Quantbot Technologies LP Acquires Shares of 19,322 Capital One Financial Corporation (COF)

Quantbot Technologies LP acquired a new stake in Capital One Financial Corporation (NYSE:COF) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 19,322 shares of the financial services provider’s stock, valued at approximately $1,635,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COF. Davis Selected Advisers boosted its holdings in shares of Capital One Financial Corporation by 112.8% in the 2nd quarter. Davis Selected Advisers now owns 8,061,905 shares of the financial services provider’s stock valued at $666,075,000 after buying an additional 4,274,053 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Capital One Financial Corporation by 107.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,989,104 shares of the financial services provider’s stock valued at $164,340,000 after buying an additional 1,031,829 shares during the last quarter. Pzena Investment Management LLC raised its stake in Capital One Financial Corporation by 28.1% in the 2nd quarter. Pzena Investment Management LLC now owns 4,041,646 shares of the financial services provider’s stock valued at $333,921,000 after acquiring an additional 885,934 shares during the period. Capital World Investors raised its stake in Capital One Financial Corporation by 2.3% in the 2nd quarter. Capital World Investors now owns 38,396,005 shares of the financial services provider’s stock valued at $3,172,278,000 after acquiring an additional 849,047 shares during the period. Finally, Renaissance Technologies LLC raised its stake in Capital One Financial Corporation by 153.3% in the 2nd quarter. Renaissance Technologies LLC now owns 989,099 shares of the financial services provider’s stock valued at $81,719,000 after acquiring an additional 598,600 shares during the period. 87.17% of the stock is owned by institutional investors.

Capital One Financial Corporation (NYSE:COF) opened at $87.83 on Friday. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.07 and a quick ratio of 1.06. Capital One Financial Corporation has a 12-month low of $76.05 and a 12-month high of $96.92. The company has a market capitalization of $42,575.07, a price-to-earnings ratio of 11.59, a P/E/G ratio of 1.31 and a beta of 1.30.

Capital One Financial Corporation (NYSE:COF) last issued its quarterly earnings results 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 company had revenue of $6.99 billion for the quarter, compared to analysts’ expectations of $6.81 billion. During the same quarter last year, the business earned $2.03 earnings per share. Capital One Financial Corporation’s revenue was up 8.1% on a year-over-year basis. analysts expect that Capital One Financial Corporation will post 7.94 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Monday, November 13th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date is Friday, November 10th. Capital One Financial Corporation’s payout ratio is currently 22.63%.

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In related news, Director Ann F. Hackett sold 11,055 shares of the firm’s stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $91.18, for a total value of $1,007,994.90. Following the sale, the director now directly owns 69,066 shares of the company’s stock, valued at $6,297,437.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael Slocum sold 8,292 shares of the firm’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $91.99, for a total value of $762,781.08. Following the completion of the sale, the insider now directly owns 53,613 shares in the company, valued at $4,931,859.87. The disclosure for this sale can be found here. Insiders sold 43,514 shares of company stock worth $4,011,299 in the last 90 days. 1.73% of the stock is owned by company insiders.

A number of equities research analysts recently weighed in on the company. BMO Capital Markets restated a “buy” rating and issued a $116.00 price target on shares of Capital One Financial Corporation in a research note on Friday, October 6th. Wells Fargo & Company assumed coverage on Capital One Financial Corporation in a research note on Tuesday, October 10th. They issued an “outperform” rating and a $96.00 price target on the stock. Compass Point assumed coverage on Capital One Financial Corporation in a research note on Thursday, August 10th. They issued a “neutral” rating and a $90.00 price target on the stock. Piper Jaffray Companies assumed coverage on Capital One Financial Corporation in a research note on Thursday, September 21st. They issued an “underweight” rating and a $81.00 price target on the stock. Finally, Wedbush upgraded Capital One Financial Corporation from an “underperform” rating to a “neutral” rating and set a $80.00 price target on the stock in a research note on Wednesday, October 25th. 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 issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $95.52.

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.

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

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