Raymond James Financial Services Advisors Inc. boosted its holdings in Capital One Financial Corp. (NYSE:COF) by 6.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 69,258 shares of the financial services provider’s stock after purchasing an additional 4,141 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Capital One Financial were worth $5,658,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Van ECK Associates Corp grew its holdings in shares of Capital One Financial by 2.0% during the fourth quarter. Van ECK Associates Corp now owns 6,868 shares of the financial services provider’s stock valued at $519,000 after buying an additional 132 shares during the last quarter. Tufton Capital Management grew its holdings in shares of Capital One Financial by 0.8% during the first quarter. Tufton Capital Management now owns 17,607 shares of the financial services provider’s stock valued at $1,438,000 after buying an additional 136 shares during the last quarter. Investment Counselors of Maryland LLC grew its holdings in shares of Capital One Financial by 0.7% during the fourth quarter. Investment Counselors of Maryland LLC now owns 22,824 shares of the financial services provider’s stock valued at $1,725,000 after buying an additional 150 shares during the last quarter. Sky Investment Group LLC grew its holdings in shares of Capital One Financial by 4.6% during the fourth quarter. Sky Investment Group LLC now owns 3,746 shares of the financial services provider’s stock valued at $283,000 after buying an additional 166 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its holdings in shares of Capital One Financial by 78.6% during the first quarter. Parkside Financial Bank & Trust now owns 384 shares of the financial services provider’s stock valued at $31,000 after buying an additional 169 shares during the last quarter. Institutional investors and hedge funds own 88.25% of the company’s stock.

Shares of COF stock opened at $89.25 on Friday. Capital One Financial Corp. has a 12-month low of $69.90 and a 12-month high of $101.26. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.99 and a current ratio of 1.00. The company has a market capitalization of $42.25 billion, a P/E ratio of 8.20, a P/E/G ratio of 0.92 and a beta of 1.30.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, April 25th. The financial services provider reported $2.90 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.68 by $0.22. Capital One Financial had a net margin of 18.47% and a return on equity of 10.95%. The company had revenue of $7.08 billion for the quarter, compared to analysts’ expectations of $7.03 billion. During the same quarter last year, the company posted $2.62 earnings per share. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. As a group, equities analysts predict that Capital One Financial Corp. will post 11.09 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, May 23rd. Investors of record on Monday, May 13th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.79%. The ex-dividend date was Friday, May 10th. Capital One Financial’s dividend payout ratio is currently 14.71%.

In related news, insider Kleber Santos sold 2,928 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $84.54, for a total value of $247,533.12. Following the sale, the insider now owns 19,454 shares in the company, valued at $1,644,641.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.43% of the company’s stock.

COF has been the topic of a number of recent analyst reports. ValuEngine upgraded shares of Capital One Financial from a “sell” rating to a “hold” rating in a report on Friday, April 26th. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and increased their price target for the company from $95.00 to $115.00 in a report on Tuesday, May 14th. Royal Bank of Canada reiterated a “sector perform” rating and set a $98.00 price target on shares of Capital One Financial in a report on Friday, May 3rd. Finally, Zacks Investment Research upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $91.00 price target on the stock in a report on Monday, April 1st. One analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company. Capital One Financial currently has a consensus rating of “Buy” and an average price target of $104.35.

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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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