Edgemoor Investment Advisors Inc. raised its holdings in Capital One Financial Corp. (NYSE:COF) by 0.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 172,390 shares of the financial services provider’s stock after acquiring an additional 1,435 shares during the quarter. Capital One Financial makes up about 2.3% of Edgemoor Investment Advisors Inc.’s portfolio, making the stock its 12th largest holding. Edgemoor Investment Advisors Inc.’s holdings in Capital One Financial were worth $18,001,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Advisor Partners LLC increased its position in Capital One Financial by 5.3% in the 4th quarter. Advisor Partners LLC now owns 9,885 shares of the financial services provider’s stock valued at $1,032,000 after acquiring an additional 495 shares during the period. E&G Advisors LP increased its position in shares of Capital One Financial by 13.4% during the fourth quarter. E&G Advisors LP now owns 4,244 shares of the financial services provider’s stock worth $423,000 after buying an additional 500 shares during the period. Timber Creek Capital Management LLC increased its position in shares of Capital One Financial by 1.0% during the fourth quarter. Timber Creek Capital Management LLC now owns 51,500 shares of the financial services provider’s stock worth $5,128,000 after buying an additional 520 shares during the period. Kanawha Capital Management LLC increased its position in shares of Capital One Financial by 1.1% during the third quarter. Kanawha Capital Management LLC now owns 52,255 shares of the financial services provider’s stock worth $4,424,000 after buying an additional 590 shares during the period. Finally, Spinnaker Trust increased its position in shares of Capital One Financial by 2.0% during the third quarter. Spinnaker Trust now owns 32,041 shares of the financial services provider’s stock worth $2,712,000 after buying an additional 633 shares during the period. Hedge funds and other institutional investors own 88.87% of the company’s stock.

In other Capital One Financial news, insider Robert M. Alexander sold 5,000 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $92.18, for a total value of $460,900.00. Following the transaction, the insider now directly owns 89,603 shares of the company’s stock, valued at $8,259,604.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Richard D. Fairbank sold 485,202 shares of the firm’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $105.09, for a total transaction of $50,989,878.18. The disclosure for this sale can be found here. Insiders sold 954,948 shares of company stock worth $97,433,019 over the last ninety days. Insiders own 1.73% of the company’s stock.

Several equities research analysts have recently weighed in on the stock. BMO Capital Markets reiterated an “outperform” rating and set a $140.00 price objective on shares of Capital One Financial in a research report on Wednesday, January 24th. Morgan Stanley increased their price objective on shares of Capital One Financial from $110.00 to $111.00 and gave the stock an “equal weight” rating in a research report on Friday, February 2nd. Oppenheimer reiterated a “hold” rating on shares of Capital One Financial in a research report on Tuesday, October 24th. Credit Suisse Group increased their price objective on shares of Capital One Financial from $106.00 to $110.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 24th. Finally, Wells Fargo & Co reiterated an “outperform” rating and set a $117.00 price objective (up from $112.00) on shares of Capital One Financial in a research report on Wednesday, January 24th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $106.14.

Capital One Financial Corp. (NYSE:COF) opened at $92.02 on Friday. The stock has a market cap of $44,675.71, a price-to-earnings ratio of 26.67, a P/E/G ratio of 0.84 and a beta of 1.33. Capital One Financial Corp. has a 12 month low of $76.05 and a 12 month high of $106.50. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.07 and a current ratio of 1.08.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 23rd. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.85 by ($0.23). Capital One Financial had a return on equity of 8.36% and a net margin of 6.89%. The company had revenue of $7 billion for the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the prior year, the company earned $1.45 earnings per share. The firm’s revenue was up 6.6% compared to the same quarter last year. analysts predict that Capital One Financial Corp. will post 9.72 EPS for the current year.

Capital One Financial declared that its board has authorized a share repurchase plan on Tuesday, December 26th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Monday, February 12th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date is Friday, February 9th. Capital One Financial’s dividend payout ratio (DPR) is 46.38%.

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About Capital One Financial

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 (NYSE:COF)

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