Oppenheimer & Co. Inc. Purchases 282 Shares of Capital One Financial Co. (NYSE:COF)

Oppenheimer & Co. Inc. lifted its position in shares of Capital One Financial Co. (NYSE:COF) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,507 shares of the financial services provider’s stock after purchasing an additional 282 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Capital One Financial were worth $3,835,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Oppenheimer Asset Management Inc. raised its stake in Capital One Financial by 2.1% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 86,760 shares of the financial services provider’s stock worth $15,471,000 after buying an additional 1,792 shares during the period. Mn Services Vermogensbeheer B.V. increased its holdings in shares of Capital One Financial by 2.0% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 149,700 shares of the financial services provider’s stock worth $26,695,000 after acquiring an additional 2,900 shares in the last quarter. Convergence Financial LLC raised its position in shares of Capital One Financial by 4.7% during the fourth quarter. Convergence Financial LLC now owns 2,473 shares of the financial services provider’s stock worth $441,000 after purchasing an additional 112 shares during the period. Cutter & CO Brokerage Inc. bought a new position in shares of Capital One Financial during the 4th quarter valued at about $211,000. Finally, Lingotto Investment Management LLP acquired a new position in shares of Capital One Financial in the 4th quarter valued at approximately $1,979,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Argus upgraded Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Barclays upped their price objective on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Wells Fargo & Company lifted their target price on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Finally, The Goldman Sachs Group upped their price target on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Seven research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $202.27.

Capital One Financial Price Performance

NYSE:COF opened at $200.57 on Friday. The stock has a market capitalization of $76.48 billion, a PE ratio of 17.31, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The firm has a fifty day simple moving average of $193.32 and a 200 day simple moving average of $172.97. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the firm posted $2.81 EPS. On average, research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.