Capital One Financial Corp. (COF) Position Boosted by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. boosted its position in Capital One Financial Corp. (NYSE:COF) by 2.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,196 shares of the financial services provider’s stock after purchasing an additional 721 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Capital One Financial were worth $2,141,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in COF. Vanguard Group Inc lifted its stake in Capital One Financial by 1.2% in the third quarter. Vanguard Group Inc now owns 34,504,061 shares of the financial services provider’s stock valued at $3,275,469,000 after acquiring an additional 406,610 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Capital One Financial by 1.6% in the fourth quarter. BlackRock Inc. now owns 29,873,409 shares of the financial services provider’s stock worth $2,258,131,000 after buying an additional 465,828 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of Capital One Financial by 7,526.3% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 11,906,861 shares of the financial services provider’s stock worth $158,000 after buying an additional 11,750,732 shares during the last quarter. Harris Associates L P lifted its stake in shares of Capital One Financial by 6.4% in the fourth quarter. Harris Associates L P now owns 8,070,530 shares of the financial services provider’s stock worth $610,052,000 after buying an additional 482,315 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Capital One Financial by 6.3% in the fourth quarter. Geode Capital Management LLC now owns 6,275,759 shares of the financial services provider’s stock worth $473,568,000 after buying an additional 370,154 shares during the last quarter. Institutional investors own 89.20% of the company’s stock.

In related news, insider Kleber Santos sold 2,928 shares of the stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $84.54, for a total value of $247,533.12. Following the sale, the insider now directly owns 19,454 shares in the company, valued at approximately $1,644,641.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.43% of the company’s stock.

Capital One Financial stock traded down $0.94 during trading hours on Wednesday, reaching $91.26. 1,050,460 shares of the company’s stock traded hands, compared to its average volume of 2,479,788. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 0.94. Capital One Financial Corp. has a fifty-two week low of $69.90 and a fifty-two week high of $101.26. The company has a market cap of $43.14 billion, a PE ratio of 8.39, a PEG ratio of 0.91 and a beta of 1.30.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, April 25th. The financial services provider reported $2.90 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.22. The business had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $7.03 billion. Capital One Financial had a net margin of 18.47% and a return on equity of 10.95%. Capital One Financial’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the company posted $2.62 EPS. Research analysts forecast that Capital One Financial Corp. will post 11.09 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 23rd. Investors of record on Monday, May 13th will be given a $0.40 dividend. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.75%. Capital One Financial’s dividend payout ratio is 14.71%.

Several equities analysts recently commented on the stock. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and boosted their price target for the company from $95.00 to $115.00 in a report on Tuesday, May 14th. Oppenheimer reissued a “market perform” rating on shares of Capital One Financial in a report on Wednesday, January 23rd. Zacks Investment Research lowered shares of Capital One Financial from a “buy” rating to a “hold” rating in a report on Wednesday, April 3rd. Nomura lowered their price target on shares of Capital One Financial to $90.00 and set a “neutral” rating on the stock in a report on Wednesday, January 23rd. Finally, ValuEngine raised shares of Capital One Financial from a “sell” rating to a “hold” rating in a report on Friday, April 26th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the company. Capital One Financial has a consensus rating of “Buy” and an average price target of $104.35.

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Capital One Financial Company Profile

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. 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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