A number of large investors recently adjusted their holdings of Capital One Financial. Vanguard Group Inc. increased its holdings by 0.7% in the first quarter. Capital Research Global Investors and Capital World Investors also boosted their positions. Clearbridge Investments LLC and Legal & General Group Plc saw increases in their holdings as well. 89.84% of the stock is owned by hedge funds and other institutional investors.
Capital One Financial Stock Down 2.0 %
COF stock opened at $146.80 on Wednesday. The stock has a market capitalization of $55.81 billion, a PE ratio of 11.50, and a beta of 1.44. It has a one year low of $88.23 and a high of $154.18.
Capital One Financial (NYSE:COF – Get Free Report) reported $3.14 EPS for the quarter, missing analysts’ estimates. The company had a net margin of 9.01% and a return on equity of 9.31%. Revenue for the quarter was slightly below analyst estimates.
Capital One Financial Announces Dividend
The company paid a quarterly dividend on August 23rd. The ex-dividend date was August 12th. The annualized dividend yield is 1.63%.
Analysts Set New Price Targets
Several brokerages have given ratings and price targets for COF. Analysts expect the company to post 12.91 EPS for the current year.
Check Out Our Latest Analysis on Capital One Financial
Insider Activity at Capital One Financial
In recent insider transactions, shares were sold at an average price of $150.00. Other executives also sold shares of the company’s stock.
About Capital One Financial
Capital One Financial Corporation provides financial services in the US, Canada, and the UK through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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