Stephens Inc. AR Has $758,000 Position in Capital One Financial Corp. (COF)

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Stephens Inc. AR boosted its stake in Capital One Financial Corp. (NYSE:COF) by 21.3% during the 1st quarter, Holdings Channel reports. The fund owned 9,276 shares of the financial services provider’s stock after acquiring an additional 1,629 shares during the period. Stephens Inc. AR’s holdings in Capital One Financial were worth $758,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Pinnacle Bank acquired a new position in shares of Capital One Financial during the fourth quarter worth approximately $28,000. Parkside Financial Bank & Trust raised its position in Capital One Financial by 78.6% in the 1st 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. Bogart Wealth LLC raised its position in Capital One Financial by 72.5% in the 1st quarter. Bogart Wealth LLC now owns 440 shares of the financial services provider’s stock valued at $35,000 after buying an additional 185 shares during the last quarter. Advisors Asset Management Inc. grew its stake in Capital One Financial by 4,033.3% in the 4th quarter. Advisors Asset Management Inc. now owns 496 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 484 shares during the period. Finally, Lavaca Capital LLC bought a new position in Capital One Financial in the 4th quarter valued at $40,000. Institutional investors and hedge funds own 89.20% of the company’s stock.

Shares of NYSE COF traded up $0.39 during trading hours on Tuesday, reaching $91.77. 24,632 shares of the stock traded hands, compared to its average volume of 2,500,447. The stock has a market cap of $43.25 billion, a price-to-earnings ratio of 8.46, a P/E/G ratio of 0.91 and a beta of 1.30. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 0.94. Capital One Financial Corp. has a 52-week low of $69.90 and a 52-week high of $101.26.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, April 25th. The financial services provider reported $2.90 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.68 by $0.22. The company had revenue of $7.08 billion for the quarter, compared to analysts’ expectations of $7.03 billion. Capital One Financial had a return on equity of 10.95% and a net margin of 18.47%. Capital One Financial’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the firm posted $2.62 EPS. On average, analysts forecast that Capital One Financial Corp. will post 11.09 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 23rd. Investors of record on Monday, May 13th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, May 10th. This represents a $1.60 annualized dividend and a yield of 1.74%. Capital One Financial’s payout ratio is 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 stock was sold at an average price of $84.54, for a total transaction of $247,533.12. Following the transaction, the insider now directly owns 19,454 shares in the company, valued at approximately $1,644,641.16. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.43% of the stock is owned by company insiders.

Several research analysts have recently weighed in on the company. Credit Suisse Group cut their price target on Capital One Financial from $109.00 to $102.00 and set a “positive” rating for the company in a research note on Wednesday, January 23rd. ValuEngine raised Capital One Financial from a “sell” rating to a “hold” rating in a report on Friday, April 26th. CIBC reaffirmed a “market perform” rating on shares of Capital One Financial in a report on Wednesday, January 23rd. Bank of America reissued a “buy” rating and set a $106.00 price objective (down from $120.00) on shares of Capital One Financial in a report on Wednesday, January 23rd. Finally, Oppenheimer reissued a “market perform” rating on shares of Capital One Financial in a report on Wednesday, January 23rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. Capital One Financial presently has an average rating of “Buy” and a consensus 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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Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corp. (NYSE:COF).

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

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