Blume Capital Management Inc. boosted its holdings in shares of Capital One Financial Corp. (NYSE:COF) by 10.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 62,675 shares of the financial services provider’s stock after buying an additional 5,850 shares during the period. Capital One Financial makes up about 2.7% of Blume Capital Management Inc.’s holdings, making the stock its 11th largest holding. Blume Capital Management Inc.’s holdings in Capital One Financial were worth $4,738,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of COF. Vanguard Group Inc increased its holdings in shares of Capital One Financial by 1.2% in the third quarter. Vanguard Group Inc now owns 34,504,061 shares of the financial services provider’s stock worth $3,275,469,000 after buying an additional 406,610 shares during the period. Norinchukin Bank The increased its holdings in shares of Capital One Financial by 11.7% in the third quarter. Norinchukin Bank The now owns 33,846 shares of the financial services provider’s stock worth $3,213,000 after buying an additional 3,548 shares during the period. Quantbot Technologies LP purchased a new position in shares of Capital One Financial in the third quarter worth about $5,587,000. American National Bank increased its holdings in shares of Capital One Financial by 26.7% in the fourth quarter. American National Bank now owns 57,798 shares of the financial services provider’s stock worth $4,369,000 after buying an additional 12,163 shares during the period. Finally, Montag A & Associates Inc. increased its holdings in shares of Capital One Financial by 60.2% in the third quarter. Montag A & Associates Inc. now owns 25,489 shares of the financial services provider’s stock worth $2,420,000 after buying an additional 9,580 shares during the period. 90.58% of the stock is owned by institutional investors.
Shares of NYSE:COF opened at $78.04 on Tuesday. Capital One Financial Corp. has a 1 year low of $69.90 and a 1 year high of $101.67. The stock has a market cap of $36.86 billion, a P/E ratio of 7.17, a price-to-earnings-growth ratio of 0.85 and a beta of 1.26. The company has a current ratio of 1.02, a quick ratio of 1.01 and a debt-to-equity ratio of 1.13.
Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 22nd. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.41 by ($0.54). Capital One Financial had a net margin of 18.58% and a return on equity of 11.05%. The business had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $7.07 billion. During the same quarter in the prior year, the firm earned $1.59 EPS. The firm’s revenue for the quarter was up .2% on a year-over-year basis. On average, analysts expect that Capital One Financial Corp. will post 11.11 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, February 22nd. Shareholders of record on Monday, February 11th will be issued a dividend of $0.40 per share. The ex-dividend date is Friday, February 8th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.05%. Capital One Financial’s dividend payout ratio (DPR) is 14.71%.
Several research firms have recently commented on COF. Citigroup decreased their price objective on Capital One Financial from $110.00 to $105.00 and set a “buy” rating on the stock in a report on Thursday, November 1st. ValuEngine downgraded Capital One Financial from a “hold” rating to a “sell” rating in a report on Monday, October 22nd. BMO Capital Markets lifted their price objective on Capital One Financial from $135.00 to $146.00 and gave the stock an “outperform” rating in a report on Wednesday, October 24th. JPMorgan Chase & Co. decreased their price objective on Capital One Financial from $113.00 to $107.00 and set an “overweight” rating on the stock in a report on Wednesday, October 24th. Finally, Zacks Investment Research downgraded Capital One Financial from a “buy” rating to a “hold” rating in a report on Monday, November 19th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $104.31.
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Capital One Financial Company 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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