Oppenheimer Asset Management Inc. Has $2 Million Holdings in Capital One Financial Corporation (COF)

Oppenheimer Asset Management Inc. raised its position in Capital One Financial Corporation (NYSE:COF) by 9.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,569 shares of the financial services provider’s stock after buying an additional 2,011 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Capital One Financial were worth $1,995,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. BB&T Investment Services Inc. purchased a new position in Capital One Financial in the 2nd quarter valued at about $108,000. Seven Eight Capital LP boosted its position in Capital One Financial by 16.7% in the 2nd quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock valued at $116,000 after buying an additional 200 shares during the last quarter. Bronfman E.L. Rothschild L.P. boosted its position in Capital One Financial by 47.1% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,652 shares of the financial services provider’s stock valued at $137,000 after buying an additional 529 shares during the last quarter. Archford Capital Strategies LLC boosted its position in Capital One Financial by 8,078.3% in the 2nd quarter. Archford Capital Strategies LLC now owns 4,907 shares of the financial services provider’s stock valued at $140,000 after buying an additional 4,847 shares during the last quarter. Finally, Westside Investment Management Inc. boosted its position in Capital One Financial by 48.0% in the 2nd quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock valued at $143,000 after buying an additional 566 shares during the last quarter. 88.43% of the stock is owned by institutional investors.

In other Capital One Financial news, insider Robert M. Alexander sold 76,354 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $94.84, for a total value of $7,241,413.36. Following the sale, the insider now owns 89,603 shares in the company, valued at $8,497,948.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mayo A. Shattuck III sold 24,167 shares of the firm’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $92.71, for a total transaction of $2,240,522.57. Following the completion of the sale, the director now owns 59,613 shares in the company, valued at approximately $5,526,721.23. The disclosure for this sale can be found here. In the last quarter, insiders have sold 131,868 shares of company stock worth $12,378,192. 1.73% of the stock is owned by company insiders.

Several equities analysts have recently commented on the stock. BMO Capital Markets reaffirmed a “buy” rating and set a $116.00 price target on shares of Capital One Financial in a research report on Friday, October 6th. Wells Fargo & Company assumed coverage on shares of Capital One Financial in a research report on Tuesday, October 10th. They set an “outperform” rating and a $96.00 price target on the stock. Piper Jaffray Companies assumed coverage on shares of Capital One Financial in a research report on Thursday, September 21st. They set an “underweight” rating and a $81.00 price target on the stock. Wedbush raised shares of Capital One Financial from an “underperform” rating to a “neutral” rating and set a $80.00 price target on the stock in a research report on Wednesday, October 25th. Finally, Zacks Investment Research raised shares of Capital One Financial from a “sell” rating to a “hold” rating in a research report on Monday, October 9th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $96.24.

Capital One Financial Corporation (NYSE:COF) traded up $0.18 on Tuesday, reaching $95.97. 1,404,300 shares of the company traded hands, compared to its average volume of 2,598,892. The firm has a market capitalization of $46,433.65, a price-to-earnings ratio of 12.64, a price-to-earnings-growth ratio of 1.43 and a beta of 1.28. Capital One Financial Corporation has a 52-week low of $76.05 and a 52-week high of $96.92. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 1.17.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.27. The firm had revenue of $6.99 billion for the quarter, compared to analyst estimates of $6.81 billion. Capital One Financial had a net margin of 13.34% and a return on equity of 8.25%. Capital One Financial’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.03 earnings per share. equities analysts anticipate that Capital One Financial Corporation will post 7.97 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 24th. Investors of record on Monday, November 13th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, November 10th. This represents a $1.60 annualized dividend and a yield of 1.67%. Capital One Financial’s dividend payout ratio (DPR) is 22.63%.

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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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