ProShare Advisors LLC Purchases 1,921 Shares of Capital One Financial Co. (NYSE:COF)

ProShare Advisors LLC boosted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 2.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 84,428 shares of the financial services provider’s stock after buying an additional 1,921 shares during the quarter. ProShare Advisors LLC’s holdings in Capital One Financial were worth $11,689,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in COF. Cantor Fitzgerald Investment Advisors L.P. bought a new position in Capital One Financial during the fourth quarter worth $2,299,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in Capital One Financial by 21.4% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock valued at $4,093,000 after buying an additional 4,840 shares during the last quarter. Twin Tree Management LP raised its holdings in Capital One Financial by 5.6% in the 1st quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock valued at $10,200,000 after acquiring an additional 3,609 shares during the period. Clear Harbor Asset Management LLC acquired a new stake in Capital One Financial during the second quarter worth approximately $511,000. Finally, QRG Capital Management Inc. boosted its holdings in shares of Capital One Financial by 3.2% during the second quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider’s stock worth $16,927,000 after acquiring an additional 3,776 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Down 0.7 %

Shares of NYSE:COF opened at $151.22 on Tuesday. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $154.18. The company has a market capitalization of $57.49 billion, a PE ratio of 11.84, a price-to-earnings-growth ratio of 1.08 and a beta of 1.44. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. The company has a fifty day moving average of $142.69 and a 200-day moving average of $141.03.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The firm had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. During the same quarter in the prior year, the business posted $3.52 earnings per share. Capital One Financial’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, equities analysts predict that Capital One Financial Co. will post 13.1 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.59%. The ex-dividend date was Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is currently 18.79%.

Analysts Set New Price Targets

Several research firms recently weighed in on COF. Citigroup assumed coverage on Capital One Financial in a report on Friday. They set a “buy” rating and a $190.00 price target for the company. BTIG Research began coverage on shares of Capital One Financial in a research report on Friday, June 7th. They issued a “neutral” rating for the company. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and raised their price target for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. Royal Bank of Canada reissued a “sector perform” rating and issued a $150.00 price objective on shares of Capital One Financial in a report on Thursday, July 25th. Finally, Evercore ISI lowered their target price on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a report on Tuesday, June 25th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $147.21.

Insider Activity

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

Capital One Financial 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.