Strs Ohio Increases Stake in Capital One Financial Corp. (COF)

Strs Ohio lifted its position in Capital One Financial Corp. (NYSE:COF) by 6.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 435,801 shares of the financial services provider’s stock after acquiring an additional 27,273 shares during the period. Strs Ohio’s holdings in Capital One Financial were worth $35,600,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc increased its position in Capital One Financial by 1.2% during the 3rd quarter. Vanguard Group Inc now owns 34,504,061 shares of the financial services provider’s stock valued at $3,275,469,000 after buying an additional 406,610 shares in the last quarter. Amundi Pioneer Asset Management Inc. increased its position in Capital One Financial by 12.5% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 487,465 shares of the financial services provider’s stock valued at $2,302,814,000 after buying an additional 54,003 shares in the last quarter. Affinity Investment Advisors LLC bought a new position in Capital One Financial during the 4th quarter valued at approximately $9,167,000. Flinton Capital Management LLC increased its position in Capital One Financial by 342.3% during the 4th quarter. Flinton Capital Management LLC now owns 35,312 shares of the financial services provider’s stock valued at $2,669,000 after buying an additional 27,328 shares in the last quarter. Finally, Culbertson A N & Co. Inc. increased its position in Capital One Financial by 15.1% during the 1st quarter. Culbertson A N & Co. Inc. now owns 11,782 shares of the financial services provider’s stock valued at $962,000 after buying an additional 1,545 shares in the last quarter. 89.40% of the stock is owned by institutional investors.

A number of research firms recently weighed in on COF. Zacks Investment Research lowered Capital One Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. Nomura cut their target price on Capital One Financial to $90.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 23rd. CIBC reiterated a “market perform” rating on shares of Capital One Financial in a research note on Wednesday, January 23rd. Bank of America reiterated a “buy” rating and set a $106.00 target price (down from $120.00) on shares of Capital One Financial in a research note on Wednesday, January 23rd. Finally, Credit Suisse Group cut their target price on Capital One Financial from $109.00 to $102.00 and set a “positive” rating on the stock in a research note on Wednesday, January 23rd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $104.07.

In other news, insider Kleber Santos sold 2,928 shares of the firm’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of $84.54, for a total value of $247,533.12. Following the transaction, the insider now directly owns 19,454 shares in the company, valued at approximately $1,644,641.16. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.43% of the company’s stock.

Shares of COF opened at $88.11 on Friday. The company has a current ratio of 1.02, a quick ratio of 1.01 and a debt-to-equity ratio of 1.13. Capital One Financial Corp. has a 12 month low of $69.90 and a 12 month high of $101.26. The firm has a market cap of $41.35 billion, a price-to-earnings ratio of 8.10, a price-to-earnings-growth ratio of 0.87 and a beta of 1.26.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 22nd. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.41 by ($0.54). The firm had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $7.07 billion. Capital One Financial had a return on equity of 11.05% and a net margin of 18.58%. The business’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter last year, the business earned $1.59 earnings per share. On average, equities research analysts expect that Capital One Financial Corp. will post 11.07 earnings per share for the current year.

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Capital One Financial Company Profile

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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

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