Capital One Financial Corp. (COF) Holdings Lifted by Advisory Services Network LLC

Advisory Services Network LLC grew its position in Capital One Financial Corp. (NYSE:COF) by 77.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 18,760 shares of the financial services provider’s stock after buying an additional 8,162 shares during the period. Advisory Services Network LLC’s holdings in Capital One Financial were worth $1,868,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of COF. Davis Selected Advisers raised its holdings in Capital One Financial by 43.7% in the third quarter. Davis Selected Advisers now owns 11,581,237 shares of the financial services provider’s stock worth $980,149,000 after buying an additional 3,519,332 shares during the last quarter. APG Asset Management N.V. raised its holdings in Capital One Financial by 1,256.0% in the fourth quarter. APG Asset Management N.V. now owns 1,851,401 shares of the financial services provider’s stock worth $153,533,000 after buying an additional 1,714,867 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its holdings in Capital One Financial by 49,032.3% in the fourth quarter. Los Angeles Capital Management & Equity Research Inc. now owns 1,479,866 shares of the financial services provider’s stock worth $147,365,000 after buying an additional 1,476,854 shares during the last quarter. Point72 Asset Management L.P. raised its holdings in Capital One Financial by 229.4% in the third quarter. Point72 Asset Management L.P. now owns 1,647,291 shares of the financial services provider’s stock worth $139,460,000 after buying an additional 1,147,191 shares during the last quarter. Finally, Cornerstone Investment Partners LLC raised its holdings in Capital One Financial by 87.9% in the fourth quarter. Cornerstone Investment Partners LLC now owns 2,045,312 shares of the financial services provider’s stock worth $203,672,000 after buying an additional 956,815 shares during the last quarter. 89.16% of the stock is owned by institutional investors and hedge funds.

In other news, CEO Richard D. Fairbank sold 485,202 shares of the business’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $105.09, for a total value of $50,989,878.18. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert M. Alexander sold 76,354 shares of the business’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $94.84, for a total transaction of $7,241,413.36. Following the completion of the transaction, the insider now directly owns 89,603 shares in the company, valued at approximately $8,497,948.52. The disclosure for this sale can be found here. Insiders sold 954,948 shares of company stock worth $97,433,019 in the last three months. Insiders own 1.73% of the company’s stock.

Capital One Financial Corp. (COF) opened at $97.38 on Thursday. Capital One Financial Corp. has a 1-year low of $76.05 and a 1-year high of $106.50. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 1.07. The company has a market cap of $46,273.00, a price-to-earnings ratio of 28.23, a PEG ratio of 0.87 and a beta of 1.33.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, January 23rd. The financial services provider reported $1.62 EPS for the quarter, missing the consensus estimate of $1.85 by ($0.23). Capital One Financial had a return on equity of 8.36% and a net margin of 6.89%. The company had revenue of $7 billion during the quarter, compared to analysts’ expectations of $7.12 billion. During the same period last year, the firm posted $1.45 EPS. Capital One Financial’s quarterly revenue was up 6.6% compared to the same quarter last year. research analysts expect that Capital One Financial Corp. will post 9.72 EPS for the current fiscal year.

Capital One Financial declared that its board has approved a stock repurchase program on Tuesday, December 26th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

The business also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Monday, February 12th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.64%. The ex-dividend date is Friday, February 9th. Capital One Financial’s dividend payout ratio (DPR) is presently 46.38%.

COF has been the subject of a number of research analyst reports. Piper Jaffray Companies upgraded shares of Capital One Financial from an “underweight” rating to a “neutral” rating and set a $81.00 price target for the company in a research note on Monday, December 18th. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $107.00 price target for the company in a research note on Monday, December 18th. Barclays lifted their price target on shares of Capital One Financial from $105.00 to $120.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. Wedbush set a $95.00 price target on shares of Capital One Financial and gave the stock a “hold” rating in a research note on Monday, December 11th. Finally, Zacks Investment Research upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $111.00 target price for the company in a research report on Tuesday, December 26th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $106.14.

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Capital One Financial Profile

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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

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