Capital One Financial Corp. (COF) Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its stake in shares of Capital One Financial Corp. (NYSE:COF) by 6.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,568 shares of the financial services provider’s stock after purchasing an additional 808 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Capital One Financial were worth $1,288,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Pzena Investment Management LLC lifted its holdings in Capital One Financial by 11.5% in the second quarter. Pzena Investment Management LLC now owns 5,437,557 shares of the financial services provider’s stock worth $499,711,000 after acquiring an additional 559,856 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Capital One Financial by 1.1% in the second quarter. Dimensional Fund Advisors LP now owns 4,392,882 shares of the financial services provider’s stock worth $403,735,000 after acquiring an additional 46,261 shares during the last quarter. Newport Trust Co lifted its holdings in Capital One Financial by 1.8% in the second quarter. Newport Trust Co now owns 3,310,335 shares of the financial services provider’s stock worth $304,220,000 after acquiring an additional 58,408 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in Capital One Financial by 10.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 2,676,875 shares of the financial services provider’s stock worth $246,005,000 after acquiring an additional 250,411 shares during the last quarter. Finally, Bank of Montreal Can lifted its holdings in Capital One Financial by 15.1% in the third quarter. Bank of Montreal Can now owns 2,034,276 shares of the financial services provider’s stock worth $193,115,000 after acquiring an additional 267,426 shares during the last quarter. 88.50% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have issued reports on the stock. Zacks Investment Research raised shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $109.00 target price on the stock in a report on Tuesday, July 24th. BMO Capital Markets raised their target price on shares of Capital One Financial from $126.00 to $132.00 and gave the stock an “outperform” rating in a report on Friday, July 20th. UBS Group cut their target price on shares of Capital One Financial from $116.00 to $113.00 and set a “buy” rating on the stock in a report on Tuesday, August 7th. Oppenheimer set a $116.00 target price on shares of Capital One Financial and gave the stock a “buy” rating in a report on Tuesday, September 18th. Finally, Morgan Stanley raised their target price on shares of Capital One Financial from $104.00 to $109.00 and gave the stock an “equal weight” rating in a report on Friday, July 20th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have assigned a buy rating to the company. Capital One Financial presently has a consensus rating of “Buy” and a consensus target price of $109.33.

Shares of NYSE:COF opened at $90.40 on Friday. Capital One Financial Corp. has a 52 week low of $84.94 and a 52 week high of $106.50. The company has a market capitalization of $43.04 billion, a price-to-earnings ratio of 8.56, a PEG ratio of 0.73 and a beta of 1.27. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.02.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, October 23rd. The financial services provider reported $3.12 EPS for the quarter, beating the consensus estimate of $2.89 by $0.23. Capital One Financial had a net margin of 11.84% and a return on equity of 11.01%. The company had revenue of $6.96 billion for the quarter, compared to analyst estimates of $6.88 billion. During the same quarter last year, the business earned $2.42 earnings per share. Capital One Financial’s revenue was down .3% compared to the same quarter last year. Sell-side analysts predict that Capital One Financial Corp. will post 11.38 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 23rd. Shareholders of record on Monday, November 12th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Thursday, November 8th. This represents a $1.60 annualized dividend and a dividend yield of 1.77%. Capital One Financial’s payout ratio is currently 20.54%.

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About Capital One Financial

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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