Oppenheimer & Co. Inc. Has $3.84 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Oppenheimer & Co. Inc. increased its holdings in shares of Capital One Financial Co. (NYSE:COF) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,507 shares of the financial services provider’s stock after acquiring an additional 282 shares during the period. Oppenheimer & Co. Inc.’s holdings in Capital One Financial were worth $3,835,000 at the end of the most recent reporting period.

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

Capital One Financial Stock Performance

Capital One Financial stock opened at $200.57 on Friday. The company has a market cap of $76.48 billion, a PE ratio of 17.31, 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 $193.32 and its two-hundred day moving average is $172.97.

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 Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on COF shares. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a report on Tuesday, January 14th. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Barclays increased their price target 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. Finally, The Goldman Sachs Group lifted their price objective on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Seven analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus 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.