Oak Associates Ltd. OH Has $8.36 Million Holdings in Capital One Financial Corporation (COF)

Oak Associates Ltd. OH grew its position in shares of Capital One Financial Corporation (NYSE:COF) by 4.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 98,750 shares of the financial services provider’s stock after purchasing an additional 4,460 shares during the quarter. Oak Associates Ltd. OH’s holdings in Capital One Financial Corporation were worth $8,360,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Capital World Investors grew its position in shares of Capital One Financial Corporation by 2.3% during the 2nd quarter. Capital World Investors now owns 38,396,005 shares of the financial services provider’s stock worth $3,172,278,000 after buying an additional 849,047 shares during the period. Vanguard Group Inc. grew its position in shares of Capital One Financial Corporation by 1.1% during the 2nd quarter. Vanguard Group Inc. now owns 31,789,748 shares of the financial services provider’s stock worth $2,626,469,000 after buying an additional 335,574 shares during the period. Franklin Resources Inc. grew its position in shares of Capital One Financial Corporation by 2.4% during the 2nd quarter. Franklin Resources Inc. now owns 13,739,126 shares of the financial services provider’s stock worth $1,135,064,000 after buying an additional 322,243 shares during the period. Harris Associates L P grew its position in shares of Capital One Financial Corporation by 7.9% during the 2nd quarter. Harris Associates L P now owns 8,063,205 shares of the financial services provider’s stock worth $666,182,000 after buying an additional 588,664 shares during the period. Finally, Davis Selected Advisers grew its position in shares of Capital One Financial Corporation by 112.8% during the 2nd quarter. Davis Selected Advisers now owns 8,061,905 shares of the financial services provider’s stock worth $666,075,000 after buying an additional 4,274,053 shares during the period. 87.17% of the stock is owned by institutional investors.

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Several brokerages have recently commented on COF. BMO Capital Markets reaffirmed a “buy” rating and set a $116.00 price objective on shares of Capital One Financial Corporation in a research report on Friday, October 6th. Wells Fargo & Company began coverage on shares of Capital One Financial Corporation in a research report on Tuesday, October 10th. They set an “outperform” rating and a $96.00 price objective for the company. Compass Point began coverage on shares of Capital One Financial Corporation in a research report on Thursday, August 10th. They set a “neutral” rating and a $90.00 price objective for the company. Piper Jaffray Companies began coverage on shares of Capital One Financial Corporation in a research report on Thursday, September 21st. They set an “underweight” rating and a $81.00 price objective for the company. Finally, Wedbush raised shares of Capital One Financial Corporation from an “underperform” rating to a “neutral” rating and set a $80.00 price objective for the company in a research report on Wednesday, October 25th. Three investment 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. Capital One Financial Corporation currently has a consensus rating of “Hold” and a consensus target price of $95.52.

In other news, Director Mayo A. Shattuck III sold 24,167 shares of Capital One Financial Corporation stock in a transaction on Friday, October 27th. The stock was sold at an average price of $92.71, for a total transaction of $2,240,522.57. Following the sale, the director now directly owns 59,613 shares in the company, valued at approximately $5,526,721.23. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael Slocum sold 8,292 shares of Capital One Financial Corporation 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 sale, the insider now owns 53,613 shares in the company, valued at $4,931,859.87. The disclosure for this sale can be found here. Insiders have sold a total of 43,514 shares of company stock worth $4,011,299 over the last quarter. Company insiders own 1.73% of the company’s stock.

Capital One Financial Corporation (NYSE COF) traded up $1.84 during midday trading on Wednesday, hitting $87.84. The stock had a trading volume of 1,558,082 shares, compared to its average volume of 2,645,137. The company has a market cap of $41,690.00, a PE ratio of 11.47, a price-to-earnings-growth ratio of 1.30 and a beta of 1.30. Capital One Financial Corporation has a 12 month low of $76.05 and a 12 month high of $96.92. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 1.17.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Stockholders of record on Monday, November 13th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date of this dividend is Friday, November 10th. Capital One Financial Corporation’s payout ratio is 22.44%.

Capital One Financial Corporation Company Profile

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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