Epoch Investment Partners Inc. Makes New Investment in Capital One Financial Corporation $COF

Epoch Investment Partners Inc. acquired a new stake in Capital One Financial Corporation (NYSE:COF) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,241 shares of the financial services provider’s stock, valued at approximately $690,000.

A number of other hedge funds have also recently bought and sold shares of the company. Veltria Advisors Corp. lifted its stake in shares of Capital One Financial by 40.8% during the 2nd quarter. Veltria Advisors Corp. now owns 3,461 shares of the financial services provider’s stock worth $736,000 after purchasing an additional 1,003 shares during the period. Baird Financial Group Inc. lifted its position in Capital One Financial by 68.9% during the second quarter. Baird Financial Group Inc. now owns 122,647 shares of the financial services provider’s stock worth $26,094,000 after buying an additional 50,044 shares during the period. Knuff & Co LLC purchased a new position in Capital One Financial during the second quarter worth about $112,000. First Trust Advisors LP boosted its stake in Capital One Financial by 11.5% in the 2nd quarter. First Trust Advisors LP now owns 176,319 shares of the financial services provider’s stock worth $37,514,000 after buying an additional 18,234 shares during the last quarter. Finally, Guggenheim Capital LLC grew its holdings in Capital One Financial by 90.2% in the 2nd quarter. Guggenheim Capital LLC now owns 24,801 shares of the financial services provider’s stock valued at $5,277,000 after buying an additional 11,760 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on COF shares. BTIG Research reissued a “buy” rating and issued a $264.00 target price on shares of Capital One Financial in a research report on Wednesday, October 22nd. Wolfe Research lifted their target price on Capital One Financial from $260.00 to $262.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. UBS Group decreased their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a report on Tuesday, October 7th. Cowen restated a “buy” rating on shares of Capital One Financial in a report on Wednesday, November 26th. Finally, Evercore ISI lifted their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Tuesday, September 30th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus price target of $261.63.

Capital One Financial Stock Up 0.7%

Shares of NYSE:COF opened at $231.37 on Friday. The company has a market capitalization of $147.09 billion, a price-to-earnings ratio of 97.62, a price-to-earnings-growth ratio of 0.55 and a beta of 1.16. The company has a 50 day moving average of $215.82 and a two-hundred day moving average of $213.42. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $233.01. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45.

Capital One Financial (NYSE:COF) last announced its earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The business had revenue of $15.46 billion during the quarter. As a group, analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.4%. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, November 17th. Capital One Financial’s payout ratio is presently 135.02%.

Insider Activity

In other Capital One Financial news, insider Frank G. LapradeIii sold 17,840 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $222.03, for a total transaction of $3,961,015.20. Following the sale, the insider directly owned 48,315 shares in the company, valued at $10,727,379.45. The trade was a 26.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $221.54, for a total value of $443,080.00. Following the completion of the transaction, the general counsel directly owned 94,486 shares in the company, valued at approximately $20,932,428.44. The trade was a 2.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 280,218 shares of company stock worth $62,395,804 over the last quarter. Corporate insiders own 1.26% of the company’s stock.

About Capital One Financial

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.