Bank of Montreal Can Decreases Holdings in Capital One Financial Corp. (COF)

Bank of Montreal Can reduced its stake in shares of Capital One Financial Corp. (NYSE:COF) by 2.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,993,317 shares of the financial services provider’s stock after selling 40,959 shares during the period. Bank of Montreal Can owned approximately 0.42% of Capital One Financial worth $150,676,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of COF. Lavaca Capital LLC bought a new stake in Capital One Financial during the fourth quarter worth about $40,000. Legacy Financial Advisors Inc. raised its holdings in shares of Capital One Financial by 159.5% during the fourth quarter. Legacy Financial Advisors Inc. now owns 680 shares of the financial services provider’s stock valued at $51,000 after purchasing an additional 418 shares during the last quarter. Cornerstone Advisors Inc. raised its holdings in shares of Capital One Financial by 192.0% during the third quarter. Cornerstone Advisors Inc. now owns 587 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 386 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Capital One Financial by 13.7% during the fourth quarter. Quadrant Capital Group LLC now owns 1,818 shares of the financial services provider’s stock valued at $125,000 after purchasing an additional 219 shares during the last quarter. Finally, Stratos Wealth Partners LTD. purchased a new position in shares of Capital One Financial during the third quarter valued at approximately $130,000. Institutional investors own 90.58% of the company’s stock.

Several research analysts have recently weighed in on COF shares. ValuEngine cut shares of Capital One Financial from a “hold” rating to a “sell” rating in a report on Monday, October 22nd. Oppenheimer set a $101.00 price objective on shares of Capital One Financial and gave the stock a “buy” rating in a research note on Tuesday, October 23rd. BMO Capital Markets increased their price objective on shares of Capital One Financial from $135.00 to $146.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 24th. JPMorgan Chase & Co. dropped their target price on shares of Capital One Financial from $113.00 to $107.00 and set an “overweight” rating for the company in a research report on Wednesday, October 24th. Finally, Nomura dropped their target price on shares of Capital One Financial from $109.00 to $98.00 and set a “neutral” rating for the company in a research report on Wednesday, October 24th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $104.31.

Shares of COF opened at $79.99 on Thursday. Capital One Financial Corp. has a twelve month low of $69.90 and a twelve month high of $101.67. The firm has a market capitalization of $37.79 billion, a PE ratio of 7.35, a PEG 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 posted its quarterly earnings results on Tuesday, January 22nd. The financial services provider reported $1.87 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.41 by ($0.54). The company had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $7.07 billion. Capital One Financial had a return on equity of 11.05% and a net margin of 18.58%. The company’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the prior year, the business earned $1.59 EPS. On average, equities research analysts predict that Capital One Financial Corp. will post 11.11 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, February 22nd. Investors of record on Monday, February 11th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Friday, February 8th. Capital One Financial’s dividend payout ratio is presently 14.71%.

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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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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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