Oppenheimer Asset Management Inc. Has $15.47 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Oppenheimer Asset Management Inc. boosted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 2.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 86,760 shares of the financial services provider’s stock after purchasing an additional 1,792 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Capital One Financial were worth $15,471,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Bfsg LLC bought a new position in shares of Capital One Financial during the 4th quarter worth approximately $27,000. TruNorth Capital Management LLC acquired a new position in Capital One Financial during the fourth quarter worth $29,000. Decker Retirement Planning Inc. bought a new position in shares of Capital One Financial during the fourth quarter valued at $32,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Capital One Financial in the 3rd quarter valued at $36,000. Finally, Creative Financial Designs Inc. ADV grew its holdings in shares of Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 166 shares during the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Capital One Financial stock opened at $197.00 on Friday. The company has a market cap of $75.12 billion, a PE ratio of 17.00, a PEG ratio of 1.19 and a beta of 1.47. 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 Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The company’s 50-day moving average is $192.88 and its two-hundred day moving average is $172.23.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period in the prior year, the business posted $2.81 earnings per share. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. Equities analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is currently 20.71%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on COF. Barclays lifted their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods lifted their price objective on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Finally, JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Seven analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $202.27.

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.