Capital One Financial Co. (NYSE:COF) Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its holdings in shares of Capital One Financial Co. (NYSE:COFFree Report) by 18.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,861 shares of the financial services provider’s stock after purchasing an additional 3,430 shares during the period. Oppenheimer & Co. Inc.’s holdings in Capital One Financial were worth $2,866,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of COF. Capital World Investors raised its stake in Capital One Financial by 2.1% during the fourth quarter. Capital World Investors now owns 14,991,564 shares of the financial services provider’s stock worth $1,965,761,000 after acquiring an additional 311,696 shares during the period. Capital Research Global Investors raised its position in shares of Capital One Financial by 16.7% during the 4th quarter. Capital Research Global Investors now owns 12,227,848 shares of the financial services provider’s stock worth $1,603,316,000 after purchasing an additional 1,745,545 shares during the period. Pzena Investment Management LLC lifted its holdings in shares of Capital One Financial by 1.6% in the 4th quarter. Pzena Investment Management LLC now owns 7,751,043 shares of the financial services provider’s stock worth $1,016,317,000 after purchasing an additional 124,055 shares during the last quarter. Northern Trust Corp boosted its position in Capital One Financial by 2.6% during the 3rd quarter. Northern Trust Corp now owns 3,954,877 shares of the financial services provider’s stock valued at $383,821,000 after purchasing an additional 99,915 shares during the period. Finally, Norges Bank bought a new position in Capital One Financial during the 4th quarter worth $409,831,000. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Performance

COF opened at $139.80 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86. The firm has a market cap of $53.15 billion, a PE ratio of 10.95, a P/E/G ratio of 1.06 and a beta of 1.45. The business has a fifty day simple moving average of $141.25 and a 200-day simple moving average of $134.36. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $149.94.

Capital One Financial (NYSE:COFGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The company had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter last year, the business earned $2.31 EPS. As a group, equities analysts predict that Capital One Financial Co. will post 13.05 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were issued a dividend of $0.60 per share. The ex-dividend date was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.72%. Capital One Financial’s dividend payout ratio is currently 18.79%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the sale, the insider now directly owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Capital One Financial news, insider Celia Karam sold 16,913 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the sale, the insider now directly owns 47,081 shares in the company, valued at approximately $6,726,933.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Timothy P. Golden sold 8,656 shares of the company’s stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the transaction, the insider now owns 10,246 shares in the company, valued at approximately $1,475,833.84. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on COF shares. Wolfe Research upgraded Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price on the stock in a research note on Thursday, April 4th. Wells Fargo & Company upped their target price on shares of Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 10th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $159.00 price target on shares of Capital One Financial in a report on Wednesday, March 27th. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a report on Wednesday, April 3rd. Finally, UBS Group lifted their target price on Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, February 29th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $141.25.

View Our Latest Report on COF

About Capital One Financial

(Free Report)

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.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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