Marshall Wace LLP Has $30.76 Million Stock Position in Capital One Financial Co. (NYSE:COF)

Marshall Wace LLP increased its stake in shares of Capital One Financial Co. (NYSE:COF) by 2,960.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 222,186 shares of the financial services provider’s stock after acquiring an additional 214,927 shares during the period. Marshall Wace LLP’s holdings in Capital One Financial were worth $30,762,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Gryphon Financial Partners LLC boosted its position in shares of Capital One Financial by 3.3% during the fourth quarter. Gryphon Financial Partners LLC now owns 3,538 shares of the financial services provider’s stock worth $464,000 after buying an additional 114 shares during the period. Parallel Advisors LLC boosted its position in Capital One Financial by 5.6% during the 4th quarter. Parallel Advisors LLC now owns 7,059 shares of the financial services provider’s stock worth $926,000 after acquiring an additional 374 shares during the last quarter. TD Asset Management Inc raised its holdings in shares of Capital One Financial by 8.3% in the fourth quarter. TD Asset Management Inc now owns 136,643 shares of the financial services provider’s stock valued at $17,917,000 after purchasing an additional 10,510 shares during the last quarter. Stifel Financial Corp raised its holdings in shares of Capital One Financial by 1.7% in the fourth quarter. Stifel Financial Corp now owns 211,358 shares of the financial services provider’s stock valued at $27,714,000 after purchasing an additional 3,613 shares during the last quarter. Finally, Fiduciary Trust Co bought a new stake in shares of Capital One Financial in the fourth quarter worth $277,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Price Performance

NYSE:COF opened at $147.78 on Friday. Capital One Financial Co. has a 52 week low of $88.23 and a 52 week high of $154.18. 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 firm’s 50-day simple moving average is $142.58 and its 200 day simple moving average is $141.14. The firm has a market cap of $56.19 billion, a price-to-earnings ratio of 11.57, a P/E/G ratio of 1.21 and a beta of 1.44.

Capital One Financial (NYSE:COF) last announced 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). The business had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the business posted $3.52 earnings per share. As a group, sell-side analysts predict that Capital One Financial Co. will post 12.91 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.62%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is currently 18.79%.

Analyst Upgrades and Downgrades

COF has been the topic of several recent research reports. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their price target for the company from $145.00 to $165.00 in a research note on Thursday, June 6th. BTIG Research assumed coverage on Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating on the stock. Evercore ISI decreased their price target on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. Citigroup started coverage on Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $150.00 target price on shares of Capital One Financial in a report on Thursday, July 25th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $147.21.

Insider Buying and Selling

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the business’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 completion of the transaction, 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 can be accessed through this hyperlink. Also, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares of the company’s stock, valued at $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

About Capital One Financial

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.