Trade Report: Today, Sei Investments Co. Reached $27,998,000 position of Capital One Financial Corp. (COF)

Today, Sei Investments Co. Reached $27,998,000 position  of Capital One Financial Corp. (COF)

Sei Investments Co. reduced its position in shares of Capital One Financial Corp. (NYSE:COF) by 5.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 389,772 shares of the financial services provider’s stock after selling 24,182 shares during the period. Sei Investments Co. owned approximately 0.08% of Capital One Financial Corp. worth $27,998,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Emerald Acquisition Ltd. bought a new position in Capital One Financial Corp. during the second quarter worth $135,041,000. Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of Capital One Financial Corp. by 9.8% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 19,814,087 shares of the financial services provider’s stock valued at $1,258,393,000 after buying an additional 1,763,210 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of Capital One Financial Corp. by 607.9% in the third quarter. Fisher Asset Management LLC now owns 1,383,441 shares of the financial services provider’s stock valued at $99,373,000 after buying an additional 1,188,001 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Capital One Financial Corp. by 11.9% in the second quarter. Bank of New York Mellon Corp now owns 9,231,164 shares of the financial services provider’s stock valued at $586,272,000 after buying an additional 980,836 shares during the last quarter. Finally, Point72 Asset Management L.P. increased its stake in shares of Capital One Financial Corp. by 6,480.0% in the second quarter. Point72 Asset Management L.P. now owns 987,000 shares of the financial services provider’s stock valued at $62,684,000 after buying an additional 972,000 shares during the last quarter. 90.62% of the stock is currently owned by institutional investors.

Capital One Financial Corp. (NYSE:COF) remained flat at $84.62 during midday trading on Friday. 569,821 shares of the company traded hands. The company has a 50-day moving average price of $75.89 and a 200-day moving average price of $70.53. Capital One Financial Corp. has a one year low of $58.03 and a one year high of $84.80. The stock has a market capitalization of $42.40 billion, a price-to-earnings ratio of 12.09 and a beta of 1.21.

Capital One Financial Corp. (NYSE:COF) last posted its earnings results on Tuesday, October 25th. The financial services provider reported $2.03 EPS for the quarter, topping the consensus estimate of $1.94 by $0.09. The company earned $6.46 billion during the quarter, compared to the consensus estimate of $432.47 million. Capital One Financial Corp. had a net margin of 14.37% and a return on equity of 8.44%. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the firm posted $2.10 earnings per share. On average, analysts forecast that Capital One Financial Corp. will post $7.06 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 25th. Shareholders of record on Monday, November 14th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend is Wednesday, November 9th. Capital One Financial Corp.’s payout ratio is 22.82%.

Several brokerages recently commented on COF. Stifel Nicolaus downgraded Capital One Financial Corp. from a “buy” rating to a “hold” rating and raised their price objective for the stock from $76.00 to $84.00 in a research note on Monday, November 14th. Morgan Stanley reaffirmed a “buy” rating and set a $83.00 price objective on shares of Capital One Financial Corp. in a research note on Wednesday, August 17th. Oppenheimer Holdings Inc. reaffirmed an “underperform” rating and set a $59.00 price objective on shares of Capital One Financial Corp. in a research note on Thursday, August 25th. Zacks Investment Research raised Capital One Financial Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, September 27th. Finally, Credit Suisse Group AG reaffirmed a “hold” rating on shares of Capital One Financial Corp. in a research note on Friday, September 16th. Four equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and thirteen have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $79.31.

In other Capital One Financial Corp. news, CEO Richard D. Fairbank sold 873,024 shares of the company’s stock in a transaction dated Friday, November 11th. The shares were sold at an average price of $77.63, for a total value of $67,772,853.12. Following the completion of the sale, the chief executive officer now directly owns 2,809,767 shares of the company’s stock, valued at approximately $218,122,212.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Richard D. Fairbank sold 4,300 shares of the company’s stock in a transaction dated Monday, October 31st. The stock was sold at an average price of $75.12, for a total transaction of $323,016.00. Following the completion of the sale, the chief executive officer now directly owns 2,597,316 shares of the company’s stock, valued at $195,110,377.92. The disclosure for this sale can be found here. 1.94% of the stock is currently owned by company insiders.

Capital One Financial Corp. Company Profile

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