Capital One Financial Co. (NYSE:COF) Holdings Raised by Tortoise Investment Management LLC

Tortoise Investment Management LLC grew its position in Capital One Financial Co. (NYSE:COF) by 41.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 271 shares of the financial services provider’s stock after acquiring an additional 80 shares during the quarter. Tortoise Investment Management LLC’s holdings in Capital One Financial were worth $36,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. FFT Wealth Management LLC boosted its position in Capital One Financial by 3.6% during the 4th quarter. FFT Wealth Management LLC now owns 2,325 shares of the financial services provider’s stock valued at $305,000 after purchasing an additional 80 shares during the period. Quent Capital LLC boosted its position in Capital One Financial by 4.9% during the 4th quarter. Quent Capital LLC now owns 1,819 shares of the financial services provider’s stock worth $239,000 after acquiring an additional 85 shares during the period. Merit Financial Group LLC boosted its position in Capital One Financial by 3.1% during the 4th quarter. Merit Financial Group LLC now owns 2,808 shares of the financial services provider’s stock worth $368,000 after acquiring an additional 85 shares during the period. Avestar Capital LLC boosted its position in Capital One Financial by 0.9% during the 4th quarter. Avestar Capital LLC now owns 10,408 shares of the financial services provider’s stock worth $1,365,000 after acquiring an additional 94 shares during the period. Finally, Greylin Investment Management Inc boosted its position in Capital One Financial by 1.7% during the 4th quarter. Greylin Investment Management Inc now owns 6,070 shares of the financial services provider’s stock worth $796,000 after acquiring an additional 100 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Down 1.0 %

NYSE:COF traded down $1.39 during trading hours on Friday, hitting $133.70. 2,612,963 shares of the company’s stock traded hands, compared to its average volume of 2,033,473. The firm has a market cap of $50.83 billion, a P/E ratio of 10.47, a P/E/G ratio of 1.05 and a beta of 1.45. Capital One Financial Co. has a twelve month low of $88.23 and a twelve month high of $149.94. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. The stock’s fifty day moving average price is $140.52 and its two-hundred day moving average price is $135.59.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The firm had revenue of $9.40 billion during the quarter, compared to analysts’ expectations of $9.35 billion. During the same quarter last year, the firm earned $2.31 EPS. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. On average, research analysts expect that Capital One Financial Co. will post 13.05 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a yield of 1.80%. Capital One Financial’s dividend payout ratio (DPR) is currently 18.79%.

Analysts Set New Price Targets

A number of research analysts have issued reports on COF shares. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $159.00 price target on shares of Capital One Financial in a research report on Wednesday, March 27th. Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and boosted their price target for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. UBS Group boosted their price objective on Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, February 29th. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price objective on the stock in a research note on Thursday, April 4th. Finally, Evercore ISI boosted their price objective on Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a research note on Thursday, March 28th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $141.25.

Insider Buying and Selling at Capital One Financial

In other news, insider Celia Karam sold 16,913 shares of the company’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the sale, the insider now owns 47,081 shares in the company, valued at approximately $6,726,933.28. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, insider Timothy P. Golden sold 8,656 shares of the stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the completion of the sale, the insider now owns 10,246 shares in the company, valued at approximately $1,475,833.84. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Celia Karam sold 16,913 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the transaction, the insider now directly owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial 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.