Westpac Banking Corp boosted its position in shares of Capital One Financial Corp. (NYSE:COF) by 74.6% during the second quarter, Holdings Channel reports. The institutional investor owned 94,650 shares of the financial services provider’s stock after buying an additional 40,450 shares during the period. Westpac Banking Corp’s holdings in Capital One Financial Corp. were worth $6,011,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Dodge & Cox raised its stake in shares of Capital One Financial Corp. by 0.3% in the first quarter. Dodge & Cox now owns 49,048,291 shares of the financial services provider’s stock worth $3,399,537,000 after buying an additional 159,877 shares in the last quarter. State Street Corp raised its stake in shares of Capital One Financial Corp. by 0.4% in the first quarter. State Street Corp now owns 21,934,733 shares of the financial services provider’s stock worth $1,520,294,000 after buying an additional 92,836 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of 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 worth $1,258,393,000 after buying an additional 1,763,210 shares in the last quarter. BlackRock Institutional Trust Company N.A. raised its stake in shares of Capital One Financial Corp. by 2.7% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 14,309,621 shares of the financial services provider’s stock worth $991,800,000 after buying an additional 377,853 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of 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 worth $827,863,000 after buying an additional 859,442 shares in the last quarter. 88.15% of the stock is currently owned by institutional investors and hedge funds.

Shares of Capital One Financial Corp. (NYSE:COF) opened at 71.62 on Tuesday. The company has a market cap of $36.65 billion, a price-to-earnings ratio of 10.11 and a beta of 1.33. The firm has a 50 day moving average price of $69.33 and a 200-day moving average price of $69.07. Capital One Financial Corp. has a 52-week low of $58.03 and a 52-week high of $81.62.

Capital One Financial Corp. (NYSE:COF) last released its quarterly earnings results on Thursday, July 21st. The financial services provider reported $1.69 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.86 by $0.17. Capital One Financial Corp. had a net margin of 15.38% and a return on equity of 8.56%. The firm had revenue of $6.30 billion for the quarter, compared to analysts’ expectations of $6.28 billion. Equities research analysts anticipate that Capital One Financial Corp. will post $7.18 earnings per share for the current year.

COF has been the topic of a number of recent research reports. Robert W. Baird reissued an “outperform” rating on shares of Capital One Financial Corp. in a research report on Thursday, August 4th. Credit Suisse Group AG reaffirmed a “neutral” rating on shares of Capital One Financial Corp. in a research report on Tuesday, July 5th. Jefferies Group reaffirmed a “hold” rating and set a $69.00 price target on shares of Capital One Financial Corp. in a research report on Monday, July 25th. Rafferty Capital Markets lowered Capital One Financial Corp. from a “buy” rating to a “hold” rating in a research report on Monday, July 25th. Finally, Deutsche Bank AG reduced their target price on Capital One Financial Corp. from $78.00 to $73.00 and set a “hold” rating for the company in a research note on Thursday, July 7th. Five research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $79.28.

Capital One Financial Corp. Company Profile

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