Patton Albertson Miller Group LLC increased its position in shares of Capital One Financial Corporation (NYSE:COF) by 22.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,778 shares of the financial services provider’s stock after buying an additional 3,078 shares during the period. Patton Albertson Miller Group LLC’s holdings in Capital One Financial Corporation were worth $1,381,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of COF. Advantage Investment Management LLC bought a new stake in shares of Capital One Financial Corporation during the fourth quarter worth about $112,000. Israel Discount Bank of New York GFN bought a new stake in shares of Capital One Financial Corporation during the fourth quarter worth about $123,000. Quadrant Capital Group LLC raised its stake in shares of Capital One Financial Corporation by 2.5% in the first quarter. Quadrant Capital Group LLC now owns 1,472 shares of the financial services provider’s stock worth $121,000 after buying an additional 36 shares during the period. SRS Capital Advisors Inc. bought a new stake in shares of Capital One Financial Corporation during the fourth quarter worth about $171,000. Finally, Parallel Advisors LLC bought a new stake in shares of Capital One Financial Corporation during the fourth quarter worth about $172,000. 88.91% of the stock is owned by institutional investors.

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

Shares of Capital One Financial Corporation (NYSE COF) opened at 81.31 on Friday. The firm has a 50-day moving average of $80.17 and a 200 day moving average of $85.98. The firm has a market capitalization of $39.22 billion, a price-to-earnings ratio of 12.34 and a beta of 1.21. Capital One Financial Corporation has a 52-week low of $58.03 and a 52-week high of $96.92.

Capital One Financial Corporation (NYSE:COF) last released its quarterly earnings results on Tuesday, April 25th. The financial services provider reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.93 by $0.18. Capital One Financial Corporation had a return on equity of 7.83% and a net margin of 12.96%. The business had revenue of $6.54 billion for the quarter, compared to the consensus estimate of $6.63 billion. During the same period in the prior year, the business posted $1.84 earnings per share. Capital One Financial Corporation’s revenue was down .5% compared to the same quarter last year. Analysts predict that Capital One Financial Corporation will post $7.49 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 25th. Investors of record on Monday, May 15th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date was Thursday, May 11th. Capital One Financial Corporation’s dividend payout ratio is 24.32%.

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A number of brokerages have issued reports on COF. Keefe, Bruyette & Woods reissued a “buy” rating and set a $106.00 target price on shares of Capital One Financial Corporation in a research note on Friday. BidaskClub raised shares of Capital One Financial Corporation from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th. Instinet reissued a “buy” rating and set a $101.00 target price (down previously from $105.00) on shares of Capital One Financial Corporation in a research note on Saturday, April 29th. Evercore ISI reissued an “underperform” rating and set a $94.00 target price on shares of Capital One Financial Corporation in a research note on Wednesday, April 19th. Finally, CIBC decreased their target price on shares of Capital One Financial Corporation from $84.00 to $80.00 and set an “underperform” rating for the company in a research note on Wednesday, April 26th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $92.05.

In related news, insider Michael Slocum sold 6,276 shares of the firm’s stock in a transaction dated Friday, May 5th. The shares were sold at an average price of $82.16, for a total transaction of $515,636.16. Following the transaction, the insider now directly owns 61,905 shares of the company’s stock, valued at $5,086,114.80. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Michael J. Wassmer sold 734 shares of the firm’s stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of $86.88, for a total transaction of $63,769.92. The disclosure for this sale can be found here. 1.73% of the stock is currently owned by company insiders.

About Capital One Financial Corporation

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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