Capital One Financial Corp. (COF) Shares Sold by American International Group Inc.

American International Group Inc. trimmed its holdings in Capital One Financial Corp. (NYSE:COF) by 1.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 179,647 shares of the financial services provider’s stock after selling 2,882 shares during the quarter. American International Group Inc.’s holdings in Capital One Financial were worth $14,675,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in COF. Oregon Public Employees Retirement Fund raised its holdings in shares of Capital One Financial by 7,526.3% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 11,906,861 shares of the financial services provider’s stock valued at $158,000 after buying an additional 11,750,732 shares during the last quarter. Norges Bank bought a new position in shares of Capital One Financial in the fourth quarter valued at about $305,543,000. Epoch Investment Partners Inc. raised its holdings in Capital One Financial by 119.9% during the 4th quarter. Epoch Investment Partners Inc. now owns 1,658,839 shares of the financial services provider’s stock worth $125,392,000 after purchasing an additional 904,336 shares during the last quarter. Millennium Management LLC raised its holdings in Capital One Financial by 66.6% during the 4th quarter. Millennium Management LLC now owns 2,072,827 shares of the financial services provider’s stock worth $156,685,000 after purchasing an additional 828,766 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in Capital One Financial by 11.7% during the 4th quarter. Northern Trust Corp now owns 6,227,214 shares of the financial services provider’s stock worth $470,714,000 after purchasing an additional 650,126 shares during the last quarter. 89.20% of the stock is owned by institutional investors and hedge funds.

Shares of COF stock opened at $89.38 on Thursday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.00 and a quick ratio of 0.99. The stock has a market capitalization of $41.11 billion, a PE ratio of 8.22, a P/E/G ratio of 0.88 and a beta of 1.30. Capital One Financial Corp. has a one year low of $69.90 and a one year high of $101.26.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, April 25th. The financial services provider reported $2.90 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.22. The company had revenue of $7.08 billion during the quarter, compared to analysts’ expectations of $7.03 billion. Capital One Financial had a return on equity of 10.95% and a net margin of 18.47%. Capital One Financial’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.62 EPS. As a group, sell-side analysts expect that Capital One Financial Corp. will post 11.08 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 23rd. Stockholders of record on Monday, May 13th will be paid a $0.40 dividend. The ex-dividend date is Friday, May 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.79%. Capital One Financial’s dividend payout ratio (DPR) is presently 14.71%.

Several brokerages have weighed in on COF. ValuEngine raised Capital One Financial from a “sell” rating to a “hold” rating in a report on Friday, April 26th. Royal Bank of Canada reissued a “sector perform” rating and set a $98.00 price objective on shares of Capital One Financial in a report on Friday, May 3rd. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $95.00 to $115.00 in a report on Tuesday. Zacks Investment Research cut Capital One Financial from a “buy” rating to a “hold” rating in a report on Wednesday, April 3rd. Finally, William Blair reissued a “market perform” rating on shares of Capital One Financial in a report on Wednesday, January 16th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $104.35.

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

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Capital One Financial 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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