Candriam Luxembourg S.C.A. boosted its holdings in Capital One Financial Corp. (NYSE:COF) by 4.2% in the 4th quarter, HoldingsChannel reports. The firm owned 143,488 shares of the financial services provider’s stock after acquiring an additional 5,765 shares during the period. Candriam Luxembourg S.C.A.’s holdings in Capital One Financial were worth $10,846,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also modified their holdings of the company. Vanguard Group Inc raised its stake in Capital One Financial by 1.2% in the 3rd quarter. Vanguard Group Inc now owns 34,504,061 shares of the financial services provider’s stock worth $3,275,469,000 after purchasing an additional 406,610 shares in the last quarter. Affinity Investment Advisors LLC acquired a new stake in Capital One Financial in the 4th quarter worth about $9,167,000. Flinton Capital Management LLC raised its stake in Capital One Financial by 342.3% in the 4th quarter. Flinton Capital Management LLC now owns 35,312 shares of the financial services provider’s stock worth $2,669,000 after purchasing an additional 27,328 shares in the last quarter. PGGM Investments acquired a new stake in Capital One Financial in the 4th quarter worth about $12,379,000. Finally, American National Bank raised its stake in Capital One Financial by 26.7% in the 4th quarter. American National Bank now owns 57,798 shares of the financial services provider’s stock worth $4,369,000 after purchasing an additional 12,163 shares in the last quarter. Institutional investors and hedge funds own 88.79% of the company’s stock.
COF has been the subject of several analyst reports. Bank of America reiterated a “buy” rating and issued a $106.00 price objective (down previously from $120.00) on shares of Capital One Financial in a research note on Wednesday, January 23rd. CIBC reiterated a “market perform” rating on shares of Capital One Financial in a research note on Wednesday, January 23rd. Zacks Investment Research cut shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, December 19th. Credit Suisse Group dropped their price objective on shares of Capital One Financial from $109.00 to $102.00 and set a “positive” rating for the company in a research note on Wednesday, January 23rd. Finally, William Blair restated a “market perform” rating on shares of Capital One Financial in a research report on Wednesday, January 16th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $104.00.
Shares of NYSE:COF opened at $84.41 on Wednesday. The company has a market capitalization of $39.72 billion, a PE ratio of 7.76, a PEG ratio of 0.92 and a beta of 1.26. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 1.13. Capital One Financial Corp. has a 12 month low of $69.90 and a 12 month high of $101.26.
Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 22nd. The financial services provider reported $1.87 EPS for the quarter, missing the consensus estimate of $2.41 by ($0.54). The firm had revenue of $7.01 billion during the quarter, compared to analyst estimates of $7.07 billion. Capital One Financial had a net margin of 18.58% and a return on equity of 11.05%. Capital One Financial’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.59 earnings per share. As a group, research analysts expect that Capital One Financial Corp. will post 11.11 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, February 22nd. Stockholders of record on Monday, February 11th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.90%. The ex-dividend date was Friday, February 8th. Capital One Financial’s payout ratio is presently 14.71%.
In other news, insider Kleber Santos sold 3,570 shares of the business’s stock in a transaction that occurred on Thursday, February 21st. The shares were sold at an average price of $82.49, for a total value of $294,489.30. Following the completion of the transaction, the insider now directly owns 19,454 shares in the company, valued at approximately $1,604,760.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.40% of the stock is currently owned by insiders.
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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.
Further Reading: Understanding Options Trading
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