Capital One Financial Corporation $COF Shares Acquired by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. grew its stake in Capital One Financial Corporation (NYSE:COF) by 86.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,028 shares of the financial services provider’s stock after purchasing an additional 1,406 shares during the quarter. Bridgewater Advisors Inc.’s holdings in Capital One Financial were worth $647,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of COF. Brighton Jones LLC raised its stake in shares of Capital One Financial by 330.1% in the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after purchasing an additional 10,428 shares in the last quarter. Mutual Advisors LLC acquired a new stake in shares of Capital One Financial in the 1st quarter valued at about $215,000. OneDigital Investment Advisors LLC raised its stake in shares of Capital One Financial by 39.5% in the 1st quarter. OneDigital Investment Advisors LLC now owns 4,287 shares of the financial services provider’s stock valued at $769,000 after purchasing an additional 1,213 shares in the last quarter. Capital Investment Advisory Services LLC acquired a new stake in shares of Capital One Financial in the 1st quarter valued at about $378,000. Finally, Wayfinding Financial LLC acquired a new stake in shares of Capital One Financial in the 1st quarter valued at about $67,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insiders Place Their Bets

In other Capital One Financial news, CEO Richard D. Fairbank sold 103,486 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $225.68, for a total value of $23,354,720.48. Following the completion of the transaction, the chief executive officer owned 4,051,228 shares in the company, valued at approximately $914,281,135.04. This represents a 2.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Timothy P. Golden sold 3,462 shares of the company’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total transaction of $727,989.36. Following the completion of the transaction, the chief accounting officer owned 8,987 shares of the company’s stock, valued at approximately $1,889,786.36. This trade represents a 27.81% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 111,155 shares of company stock worth $24,998,080. Insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $221.38 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The firm has a 50-day simple moving average of $219.84 and a 200 day simple moving average of $208.52. The company has a market cap of $141.58 billion, a PE ratio of 93.41, a P/E/G ratio of 0.70 and a beta of 1.18.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 EPS for the quarter, topping the consensus estimate of $4.25 by $1.70. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The firm had revenue of $15.36 billion during the quarter, compared to analysts’ expectations of $15.06 billion. During the same quarter in the prior year, the firm earned $4.51 EPS. Capital One Financial’s quarterly revenue was up 53.4% on a year-over-year basis. On average, sell-side analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Capital One Financial in a research note on Wednesday, October 8th. Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st. Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. HSBC boosted their price objective on shares of Capital One Financial from $218.00 to $234.00 and gave the company a “hold” rating in a research report on Thursday, October 23rd. Finally, Barclays boosted their price objective on shares of Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Four research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and an average price target of $261.63.

Capital One Financial Company 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.