Bleakley Financial Group LLC Buys 367 Shares of Capital One Financial Co. (NYSE:COF)

Bleakley Financial Group LLC grew its stake in Capital One Financial Co. (NYSE:COF) by 4.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,789 shares of the financial services provider’s stock after acquiring an additional 367 shares during the quarter. Bleakley Financial Group LLC’s holdings in Capital One Financial were worth $1,389,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Mather Group LLC. boosted its position in shares of Capital One Financial by 37.9% during the third quarter. Mather Group LLC. now owns 1,106 shares of the financial services provider’s stock worth $166,000 after purchasing an additional 304 shares in the last quarter. Brookstone Capital Management raised its stake in Capital One Financial by 4.1% during the 3rd quarter. Brookstone Capital Management now owns 4,354 shares of the financial services provider’s stock worth $652,000 after buying an additional 173 shares during the period. CWM LLC lifted its holdings in Capital One Financial by 10.5% during the third quarter. CWM LLC now owns 8,420 shares of the financial services provider’s stock worth $1,261,000 after acquiring an additional 801 shares in the last quarter. Wedmont Private Capital grew its stake in Capital One Financial by 1.5% in the third quarter. Wedmont Private Capital now owns 5,444 shares of the financial services provider’s stock valued at $828,000 after acquiring an additional 82 shares during the period. Finally, Tobam increased its holdings in shares of Capital One Financial by 116.6% in the third quarter. Tobam now owns 1,449 shares of the financial services provider’s stock worth $217,000 after acquiring an additional 780 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Down 1.7 %

COF stock opened at $203.13 on Friday. The business’s fifty day moving average price is $188.08 and its two-hundred day moving average price is $166.17. The stock has a market capitalization of $77.44 billion, a price-to-earnings ratio of 17.53, a PEG ratio of 1.24 and a beta of 1.47. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $208.63. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period last year, the firm earned $2.81 earnings per share. Capital One Financial’s revenue for the quarter was up 7.2% compared to the same quarter last year. On average, equities analysts anticipate that Capital One Financial Co. will post 15.44 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. Capital One Financial’s dividend payout ratio (DPR) is currently 20.71%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on COF. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Barclays raised their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price for the company in a research note on Tuesday, January 14th. Finally, Royal Bank of Canada boosted their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. Nine equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $196.31.

Insiders Place Their Bets

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Profile

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.