SeaCrest Wealth Management LLC purchased a new position in Capital One Financial Corp. (NYSE:COF) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,420 shares of the financial services provider’s stock, valued at approximately $141,000.

Several other hedge funds and other institutional investors have also modified their holdings of COF. Davis Selected Advisers grew its stake in Capital One Financial by 43.7% in the third quarter. Davis Selected Advisers now owns 11,581,237 shares of the financial services provider’s stock worth $980,149,000 after purchasing an additional 3,519,332 shares in the last quarter. APG Asset Management N.V. grew its stake in Capital One Financial by 1,256.0% in the fourth quarter. APG Asset Management N.V. now owns 1,851,401 shares of the financial services provider’s stock worth $153,533,000 after purchasing an additional 1,714,867 shares in the last quarter. Point72 Asset Management L.P. grew its stake in Capital One Financial by 229.4% in the third quarter. Point72 Asset Management L.P. now owns 1,647,291 shares of the financial services provider’s stock worth $139,460,000 after purchasing an additional 1,147,191 shares in the last quarter. Cornerstone Investment Partners LLC grew its stake in Capital One Financial by 87.9% in the fourth quarter. Cornerstone Investment Partners LLC now owns 2,045,312 shares of the financial services provider’s stock worth $203,672,000 after purchasing an additional 956,815 shares in the last quarter. Finally, Bank of Montreal Can grew its stake in Capital One Financial by 289.9% in the fourth quarter. Bank of Montreal Can now owns 1,202,241 shares of the financial services provider’s stock worth $119,721,000 after purchasing an additional 893,928 shares in the last quarter. Hedge funds and other institutional investors own 89.16% of the company’s stock.

Shares of Capital One Financial Corp. (COF) opened at $97.38 on Thursday. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $46,273.00, a price-to-earnings ratio of 12.30, a price-to-earnings-growth ratio of 0.87 and a beta of 1.33. Capital One Financial Corp. has a 52-week low of $76.05 and a 52-week high of $106.50.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Monday, February 12th will be given a $0.40 dividend. The ex-dividend date is Friday, February 9th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.64%. Capital One Financial’s payout ratio is 46.38%.

Capital One Financial announced that its board has authorized a share buyback program on Tuesday, December 26th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Several brokerages recently issued reports on COF. Credit Suisse Group reissued a “neutral” rating on shares of Capital One Financial in a research note on Wednesday, December 27th. Piper Jaffray Companies reissued a “sell” rating and issued a $81.00 price objective on shares of Capital One Financial in a research note on Friday, October 27th. BMO Capital Markets increased their price objective on Capital One Financial from $116.00 to $118.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. Compass Point raised Capital One Financial from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $99.52 to $122.00 in a research note on Friday, December 22nd. Finally, Wedbush raised Capital One Financial from an “underperform” rating to a “neutral” rating and set a $80.00 price objective on the stock in a research note on Wednesday, October 25th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have issued a buy rating to the company. Capital One Financial currently has a consensus rating of “Hold” and an average target price of $106.14.

In other news, CEO Richard D. Fairbank sold 485,202 shares of the firm’s stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $105.09, for a total value of $50,989,878.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Yajnik Sanjiv sold 156,278 shares of the firm’s stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $100.00, for a total value of $15,627,800.00. Following the completion of the sale, the insider now directly owns 199,216 shares of the company’s stock, valued at approximately $19,921,600. The disclosure for this sale can be found here. Insiders sold a total of 954,948 shares of company stock valued at $97,433,019 in the last three months. Insiders own 1.73% of the company’s stock.

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Capital One Financial 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.

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

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