State of Alaska Department of Revenue raised its stake in shares of Capital One Financial Corp. (NYSE:COF) by 277.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,687 shares of the financial services provider’s stock after purchasing an additional 40,185 shares during the quarter. State of Alaska Department of Revenue’s holdings in Capital One Financial were worth $5,443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in COF. BB&T Investment Services Inc. purchased a new position in shares of Capital One Financial during the second quarter worth approximately $108,000. Archford Capital Strategies LLC raised its stake in shares of Capital One Financial by 8,078.3% during the second quarter. Archford Capital Strategies LLC now owns 4,907 shares of the financial services provider’s stock worth $140,000 after acquiring an additional 4,847 shares in the last quarter. Westside Investment Management Inc. raised its stake in shares of Capital One Financial by 48.0% during the second quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock worth $143,000 after acquiring an additional 566 shares in the last quarter. Camelot Portfolios LLC purchased a new position in shares of Capital One Financial during the third quarter worth approximately $201,000. Finally, Gould Asset Management LLC CA purchased a new position in shares of Capital One Financial during the third quarter worth approximately $203,000. Institutional investors and hedge funds own 88.33% of the company’s stock.

COF has been the topic of several research reports. Zacks Investment Research raised shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $111.00 price target on the stock in a research note on Thursday, January 4th. Barclays lifted their price target on shares of Capital One Financial from $105.00 to $120.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. Wells Fargo & Co reissued an “outperform” rating and set a $112.00 price target (up from $102.00) on shares of Capital One Financial in a research note on Tuesday, January 9th. BMO Capital Markets reissued a “buy” rating and set a $116.00 price target on shares of Capital One Financial in a research note on Friday, October 6th. Finally, Compass Point raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $99.52 to $122.00 in a research note on Friday, December 22nd. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have issued a buy rating to the stock. Capital One Financial has a consensus rating of “Hold” and an average target price of $102.14.

In related news, Director Ann F. Hackett sold 11,055 shares of Capital One Financial stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of $91.18, for a total value of $1,007,994.90. Following the transaction, the director now directly owns 69,066 shares of the company’s stock, valued at $6,297,437.88. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mayo A. Shattuck III sold 24,167 shares of Capital One Financial stock in a transaction on Friday, October 27th. The stock was sold at an average price of $92.71, for a total transaction of $2,240,522.57. Following the completion of the transaction, the director now directly owns 59,613 shares in the company, valued at $5,526,721.23. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 445,368 shares of company stock worth $43,323,743. 1.73% of the stock is owned by insiders.

Capital One Financial Corp. (COF) opened at $104.38 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 1.17. Capital One Financial Corp. has a one year low of $76.05 and a one year high of $106.47. The company has a market cap of $50,597.57, a price-to-earnings ratio of 13.77, a P/E/G ratio of 1.04 and a beta of 1.28.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, October 24th. The financial services provider reported $2.42 EPS for the quarter, topping the consensus estimate of $2.15 by $0.27. Capital One Financial had a net margin of 13.34% and a return on equity of 8.25%. The company had revenue of $6.99 billion for the quarter, compared to the consensus estimate of $6.81 billion. During the same period in the previous year, the firm earned $2.03 earnings per share. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. analysts anticipate that Capital One Financial Corp. will post 7.98 EPS for the current year.

Capital One Financial announced that its board has authorized a stock repurchase plan on Tuesday, December 26th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

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Capital One Financial Profile

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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