Tokio Marine Asset Management Co. Ltd. increased its stake in shares of Capital One Financial Corporation (NYSE:COF) by 411.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,424 shares of the financial services provider’s stock after purchasing an additional 22,862 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Capital One Financial Corporation were worth $2,406,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. BB&T Investment Services Inc. acquired a new position in Capital One Financial Corporation in the 2nd quarter valued at approximately $108,000. Seven Eight Capital LP increased its position in 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 during the period. Bronfman E.L. Rothschild L.P. increased its position in 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 during the period. Archford Capital Strategies LLC increased its position in 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 during the period. Finally, Westside Investment Management Inc. increased its position in 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 during the period. Institutional investors and hedge funds own 87.51% of the company’s stock.

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Capital One Financial Corporation (NYSE:COF) last released its earnings results on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.15 by $0.27. The firm had revenue of $6.99 billion for the quarter, compared to the consensus estimate of $6.81 billion. Capital One Financial Corporation had a net margin of 13.34% and a return on equity of 8.25%. The company’s revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.03 EPS.

Several equities analysts have issued reports on COF shares. Wedbush cut shares of Capital One Financial Corporation from a “neutral” rating to an “underperform” rating and decreased their price target for the company from $94.00 to $80.00 in a research report on Wednesday, July 5th. Zacks Investment Research upgraded shares of Capital One Financial Corporation from a “sell” rating to a “hold” rating in a research report on Monday, October 9th. BMO Capital Markets reiterated a “buy” rating and set a $116.00 price objective on shares of Capital One Financial Corporation in a research report on Friday, October 6th. Oppenheimer Holdings, Inc. upgraded shares of Capital One Financial Corporation from an “underperform” rating to a “market perform” rating and set a $82.00 price objective for the company in a research report on Friday, July 21st. Finally, Morgan Stanley reiterated an “overweight” rating and set a $97.00 price objective (down from $100.00) on shares of Capital One Financial Corporation in a research report on Thursday, July 6th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $95.00.

In related news, Director Ann F. Hackett sold 11,055 shares of the company’s stock in a transaction dated Wednesday, October 25th. The shares were sold at an average price of $91.18, for a total value 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mayo A. Shattuck III sold 24,167 shares of the company’s stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $92.71, for a total transaction of $2,240,522.57. Following the completion of 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. Insiders own 1.73% of the company’s stock.

About Capital One Financial Corporation

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.

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

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