Acropolis Investment Management LLC boosted its position in shares of Capital One Financial Corp. (NYSE:COF) by 69.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,118 shares of the financial services provider’s stock after acquiring an additional 6,176 shares during the period. Acropolis Investment Management LLC’s holdings in Capital One Financial were worth $1,505,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. BB&T Investment Services Inc. acquired a new stake in shares of Capital One Financial in the second quarter worth $108,000. Seven Eight Capital LP increased its stake in shares of Capital One Financial by 16.7% in the second quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock worth $116,000 after acquiring an additional 200 shares during the period. Archford Capital Strategies LLC increased its stake in shares of Capital One Financial by 8,078.3% in the second quarter. Archford Capital Strategies LLC now owns 4,907 shares of the financial services provider’s stock worth $140,000 after acquiring an additional 4,847 shares during the period. Westside Investment Management Inc. increased its stake in shares of Capital One Financial by 48.0% in the second quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock worth $143,000 after acquiring an additional 566 shares during the period. Finally, Camelot Portfolios LLC acquired a new stake in shares of Capital One Financial in the third quarter worth $201,000. 88.75% of the stock is owned by institutional investors and hedge funds.
Several analysts recently commented on COF shares. Morgan Stanley raised their price target on shares of Capital One Financial from $110.00 to $111.00 and gave the company an “equal weight” rating in a research report on Friday. BMO Capital Markets restated an “outperform” rating and set a $140.00 price target on shares of Capital One Financial in a research report on Wednesday, January 24th. Credit Suisse Group raised their price target on shares of Capital One Financial from $106.00 to $110.00 and gave the company a “neutral” rating in a research report on Wednesday, January 24th. Wells Fargo & Co restated an “outperform” rating and set a $117.00 price target (up previously from $112.00) on shares of Capital One Financial in a research report on Wednesday, January 24th. Finally, Buckingham Research lifted their target price on shares of Capital One Financial from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the stock. Capital One Financial has a consensus rating of “Hold” and an average price target of $106.14.
Capital One Financial Corp. (COF) opened at $101.57 on Friday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.07 and a current ratio of 1.08. Capital One Financial Corp. has a 52 week low of $76.05 and a 52 week high of $106.50. The company has a market cap of $49,240.00, a PE ratio of 26.94, a price-to-earnings-growth ratio of 0.96 and a beta of 1.33.
Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 23rd. The financial services provider reported $1.62 EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $7 billion for the quarter, compared to analysts’ expectations of $7.12 billion. During the same period last year, the firm earned $1.45 earnings per share. Capital One Financial’s revenue for the quarter was up 6.6% on a year-over-year basis. equities analysts predict that Capital One Financial Corp. will post 9.72 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Monday, February 12th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date of this dividend is Friday, February 9th. Capital One Financial’s dividend payout ratio is presently 42.44%.
Capital One Financial announced that its Board of Directors has authorized a stock repurchase program on Tuesday, December 26th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its shares are undervalued.
In other Capital One Financial news, CEO Richard D. Fairbank sold 485,202 shares of the business’s stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $105.09, for a total transaction of $50,989,878.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ann F. Hackett sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $98.00, for a total transaction of $686,000.00. Following the transaction, the director now owns 65,011 shares of the company’s stock, valued at approximately $6,371,078. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 954,948 shares of company stock valued at $97,433,019. Company insiders own 1.73% of the company’s stock.
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Capital One Financial Company 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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