, the director now directly owns 59,613 shares of the company’s stock, valued at $5,526,721.23. The disclosure for this sale can be found here. Insiders sold a total of 131,868 shares of company stock valued at $12,378,192 over the last ninety days. 1.73% of the stock is currently owned by company insiders.

A number of brokerages recently issued reports on COF. Zacks Investment Research cut Capital One Financial from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. Piper Jaffray Companies reissued a “sell” rating and issued a $81.00 target price on shares of Capital One Financial in a research report on Friday, October 27th. BMO Capital Markets upped their target price on Capital One Financial from $116.00 to $118.00 and gave the company an “outperform” rating in a research report on Wednesday, October 25th. Oppenheimer reaffirmed a “hold” rating on shares of Capital One Financial in a research note on Tuesday, October 24th. Finally, Wedbush raised Capital One Financial from an “underperform” rating to a “neutral” rating and set a $80.00 price objective for the company in a research note on Wednesday, October 25th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $95.52.

Shares of Capital One Financial Corporation (COF) traded down $0.04 during mid-day trading on Thursday, hitting $93.87. The stock had a trading volume of 1,465,900 shares, compared to its average volume of 2,611,424. The stock has a market cap of $45,522.33, a P/E ratio of 12.39, a price-to-earnings-growth ratio of 1.40 and a beta of 1.28. Capital One Financial Corporation has a fifty-two week low of $76.05 and a fifty-two week high of $96.92. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 1.17.

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 analysts’ consensus estimates of $2.15 by $0.27. Capital One Financial had a return on equity of 8.25% and a net margin of 13.34%. The business had revenue of $6.99 billion during the quarter, compared to the consensus estimate of $6.81 billion. During the same period in the prior year, the business posted $2.03 EPS. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. analysts expect that Capital One Financial Corporation will post 7.97 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 24th. Investors of record on Monday, November 13th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.70%. The ex-dividend date was Friday, November 10th. Capital One Financial’s payout ratio is currently 22.63%.

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Capital One Financial 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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