DF Dent & Co. Inc. Has $2,000,000 Position in Capital One Financial Corporation (COF)

DF Dent & Co. Inc. continued to hold its stake in shares of Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 24,204 shares of the financial services provider’s stock at the end of the 2nd quarter. DF Dent & Co. Inc.’s holdings in Capital One Financial Corporation were worth $2,000,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of COF. Seven Eight Capital LP raised its stake in shares of Capital One Financial Corporation by 16.7% in the second quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock valued at $116,000 after buying an additional 200 shares during the period. Bronfman E.L. Rothschild L.P. raised its stake in shares of Capital One Financial Corporation by 47.1% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,652 shares of the financial services provider’s stock valued at $137,000 after buying an additional 529 shares during the period. Westside Investment Management Inc. raised its stake in shares of Capital One Financial Corporation by 48.0% in the second quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock valued at $143,000 after buying an additional 566 shares during the period. Guardian Life Insurance Co. of America raised its stake in shares of Capital One Financial Corporation by 0.6% in the first quarter. Guardian Life Insurance Co. of America now owns 1,860 shares of the financial services provider’s stock valued at $161,000 after buying an additional 11 shares during the period. Finally, SRS Capital Advisors Inc. raised its stake in shares of Capital One Financial Corporation by 16.6% in the first quarter. SRS Capital Advisors Inc. now owns 2,289 shares of the financial services provider’s stock valued at $198,000 after buying an additional 326 shares during the period. Hedge funds and other institutional investors own 87.99% of the company’s stock.

Shares of Capital One Financial Corporation (NYSE:COF) traded down 0.03% on Wednesday, hitting $87.27. The company’s stock had a trading volume of 336,016 shares. Capital One Financial Corporation has a one year low of $70.50 and a one year high of $96.92. The stock has a 50-day moving average price of $82.00 and a 200 day moving average price of $82.21. The firm has a market cap of $42.21 billion, a price-to-earnings ratio of 13.24 and a beta of 1.23.

Capital One Financial Corporation (NYSE:COF) last posted its quarterly earnings results on Thursday, July 20th. The financial services provider reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.06. Capital One Financial Corporation had a net margin of 13.32% and a return on equity of 7.92%. The business had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $6.68 billion. During the same quarter in the prior year, the company posted $1.76 EPS. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities research analysts predict that Capital One Financial Corporation will post $7.50 EPS for the current year.

Capital One Financial Corporation announced that its board has authorized a stock repurchase plan on Wednesday, June 28th that permits the company to repurchase $1.85 billion in shares. This repurchase authorization permits the financial services provider to reacquire up to 4.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Several equities analysts have recently weighed in on COF shares. BMO Capital Markets reiterated a “buy” rating and issued a $116.00 price target on shares of Capital One Financial Corporation in a research report on Friday, October 6th. Wedbush cut Capital One Financial Corporation from a “neutral” rating to an “underperform” rating and reduced their price target for the company from $94.00 to $80.00 in a research report on Wednesday, July 5th. Wells Fargo & Company started coverage on Capital One Financial Corporation in a research report on Tuesday. They issued an “outperform” rating and a $96.00 price target for the company. Compass Point started coverage on Capital One Financial Corporation in a research report on Thursday, August 10th. They issued a “neutral” rating and a $90.00 price target for the company. Finally, Oppenheimer Holdings, Inc. set a $82.00 price target on Capital One Financial Corporation and gave the company a “sell” rating in a research report on Tuesday, July 11th. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $93.36.

In other news, CEO Richard D. Fairbank sold 367,419 shares of the stock in a transaction that occurred on Wednesday, July 26th. The shares were sold at an average price of $87.02, for a total value of $31,972,801.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.73% of the company’s stock.

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Capital One Financial Corporation 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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