Standard Life Aberdeen plc grew its stake in shares of Capital One Financial Corp. (NYSE:COF) by 4.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 216,836 shares of the financial services provider’s stock after acquiring an additional 9,276 shares during the quarter. Standard Life Aberdeen plc’s holdings in Capital One Financial were worth $20,584,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of COF. Panagora Asset Management Inc. increased its holdings in shares of Capital One Financial by 81.0% during the third quarter. Panagora Asset Management Inc. now owns 2,266,047 shares of the financial services provider’s stock valued at $215,116,000 after acquiring an additional 1,014,394 shares in the last quarter. Epoch Investment Partners Inc. acquired a new position in shares of Capital One Financial during the second quarter valued at about $75,707,000. Pzena Investment Management LLC increased its holdings in shares of Capital One Financial by 11.5% during the second quarter. Pzena Investment Management LLC now owns 5,437,557 shares of the financial services provider’s stock valued at $499,711,000 after acquiring an additional 559,856 shares in the last quarter. Bain Capital Public Equity Management LLC acquired a new position in shares of Capital One Financial during the second quarter valued at about $26,142,000. Finally, Schroder Investment Management Group increased its holdings in shares of Capital One Financial by 51.7% during the third quarter. Schroder Investment Management Group now owns 832,336 shares of the financial services provider’s stock valued at $79,014,000 after acquiring an additional 283,726 shares in the last quarter. Hedge funds and other institutional investors own 88.35% of the company’s stock.
Shares of NYSE:COF opened at $84.89 on Thursday. Capital One Financial Corp. has a twelve month low of $84.31 and a twelve month high of $106.50. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market capitalization of $40.21 billion, a P/E ratio of 10.90, a price-to-earnings-growth ratio of 0.69 and a beta of 1.26.
Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, October 23rd. The financial services provider reported $3.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.89 by $0.23. Capital One Financial had a return on equity of 11.01% and a net margin of 11.84%. The business had revenue of $6.96 billion for the quarter, compared to analyst estimates of $6.88 billion. During the same quarter in the prior year, the firm posted $2.42 EPS. The business’s quarterly revenue was down .3% compared to the same quarter last year. On average, analysts forecast that Capital One Financial Corp. will post 11.38 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 23rd. Shareholders of record on Monday, November 12th were given a $0.40 dividend. The ex-dividend date was Thursday, November 8th. This represents a $1.60 annualized dividend and a yield of 1.88%. Capital One Financial’s dividend payout ratio is presently 20.54%.
Several brokerages recently weighed in on COF. BMO Capital Markets increased their price target on shares of Capital One Financial from $135.00 to $146.00 and gave the stock an “outperform” rating in a report on Wednesday, October 24th. Sandler O’Neill increased their price target on shares of Capital One Financial from $113.00 to $115.00 and gave the stock a “buy” rating in a report on Wednesday, October 24th. ValuEngine downgraded shares of Capital One Financial from a “hold” rating to a “sell” rating in a report on Monday, October 22nd. Oppenheimer set a $116.00 price target on shares of Capital One Financial and gave the stock a “buy” rating in a report on Tuesday, September 18th. Finally, Barclays reiterated a “buy” rating on shares of Capital One Financial in a report on Monday, October 29th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $109.19.
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Capital One Financial 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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