Parametric Portfolio Associates LLC Has $163.33 Million Position in Capital One Financial Corp. (COF)

Parametric Portfolio Associates LLC lifted its stake in shares of Capital One Financial Corp. (NYSE:COF) by 3.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,999,416 shares of the financial services provider’s stock after acquiring an additional 62,063 shares during the period. Parametric Portfolio Associates LLC’s holdings in Capital One Financial were worth $163,332,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of COF. Vanguard Group Inc raised its holdings in 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 last quarter. Strs Ohio raised its holdings in Capital One Financial by 0.9% in the fourth quarter. Strs Ohio now owns 408,528 shares of the financial services provider’s stock worth $30,880,000 after buying an additional 3,716 shares during the last quarter. IFM Investors Pty Ltd raised its holdings in Capital One Financial by 8.3% in the fourth quarter. IFM Investors Pty Ltd now owns 27,879 shares of the financial services provider’s stock worth $2,107,000 after buying an additional 2,144 shares during the last quarter. K.J. Harrison & Partners Inc raised its holdings in Capital One Financial by 62.5% in the fourth quarter. K.J. Harrison & Partners Inc now owns 6,500 shares of the financial services provider’s stock worth $491,000 after buying an additional 2,500 shares during the last quarter. Finally, Newman Dignan & Sheerar Inc. raised its holdings in Capital One Financial by 3.2% in the fourth quarter. Newman Dignan & Sheerar Inc. now owns 12,424 shares of the financial services provider’s stock worth $9,399,000 after buying an additional 385 shares during the last quarter. 88.25% of the stock is currently owned by institutional investors and hedge funds.

COF opened at $90.32 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.00 and a quick ratio of 0.99. Capital One Financial Corp. has a twelve month low of $69.90 and a twelve month high of $101.26. The company has a market cap of $42.42 billion, a PE ratio of 8.30, a P/E/G ratio of 0.92 and a beta of 1.30.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, April 25th. The financial services provider reported $2.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.22. The company had revenue of $7.08 billion during the quarter, compared to analyst estimates of $7.03 billion. Capital One Financial had a net margin of 18.47% and a return on equity of 10.95%. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the business posted $2.62 earnings per share. As a group, research analysts predict that Capital One Financial Corp. will post 11.09 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 23rd. Investors of record on Monday, May 13th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, May 10th. This represents a $1.60 annualized dividend and a yield of 1.77%. Capital One Financial’s dividend payout ratio (DPR) is 14.71%.

Several research analysts have issued reports on the stock. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their target price for the stock from $95.00 to $115.00 in a report on Tuesday, May 14th. Royal Bank of Canada reissued a “sector perform” rating and set a $98.00 price objective on shares of Capital One Financial in a report on Friday, May 3rd. ValuEngine raised shares of Capital One Financial from a “sell” rating to a “hold” rating in a report on Friday, April 26th. Finally, Zacks Investment Research cut shares of Capital One Financial from a “buy” rating to a “hold” rating in a report on Wednesday, April 3rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $104.35.

In related news, insider Kleber Santos sold 2,928 shares of the business’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $84.54, for a total transaction of $247,533.12. Following the completion of the sale, the insider now directly owns 19,454 shares in the company, valued at $1,644,641.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.43% of the company’s stock.

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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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