Capital One Financial Corporation (COF) Shares Bought by Rhumbline Advisers

Rhumbline Advisers increased its position in Capital One Financial Corporation (NYSE:COF) by 0.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 831,163 shares of the financial services provider’s stock after acquiring an additional 4,862 shares during the period. Rhumbline Advisers owned about 0.17% of Capital One Financial Corporation worth $70,366,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Advisor Group Inc. grew its holdings in shares of Capital One Financial Corporation by 7.7% in the third quarter. Advisor Group Inc. now owns 11,231 shares of the financial services provider’s stock worth $951,000 after acquiring an additional 801 shares during the period. Toronto Dominion Bank grew its holdings in Capital One Financial Corporation by 49.2% during the third quarter. Toronto Dominion Bank now owns 190,754 shares of the financial services provider’s stock valued at $16,148,000 after purchasing an additional 62,865 shares during the period. New York State Common Retirement Fund grew its holdings in Capital One Financial Corporation by 0.3% during the third quarter. New York State Common Retirement Fund now owns 1,529,700 shares of the financial services provider’s stock valued at $129,504,000 after purchasing an additional 4,600 shares during the period. Jarislowsky Fraser Ltd grew its holdings in Capital One Financial Corporation by 3.4% during the third quarter. Jarislowsky Fraser Ltd now owns 36,511 shares of the financial services provider’s stock valued at $3,091,000 after purchasing an additional 1,185 shares during the period. Finally, Sei Investments Co. grew its holdings in Capital One Financial Corporation by 18.1% during the third quarter. Sei Investments Co. now owns 436,859 shares of the financial services provider’s stock valued at $36,984,000 after purchasing an additional 66,807 shares during the period. 87.17% of the stock is owned by institutional investors.

Shares of Capital One Financial Corporation (COF) traded down $0.20 on Monday, hitting $86.95. The stock had a trading volume of 2,036,432 shares, compared to its average volume of 2,643,075. Capital One Financial Corporation has a 12-month low of $76.05 and a 12-month high of $96.92. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.06 and a current ratio of 1.07. The stock has a market cap of $42,245.46, a price-to-earnings ratio of 11.50, a PEG ratio of 1.30 and a beta of 1.30.

Capital One Financial Corporation (NYSE:COF) last issued its earnings results on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.15 by $0.27. The company had revenue of $6.99 billion during the quarter, compared to analyst estimates of $6.81 billion. Capital One Financial Corporation had a return on equity of 8.25% and a net margin of 13.34%. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the business posted $2.03 EPS. research analysts forecast that Capital One Financial Corporation will post 7.94 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Monday, November 13th will be paid a $0.40 dividend. The ex-dividend date is Friday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 1.84%. Capital One Financial Corporation’s dividend payout ratio (DPR) is 22.63%.

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In related news, Director Ann F. Hackett sold 11,055 shares of the firm’s stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $91.18, for a total value of $1,007,994.90. Following the completion of the transaction, the director now owns 69,066 shares in the company, valued at approximately $6,297,437.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael Slocum sold 8,292 shares of the firm’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $91.99, for a total value of $762,781.08. Following the completion of the transaction, the insider now owns 53,613 shares of the company’s stock, valued at approximately $4,931,859.87. The disclosure for this sale can be found here. Insiders sold a total of 43,514 shares of company stock valued at $4,011,299 in the last 90 days. 1.73% of the stock is currently owned by company insiders.

Several analysts have issued reports on the company. Compass Point assumed coverage on Capital One Financial Corporation in a report on Thursday, August 10th. They set a “neutral” rating and a $90.00 price target for the company. Keefe, Bruyette & Woods set a $106.00 price objective on Capital One Financial Corporation and gave the company a “buy” rating in a research report on Tuesday, August 15th. BidaskClub downgraded Capital One Financial Corporation from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Zacks Investment Research upgraded Capital One Financial Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, July 27th. Finally, Buckingham Research began coverage on Capital One Financial Corporation in a research report on Monday, October 2nd. They issued a “buy” rating and a $99.00 price objective on the stock. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $95.00.

About Capital One Financial Corporation

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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

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