BNP PARIBAS ASSET MANAGEMENT Holding S.A. Grows Stock Holdings in Capital One Financial Co. (NYSE:COF)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of Capital One Financial Co. (NYSE:COF) by 16.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,903 shares of the financial services provider’s stock after purchasing an additional 4,410 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Capital One Financial were worth $4,417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Financial Security Advisor Inc. lifted its holdings in shares of Capital One Financial by 2.4% in the 1st quarter. Financial Security Advisor Inc. now owns 3,255 shares of the financial services provider’s stock valued at $485,000 after buying an additional 75 shares during the period. Valley National Advisers Inc. boosted its position in Capital One Financial by 0.5% in the 1st quarter. Valley National Advisers Inc. now owns 16,366 shares of the financial services provider’s stock worth $2,435,000 after purchasing an additional 75 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Capital One Financial by 11.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock worth $107,000 after purchasing an additional 75 shares during the period. Smith Chas P & Associates PA Cpas increased its holdings in shares of Capital One Financial by 2.8% during the 1st quarter. Smith Chas P & Associates PA Cpas now owns 2,829 shares of the financial services provider’s stock valued at $421,000 after purchasing an additional 76 shares in the last quarter. Finally, Marcum Wealth LLC lifted its stake in shares of Capital One Financial by 3.6% in the 2nd quarter. Marcum Wealth LLC now owns 2,295 shares of the financial services provider’s stock valued at $318,000 after purchasing an additional 79 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. BTIG Research assumed coverage on shares of Capital One Financial in a report on Friday, June 7th. They issued a “neutral” rating for the company. Evercore ISI reduced their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research report on Tuesday, June 25th. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their target price for the company from $145.00 to $165.00 in a research report on Thursday, June 6th. JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday, July 8th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $150.00 price target on shares of Capital One Financial in a research note on Thursday, July 25th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $145.89.

Capital One Financial Price Performance

COF opened at $146.93 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. The firm has a market cap of $55.86 billion, a price-to-earnings ratio of 11.51, a PEG ratio of 1.13 and a beta of 1.45. The stock’s 50-day moving average price is $140.83 and its 200 day moving average price is $140.14. Capital One Financial Co. has a 12-month low of $88.23 and a 12-month high of $153.35.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The business had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the firm posted $3.52 EPS. As a group, sell-side analysts expect that Capital One Financial Co. will post 13.17 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.63%. The ex-dividend date was Monday, August 12th. Capital One Financial’s payout ratio is currently 18.79%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the sale, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, insider Robert M. Alexander sold 30,742 shares of the business’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the completion of the transaction, the insider now directly owns 73,734 shares of the company’s stock, valued at $11,060,100. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Kevin S. Borgmann sold 61,532 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the sale, the chief executive officer now directly owns 40,934 shares in the company, valued at approximately $5,438,491.24. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by company insiders.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.