Trade Report: Today, Bbva Compass Bancshares Inc. Acquires 31,073 Shares of Capital One Financial Corp. (COF)

Today, Bbva Compass Bancshares Inc. Acquires 31,073 Shares of Capital One Financial Corp. (COF)

Bbva Compass Bancshares Inc. increased its position in shares of Capital One Financial Corp. (NYSE:COF) by 90.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 65,528 shares of the financial services provider’s stock after buying an additional 31,073 shares during the period. Bbva Compass Bancshares Inc.’s holdings in Capital One Financial Corp. were worth $4,161,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Advisory Services Network LLC increased its stake in shares of Capital One Financial Corp. by 0.3% in the second quarter. Advisory Services Network LLC now owns 8,425 shares of the financial services provider’s stock worth $535,000 after buying an additional 22 shares during the period. Savant Capital LLC increased its stake in shares of Capital One Financial Corp. by 0.9% in the second quarter. Savant Capital LLC now owns 3,480 shares of the financial services provider’s stock worth $221,000 after buying an additional 31 shares during the period. Pitcairn Co. increased its stake in shares of Capital One Financial Corp. by 1.0% in the second quarter. Pitcairn Co. now owns 4,863 shares of the financial services provider’s stock worth $308,000 after buying an additional 46 shares during the period. Tompkins Financial Corp increased its stake in shares of Capital One Financial Corp. by 0.4% in the second quarter. Tompkins Financial Corp now owns 13,482 shares of the financial services provider’s stock worth $856,000 after buying an additional 54 shares during the period. Finally, Donaldson Capital Management LLC increased its stake in shares of Capital One Financial Corp. by 0.7% in the first quarter. Donaldson Capital Management LLC now owns 16,075 shares of the financial services provider’s stock worth $1,114,000 after buying an additional 119 shares during the period. 88.12% of the stock is owned by hedge funds and other institutional investors.

Shares of Capital One Financial Corp. (NYSE:COF) traded up 0.29% during mid-day trading on Tuesday, reaching $71.99. 1,656,354 shares of the company’s stock traded hands. The company has a 50 day moving average of $71.61 and a 200 day moving average of $69.41. Capital One Financial Corp. has a 12 month low of $58.03 and a 12 month high of $81.62. The company has a market cap of $36.84 billion, a price-to-earnings ratio of 10.16 and a beta of 1.28.

Capital One Financial Corp. (NYSE:COF) last released its quarterly earnings data on Thursday, July 21st. The financial services provider reported $1.69 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.86 by $0.17. Capital One Financial Corp. had a net margin of 15.38% and a return on equity of 8.56%. The firm earned $6.30 billion during the quarter, compared to analyst estimates of $6.28 billion. Analysts expect that Capital One Financial Corp. will post $7.17 earnings per share for the current fiscal year.

A number of analysts have weighed in on the stock. Nomura reissued a “hold” rating on shares of Capital One Financial Corp. in a report on Saturday, July 9th. Wells Fargo & Co. reissued a “hold” rating on shares of Capital One Financial Corp. in a report on Saturday, July 9th. Rafferty Capital Markets cut shares of Capital One Financial Corp. from a “buy” rating to a “hold” rating in a research note on Monday, July 25th. Jefferies Group restated a “hold” rating and issued a $69.00 price objective on shares of Capital One Financial Corp. in a research note on Monday, July 25th. Finally, Barclays PLC restated an “overweight” rating and issued a $80.00 price objective on shares of Capital One Financial Corp. in a research note on Wednesday, October 12th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and fourteen have given a buy rating to the stock. Capital One Financial Corp. currently has a consensus rating of “Hold” and an average price target of $78.98.

About Capital One Financial Corp.

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