Sawtooth Solutions LLC Boosts Stock Position in Capital One Financial Co. (NYSE:COF)

Sawtooth Solutions LLC grew its stake in shares of Capital One Financial Co. (NYSE:COF) by 21.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,374 shares of the financial services provider’s stock after acquiring an additional 427 shares during the period. Sawtooth Solutions LLC’s holdings in Capital One Financial were worth $385,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. BlackRock Inc. lifted its position in shares of Capital One Financial by 2.5% during the second quarter. BlackRock Inc. now owns 36,741,415 shares of the financial services provider’s stock worth $5,683,530,000 after acquiring an additional 902,651 shares in the last quarter. State Street Corp raised its position in shares of Capital One Financial by 0.6% in the second quarter. State Street Corp now owns 20,593,200 shares of the financial services provider’s stock worth $3,185,562,000 after buying an additional 124,873 shares in the last quarter. Bank of America Corp DE raised its position in shares of Capital One Financial by 27.8% in the second quarter. Bank of America Corp DE now owns 8,148,023 shares of the financial services provider’s stock worth $1,260,419,000 after buying an additional 1,771,101 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Capital One Financial by 6.5% in the second quarter. Geode Capital Management LLC now owns 7,476,054 shares of the financial services provider’s stock worth $1,153,123,000 after buying an additional 453,428 shares in the last quarter. Finally, Fisher Asset Management LLC raised its position in shares of Capital One Financial by 23.2% in the third quarter. Fisher Asset Management LLC now owns 4,945,156 shares of the financial services provider’s stock worth $800,967,000 after buying an additional 931,872 shares in the last quarter. Hedge funds and other institutional investors own 89.21% of the company’s stock.

A number of equities research analysts recently issued reports on the company. Robert W. Baird upgraded Capital One Financial from an “underperform” rating to a “neutral” rating and set a $145.00 price objective on the stock in a research report on Wednesday, December 1st. Credit Suisse Group increased their price objective on Capital One Financial from $184.00 to $190.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 27th. Zacks Investment Research downgraded Capital One Financial from a “buy” rating to a “hold” rating and set a $162.00 price objective on the stock. in a research report on Friday, November 5th. Edward Jones upgraded Capital One Financial from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. increased their price objective on Capital One Financial from $191.00 to $192.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 27th. Eight analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $185.46.

Shares of NYSE:COF opened at $160.56 on Friday. The stock’s 50-day moving average price is $149.98 and its 200-day moving average price is $158.37. Capital One Financial Co. has a 12-month low of $99.82 and a 12-month high of $177.95. The stock has a market capitalization of $68.34 billion, a P/E ratio of 6.00, a price-to-earnings-growth ratio of 0.39 and a beta of 1.65. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 0.58.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, October 26th. The financial services provider reported $6.86 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $5.22 by $1.64. Capital One Financial had a return on equity of 19.85% and a net margin of 39.92%. The firm had revenue of $7.83 billion for the quarter, compared to analysts’ expectations of $7.45 billion. During the same period last year, the firm earned $5.05 earnings per share. The company’s revenue for the quarter was up 6.1% compared to the same quarter last year. As a group, research analysts predict that Capital One Financial Co. will post 26.79 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 26th. Stockholders of record on Monday, November 15th were paid a dividend of $0.60 per share. The ex-dividend date was Friday, November 12th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.49%. Capital One Financial’s dividend payout ratio (DPR) is currently 8.96%.

Capital One Financial Company Profile

Capital One Financial Corp. operates as a financial holding company. The firm engages in the provision of financial products and services. It operates through the following segments: Credit Card, Consumer Banking and Commercial Banking. The Credit Card segment offers domestic consumer and small business card lending, and international card lending businesses.

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

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