GAM Holding AG increased its stake in Capital One Financial Corp. (NYSE:COF) by 5.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,320 shares of the financial services provider’s stock after buying an additional 819 shares during the period. GAM Holding AG’s holdings in Capital One Financial were worth $1,455,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Farmers National Bank bought a new position in Capital One Financial in the second quarter worth about $102,000. Integrated Investment Consultants LLC bought a new position in Capital One Financial in the second quarter worth about $108,000. Sun Life Financial INC raised its stake in Capital One Financial by 518.3% in the second quarter. Sun Life Financial INC now owns 1,317 shares of the financial services provider’s stock worth $121,000 after buying an additional 1,104 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new stake in Capital One Financial in the third quarter worth about $130,000. Finally, QCI Asset Management Inc. NY grew its holdings in Capital One Financial by 698.3% in the third quarter. QCI Asset Management Inc. NY now owns 1,405 shares of the financial services provider’s stock worth $133,000 after purchasing an additional 1,229 shares during the period. 88.35% of the stock is owned by institutional investors.

NYSE:COF opened at $84.89 on Thursday. Capital One Financial Corp. has a 52 week low of $84.31 and a 52 week high of $106.50. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market cap of $40.21 billion, a PE ratio of 10.90, a PEG ratio of 0.69 and a beta of 1.26.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, October 23rd. The financial services provider reported $3.12 EPS for the quarter, beating the Zacks’ consensus estimate of $2.89 by $0.23. Capital One Financial had a net margin of 11.84% and a return on equity of 11.01%. The firm had revenue of $6.96 billion for the quarter, compared to analysts’ expectations of $6.88 billion. During the same quarter in the prior year, the company posted $2.42 earnings per share. The business’s revenue for the quarter was down .3% on a year-over-year basis. As a group, equities analysts predict that Capital One Financial Corp. will post 11.38 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 23rd. Stockholders of record on Monday, November 12th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend was Thursday, November 8th. Capital One Financial’s payout ratio is 20.54%.

A number of brokerages have weighed in on COF. Zacks Investment Research upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $99.00 price objective on the stock in a report on Friday, October 26th. Nomura cut their price objective on shares of Capital One Financial from $109.00 to $98.00 and set a “neutral” rating on the stock in a report on Wednesday, October 24th. Wells Fargo & Co cut their price objective on shares of Capital One Financial from $110.00 to $103.00 and set an “outperform” rating on the stock in a report on Wednesday, October 24th. Oppenheimer set a $101.00 price objective on shares of Capital One Financial and gave the stock a “buy” rating in a report on Tuesday, October 23rd. Finally, JPMorgan Chase & Co. cut their price objective on shares of Capital One Financial from $113.00 to $107.00 and set an “overweight” rating on the stock in a report on Wednesday, October 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $109.19.

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Capital One Financial 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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