Capital One Financial Co. (NYSE:COF) Shares Purchased by Amalgamated Bank

Amalgamated Bank grew its holdings in shares of Capital One Financial Co. (NYSE:COF) by 1.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 98,569 shares of the financial services provider’s stock after purchasing an additional 1,805 shares during the period. Amalgamated Bank’s holdings in Capital One Financial were worth $12,924,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Comerica Bank raised its position in Capital One Financial by 158.7% in the third quarter. Comerica Bank now owns 87,852 shares of the financial services provider’s stock worth $8,526,000 after acquiring an additional 53,894 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Capital One Financial by 1.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,498,413 shares of the financial services provider’s stock valued at $242,471,000 after purchasing an additional 40,585 shares in the last quarter. First Trust Direct Indexing L.P. lifted its stake in shares of Capital One Financial by 14.3% in the fourth quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock valued at $1,667,000 after purchasing an additional 1,588 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Capital One Financial by 15.2% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 76,695 shares of the financial services provider’s stock worth $7,443,000 after buying an additional 10,107 shares in the last quarter. Finally, Rafferty Asset Management LLC grew its position in Capital One Financial by 4.3% during the third quarter. Rafferty Asset Management LLC now owns 131,964 shares of the financial services provider’s stock worth $12,807,000 after buying an additional 5,439 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on COF shares. Citigroup lifted their price target on shares of Capital One Financial from $152.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, February 23rd. Royal Bank of Canada boosted their target price on Capital One Financial from $142.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 21st. UBS Group raised their price target on Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, February 29th. BMO Capital Markets boosted their price objective on shares of Capital One Financial from $124.00 to $125.00 and gave the stock a “market perform” rating in a research report on Monday, January 29th. Finally, Wells Fargo & Company increased their price objective on shares of Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research note on Wednesday, April 10th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $138.50.

Capital One Financial Trading Up 0.4 %

Shares of COF stock traded up $0.60 during trading hours on Friday, hitting $142.41. 1,593,864 shares of the company were exchanged, compared to its average volume of 2,686,711. The firm has a fifty day moving average of $141.03 and a 200 day moving average of $127.24. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86. Capital One Financial Co. has a 1 year low of $83.93 and a 1 year high of $149.94. The firm has a market cap of $54.14 billion, a PE ratio of 11.15, a PEG ratio of 1.02 and a beta of 1.46.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing the consensus estimate of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The company had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. During the same period last year, the company posted $2.31 EPS. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. Analysts expect that Capital One Financial Co. will post 13.7 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Monday, May 13th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date is Friday, May 10th. Capital One Financial’s payout ratio is currently 18.79%.

Insider Buying and Selling at Capital One Financial

In other news, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the transaction, the insider now directly owns 10,246 shares in the company, valued at approximately $1,475,833.84. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.30% of the stock is owned by company insiders.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.