Korea Investment CORP trimmed its stake in Capital One Financial Corporation (NYSE:COF) by 1.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 131,398 shares of the financial services provider’s stock after selling 2,100 shares during the period. Korea Investment CORP’s holdings in Capital One Financial Corporation were worth $11,124,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of COF. BB&T Investment Services Inc. bought a new position in shares of Capital One Financial Corporation in the 2nd quarter valued at approximately $108,000. Seven Eight Capital LP raised its stake in shares of Capital One Financial Corporation by 16.7% in the 2nd quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock valued at $116,000 after acquiring an additional 200 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in shares of Capital One Financial Corporation by 47.1% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,652 shares of the financial services provider’s stock valued at $137,000 after acquiring an additional 529 shares in the last quarter. Archford Capital Strategies LLC raised its stake in shares of Capital One Financial Corporation by 8,078.3% in the 2nd quarter. Archford Capital Strategies LLC now owns 4,907 shares of the financial services provider’s stock valued at $140,000 after acquiring an additional 4,847 shares in the last quarter. Finally, Westside Investment Management Inc. raised its stake in shares of Capital One Financial Corporation by 48.0% in the 2nd quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock valued at $143,000 after acquiring an additional 566 shares in the last quarter. 87.51% of the stock is currently owned by institutional investors and hedge funds.

Shares of Capital One Financial Corporation (NYSE:COF) opened at 92.18 on Wednesday. The firm has a market cap of $44.62 billion, a price-to-earnings ratio of 13.44 and a beta of 1.23. The company has a 50-day moving average price of $85.66 and a 200 day moving average price of $82.75. Capital One Financial Corporation has a 52 week low of $71.91 and a 52 week high of $96.92.

Capital One Financial Corporation (NYSE:COF) last posted its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $2.42 EPS for the quarter, topping the Zacks’ consensus estimate of $2.15 by $0.27. Capital One Financial Corporation had a return on equity of 8.25% and a net margin of 13.34%. The firm had revenue of $6.99 billion for the quarter, compared to analyst estimates of $6.81 billion. During the same quarter last year, the company earned $2.03 EPS. The company’s revenue was up 8.1% on a year-over-year basis. Analysts expect that Capital One Financial Corporation will post $7.54 EPS for the current fiscal year.

Several brokerages have commented on COF. Zacks Investment Research raised Capital One Financial Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, July 27th. UBS AG raised Capital One Financial Corporation from an “underperform” rating to a “market perform” rating in a research report on Friday, July 21st. BidaskClub downgraded Capital One Financial Corporation from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Keefe, Bruyette & Woods set a $106.00 price target on Capital One Financial Corporation and gave the stock a “buy” rating in a research report on Tuesday, August 15th. Finally, Bank of America Corporation lifted their price target on Capital One Financial Corporation from $89.00 to $91.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $95.00.

In other Capital One Financial Corporation news, Director Ann F. Hackett sold 11,055 shares of the firm’s stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $91.18, for a total transaction of $1,007,994.90. Following the transaction, the director now owns 69,066 shares in the company, valued at approximately $6,297,437.88. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Mayo A. Shattuck III sold 24,167 shares of the firm’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of $92.71, for a total value of $2,240,522.57. Following the transaction, the director now owns 59,613 shares in the company, valued at approximately $5,526,721.23. The disclosure for this sale can be found here. 1.73% of the stock is owned by company insiders.

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Capital One Financial Corporation Company 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.

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Institutional Ownership by Quarter for Capital One Financial Corporation (NYSE:COF)

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