1,743 Shares in Capital One Financial Co. (NYSE:COF) Acquired by Carnegie Capital Asset Management LLC

Carnegie Capital Asset Management LLC acquired a new position in shares of Capital One Financial Co. (NYSE:COF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,743 shares of the financial services provider’s stock, valued at approximately $229,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Comerica Bank boosted its stake in Capital One Financial by 158.7% during the third quarter. Comerica Bank now owns 87,852 shares of the financial services provider’s stock worth $8,526,000 after buying an additional 53,894 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Capital One Financial by 1.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,498,413 shares of the financial services provider’s stock valued at $242,471,000 after purchasing an additional 40,585 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Capital One Financial by 15.2% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 76,695 shares of the financial services provider’s stock valued at $7,443,000 after purchasing an additional 10,107 shares during the last quarter. Rafferty Asset Management LLC lifted its stake in shares of Capital One Financial by 4.3% in the 3rd quarter. Rafferty Asset Management LLC now owns 131,964 shares of the financial services provider’s stock valued at $12,807,000 after purchasing an additional 5,439 shares during the last quarter. Finally, Mariner LLC lifted its stake in shares of Capital One Financial by 3.5% in the 3rd quarter. Mariner LLC now owns 65,596 shares of the financial services provider’s stock valued at $6,366,000 after purchasing an additional 2,228 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their price target on Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a research note on Wednesday, April 3rd. Citigroup upped their price target on Capital One Financial from $152.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. Robert W. Baird lowered Capital One Financial from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $150.00 to $145.00 in a research note on Monday, January 8th. Royal Bank of Canada boosted their price objective on Capital One Financial from $142.00 to $150.00 and gave the company a “sector perform” rating in a report on Wednesday, February 21st. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Capital One Financial in a report on Wednesday, January 10th. They issued a “hold” rating and a $153.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Capital One Financial currently has a consensus rating of “Hold” and a consensus price target of $137.05.

Capital One Financial Trading Up 0.2 %

COF opened at $136.73 on Thursday. Capital One Financial Co. has a one year low of $83.93 and a one year high of $149.27. The company has a market cap of $52.01 billion, a P/E ratio of 11.44, a PEG ratio of 1.00 and a beta of 1.48. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01. The business’s 50-day simple moving average is $139.06 and its 200-day simple moving average is $123.61.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 EPS for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. The business had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.45 billion. As a group, equities research analysts expect that Capital One Financial Co. will post 13.84 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were issued a $0.60 dividend. The ex-dividend date was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.76%. Capital One Financial’s payout ratio is currently 20.08%.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.