Quantitative Systematic Strategies LLC Acquires 11,338 Shares of Capital One Financial Corp. (COF)

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Quantitative Systematic Strategies LLC increased its holdings in shares of Capital One Financial Corp. (NYSE:COF) by 49.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 34,476 shares of the financial services provider’s stock after purchasing an additional 11,338 shares during the period. Quantitative Systematic Strategies LLC’s holdings in Capital One Financial were worth $2,816,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in COF. Oregon Public Employees Retirement Fund boosted its stake in 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 acquiring an additional 11,750,732 shares in the last quarter. Norges Bank acquired a new stake in Capital One Financial in the fourth quarter valued at approximately $305,543,000. Epoch Investment Partners Inc. boosted its stake in Capital One Financial by 119.9% in the fourth quarter. Epoch Investment Partners Inc. now owns 1,658,839 shares of the financial services provider’s stock valued at $125,392,000 after acquiring an additional 904,336 shares in the last quarter. Rehmann Capital Advisory Group boosted its stake in Capital One Financial by 9,386.2% in the third quarter. Rehmann Capital Advisory Group now owns 879,848 shares of the financial services provider’s stock valued at $9,268,000 after acquiring an additional 870,573 shares in the last quarter. Finally, Millennium Management LLC boosted its stake in Capital One Financial by 66.6% in the fourth quarter. Millennium Management LLC now owns 2,072,827 shares of the financial services provider’s stock valued at $156,685,000 after acquiring an additional 828,766 shares in the last quarter. Hedge funds and other institutional investors own 89.40% of the company’s stock.

Shares of NYSE:COF traded down $0.95 on Monday, hitting $86.88. 1,186,852 shares of the company were exchanged, compared to its average volume of 2,678,487. Capital One Financial Corp. has a 1-year low of $69.90 and a 1-year high of $101.26. The company has a current ratio of 1.02, a quick ratio of 1.01 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $41.22 billion, a P/E ratio of 7.99, a PEG ratio of 0.87 and a beta of 1.26.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 22nd. The financial services provider reported $1.87 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.41 by ($0.54). Capital One Financial had a return on equity of 11.05% and a net margin of 18.58%. The company had revenue of $7.01 billion for the quarter, compared to analyst estimates of $7.07 billion. During the same quarter in the previous year, the firm posted $1.59 earnings per share. The company’s quarterly revenue was up .2% on a year-over-year basis. Equities analysts forecast that Capital One Financial Corp. will post 11.07 EPS for the current year.

In other news, insider Kleber Santos sold 3,570 shares of Capital One Financial stock in a transaction on Thursday, February 21st. The shares were sold at an average price of $82.49, for a total transaction of $294,489.30. Following the completion of the sale, the insider now directly owns 19,454 shares in the company, valued at $1,604,760.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.43% of the company’s stock.

Several equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a research note on Tuesday, January 8th. Wells Fargo & Co lowered their target price on shares of Capital One Financial from $103.00 to $90.00 and set an “outperform” rating for the company in a research note on Thursday, January 3rd. Nomura lowered their target price on shares of Capital One Financial to $90.00 and set a “neutral” rating for the company in a research note on Wednesday, January 23rd. Oppenheimer restated a “market perform” rating on shares of Capital One Financial in a research note on Wednesday, January 23rd. Finally, William Blair restated a “market perform” rating on shares of Capital One Financial in a research note on Wednesday, January 16th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $104.07.

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About Capital One Financial

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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