Stifel Financial Corp lifted its stake in Capital One Financial Corp. (NYSE:COF) by 5.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 65,863 shares of the financial services provider’s stock after buying an additional 3,534 shares during the quarter. Stifel Financial Corp’s holdings in Capital One Financial were worth $4,986,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of the company. Prudential PLC raised its holdings in Capital One Financial by 89.7% in the 4th quarter. Prudential PLC now owns 5,451 shares of the financial services provider’s stock worth $412,000 after purchasing an additional 2,577 shares during the period. Natixis Advisors L.P. boosted its holdings in Capital One Financial by 11.7% during the fourth quarter. Natixis Advisors L.P. now owns 69,625 shares of the financial services provider’s stock worth $5,263,000 after buying an additional 7,304 shares in the last quarter. Flinton Capital Management LLC boosted its holdings in Capital One Financial by 342.3% during the fourth quarter. Flinton Capital Management LLC now owns 35,312 shares of the financial services provider’s stock worth $2,669,000 after buying an additional 27,328 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Capital One Financial by 1.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,456,455 shares of the financial services provider’s stock worth $336,847,000 after buying an additional 69,308 shares in the last quarter. Finally, United Services Automobile Association boosted its holdings in Capital One Financial by 11.6% during the fourth quarter. United Services Automobile Association now owns 307,111 shares of the financial services provider’s stock worth $23,215,000 after buying an additional 32,028 shares in the last quarter. Hedge funds and other institutional investors own 89.40% of the company’s stock.
In related news, insider Kleber Santos sold 2,928 shares of the firm’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of $84.54, for a total value of $247,533.12. Following the transaction, the insider now directly owns 19,454 shares in the company, valued at approximately $1,644,641.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.43% of the company’s stock.
Capital One Financial (NYSE:COF) last posted its 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 firm had revenue of $7.01 billion during the quarter, compared to analyst estimates of $7.07 billion. During the same quarter in the previous year, the business posted $1.59 earnings per share. The business’s quarterly revenue was up .2% compared to the same quarter last year. On average, equities research analysts predict that Capital One Financial Corp. will post 11.07 earnings per share for the current year.
A number of brokerages recently weighed in on COF. Zacks Investment Research cut shares of Capital One Financial from a “buy” rating to a “hold” rating in a report on Wednesday, April 3rd. CIBC reiterated a “market perform” rating on shares of Capital One Financial in a research report on Wednesday, January 23rd. Credit Suisse Group cut their target price on shares of Capital One Financial from $109.00 to $102.00 and set a “positive” rating for the company in a research report on Wednesday, January 23rd. Oppenheimer restated a “market perform” rating on shares of Capital One Financial in a report on Wednesday, January 23rd. Finally, Morgan Stanley cut their price target on shares of Capital One Financial from $107.00 to $100.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 8th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $104.07.
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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.
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