Huntington National Bank Has $26.98 Million Stake in Capital One Financial Corp. (COF)

Huntington National Bank grew its stake in shares of Capital One Financial Corp. (NYSE:COF) by 6.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 284,197 shares of the financial services provider’s stock after purchasing an additional 16,366 shares during the period. Huntington National Bank owned about 0.06% of Capital One Financial worth $26,979,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in COF. Farmers National Bank purchased a new stake in shares of Capital One Financial during the second quarter valued at $102,000. Integrated Investment Consultants LLC purchased a new stake in shares of Capital One Financial during the second quarter valued at $108,000. Kaizen Advisory LLC lifted its holdings in shares of Capital One Financial by 161.0% during the second quarter. Kaizen Advisory LLC now owns 1,198 shares of the financial services provider’s stock valued at $110,000 after purchasing an additional 739 shares during the last quarter. Sun Life Financial INC lifted its holdings in shares of Capital One Financial by 518.3% during the second quarter. Sun Life Financial INC now owns 1,317 shares of the financial services provider’s stock valued at $121,000 after purchasing an additional 1,104 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its stake in Capital One Financial by 87.5% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,500 shares of the financial services provider’s stock worth $138,000 after acquiring an additional 700 shares in the last quarter. 88.29% of the stock is owned by institutional investors and hedge funds.

In other news, insider Timothy P. Golden sold 4,073 shares of the firm’s stock in a transaction dated Thursday, August 2nd. The stock was sold at an average price of $95.85, for a total transaction of $390,397.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Richard D. Fairbank sold 242,090 shares of the firm’s stock in a transaction dated Tuesday, July 24th. The stock was sold at an average price of $99.33, for a total value of $24,046,799.70. The disclosure for this sale can be found here. Insiders have sold a total of 281,726 shares of company stock valued at $27,993,497 over the last ninety days. Company insiders own 1.40% of the company’s stock.

Shares of COF traded down $0.90 during midday trading on Thursday, reaching $90.58. 65,784 shares of the stock were exchanged, compared to its average volume of 2,419,484. Capital One Financial Corp. has a 12-month low of $85.17 and a 12-month high of $106.50. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market capitalization of $45.42 billion, a PE ratio of 11.75, a price-to-earnings-growth ratio of 0.81 and a beta of 1.29.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, July 19th. The financial services provider reported $3.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.63 by $0.59. Capital One Financial had a return on equity of 10.44% and a net margin of 10.73%. The company had revenue of $7.19 billion during the quarter, compared to the consensus estimate of $6.95 billion. During the same period last year, the business earned $1.96 EPS. The business’s quarterly revenue was up 7.3% on a year-over-year basis. On average, equities research analysts expect that Capital One Financial Corp. will post 11.04 earnings per share for the current fiscal year.

Several brokerages recently issued reports on COF. Zacks Investment Research raised Capital One Financial from a “hold” rating to a “buy” rating and set a $109.00 price objective for the company in a research note on Tuesday, July 24th. BMO Capital Markets increased their price objective on Capital One Financial from $126.00 to $132.00 and gave the stock an “outperform” rating in a research note on Friday, July 20th. UBS Group reduced their price objective on Capital One Financial from $116.00 to $113.00 and set a “buy” rating for the company in a research note on Tuesday, August 7th. Oppenheimer set a $116.00 price objective on Capital One Financial and gave the stock a “buy” rating in a research note on Tuesday, September 18th. Finally, Morgan Stanley increased their price objective on Capital One Financial from $104.00 to $109.00 and gave the stock an “equal weight” rating in a research note on Friday, July 20th. Eight investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Capital One Financial has an average rating of “Buy” and a consensus target price of $111.10.

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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