First Mercantile Trust Co. lowered its stake in shares of Capital One Financial Corp. (NYSE:COF) by 13.6% during the second quarter, according to its most recent filing with the SEC. The fund owned 13,300 shares of the financial services provider’s stock after selling 2,100 shares during the period. First Mercantile Trust Co.’s holdings in Capital One Financial Corp. were worth $845,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Wellington Management Group LLP boosted its position in Capital One Financial Corp. by 191.1% in the first quarter. Wellington Management Group LLP now owns 3,745,286 shares of the financial services provider’s stock valued at $259,586,000 after buying an additional 2,458,482 shares during the period. Emerald Acquisition Ltd. acquired a new position in Capital One Financial Corp. during the second quarter valued at $135,041,000. Barrow Hanley Mewhinney & Strauss LLC boosted its position in Capital One Financial Corp. by 9.8% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 19,814,087 shares of the financial services provider’s stock valued at $1,258,393,000 after buying an additional 1,763,210 shares during the period. Bank of New York Mellon Corp boosted its position in Capital One Financial Corp. by 11.9% in the second quarter. Bank of New York Mellon Corp now owns 9,231,164 shares of the financial services provider’s stock valued at $586,272,000 after buying an additional 980,836 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Capital One Financial Corp. by 7.1% in the second quarter. JPMorgan Chase & Co. now owns 13,035,130 shares of the financial services provider’s stock valued at $827,863,000 after buying an additional 859,442 shares during the period. Institutional investors and hedge funds own 88.15% of the company’s stock.

Shares of Capital One Financial Corp. (NYSE:COF) opened at 70.98 on Tuesday. Capital One Financial Corp. has a 52-week low of $58.03 and a 52-week high of $81.62. The company has a market capitalization of $36.32 billion, a P/E ratio of 10.02 and a beta of 1.33. The stock’s 50 day moving average price is $69.33 and its 200-day moving average price is $69.07.

Capital One Financial Corp. (NYSE:COF) last posted its quarterly earnings data on Thursday, July 21st. The financial services provider reported $1.69 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.86 by $0.17. Capital One Financial Corp. had a return on equity of 8.56% and a net margin of 15.38%. The company had revenue of $6.30 billion for the quarter, compared to analyst estimates of $6.28 billion. On average, equities analysts expect that Capital One Financial Corp. will post $7.18 earnings per share for the current year.

COF has been the topic of several recent analyst reports. Barclays PLC reiterated an “overweight” rating and set a $87.00 price objective on shares of Capital One Financial Corp. in a report on Sunday, July 10th. Oppenheimer Holdings Inc. reiterated an “underperform” rating and set a $59.00 price objective on shares of Capital One Financial Corp. in a report on Thursday, August 25th. BMO Capital Markets restated a “buy” rating and issued a $108.00 target price on shares of Capital One Financial Corp. in a research note on Tuesday, July 5th. Deutsche Bank AG cut their target price on Capital One Financial Corp. from $78.00 to $73.00 and set a “hold” rating on the stock in a research note on Thursday, July 7th. Finally, Credit Suisse Group AG restated a “neutral” rating on shares of Capital One Financial Corp. in a research note on Tuesday, July 5th. Five research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $79.28.

Capital One Financial Corp. Company Profile

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