WEALTHFRONT Corp increased its stake in Capital One Financial Corp. (NYSE:COF) by 21.7% in the third quarter, Holdings Channel reports. The institutional investor owned 22,456 shares of the financial services provider’s stock after acquiring an additional 4,005 shares during the period. WEALTHFRONT Corp’s holdings in Capital One Financial were worth $2,132,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Assetmark Inc. lifted its position in shares of Capital One Financial by 11.2% during the third quarter. Assetmark Inc. now owns 100,368 shares of the financial services provider’s stock worth $9,528,000 after purchasing an additional 10,133 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of Capital One Financial by 422.8% during the third quarter. Renaissance Technologies LLC now owns 1,051,399 shares of the financial services provider’s stock valued at $99,809,000 after buying an additional 850,300 shares during the period. C M Bidwell & Associates Ltd. purchased a new position in shares of Capital One Financial during the third quarter valued at $666,000. Loomis Sayles & Co. L P increased its stake in shares of Capital One Financial by 35.4% during the third quarter. Loomis Sayles & Co. L P now owns 3,223 shares of the financial services provider’s stock valued at $306,000 after buying an additional 842 shares during the period. Finally, Bridgewater Associates LP increased its stake in shares of Capital One Financial by 424.7% during the third quarter. Bridgewater Associates LP now owns 37,062 shares of the financial services provider’s stock valued at $3,518,000 after buying an additional 29,999 shares during the period. Institutional investors own 88.35% of the company’s stock.

COF opened at $83.07 on Thursday. Capital One Financial Corp. has a 1 year low of $84.31 and a 1 year 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 stock has a market capitalization of $40.21 billion, a price-to-earnings ratio of 10.66, a P/E/G ratio of 0.69 and a beta of 1.26.

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

The business also recently announced a quarterly dividend, which was paid on Friday, November 23rd. Shareholders of record on Monday, November 12th were paid a $0.40 dividend. The ex-dividend date was Thursday, November 8th. This represents a $1.60 annualized dividend and a yield of 1.93%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.54%.

COF has been the topic of several research reports. BMO Capital Markets raised their price target on Capital One Financial from $135.00 to $146.00 and gave the company an “outperform” rating in a research note on Wednesday, October 24th. Sandler O’Neill raised their price target on Capital One Financial from $113.00 to $115.00 and gave the company a “buy” rating in a research note on Wednesday, October 24th. ValuEngine lowered Capital One Financial from a “hold” rating to a “sell” rating in a research note on Monday, October 22nd. Oppenheimer set a $116.00 price target on Capital One Financial and gave the company a “buy” rating in a research note on Tuesday, September 18th. Finally, Barclays restated a “buy” rating on shares of Capital One Financial in a research note on Monday, October 29th. 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 company’s stock. The company presently has a consensus rating of “Buy” and an average target price 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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