Payden & Rygel Has $171,000 Stake in Capital One Financial Corporation (COF)

Payden & Rygel held its position in Capital One Financial Corporation (NYSE:COF) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,969 shares of the financial services provider’s stock at the end of the first quarter. Payden & Rygel’s holdings in Capital One Financial Corporation were worth $171,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Westpac Banking Corp increased its position in Capital One Financial Corporation by 98.3% in the first quarter. Westpac Banking Corp now owns 171,083 shares of the financial services provider’s stock valued at $14,004,000 after buying an additional 84,806 shares during the last quarter. Tredje AP fonden increased its position in Capital One Financial Corporation by 28.1% in the first quarter. Tredje AP fonden now owns 53,229 shares of the financial services provider’s stock valued at $4,613,000 after buying an additional 11,672 shares during the last quarter. Dynamic Technology Lab Private Ltd increased its position in Capital One Financial Corporation by 127.4% in the first quarter. Dynamic Technology Lab Private Ltd now owns 13,715 shares of the financial services provider’s stock valued at $1,189,000 after buying an additional 7,683 shares during the last quarter. Vident Investment Advisory LLC acquired a new position in Capital One Financial Corporation during the first quarter valued at $2,554,000. Finally, Patton Albertson Miller Group LLC increased its position in Capital One Financial Corporation by 22.5% in the first quarter. Patton Albertson Miller Group LLC now owns 16,778 shares of the financial services provider’s stock valued at $1,381,000 after buying an additional 3,078 shares during the last quarter. Institutional investors and hedge funds own 88.89% of the company’s stock.

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

Capital One Financial Corporation (NYSE:COF) traded down 0.34% during mid-day trading on Tuesday, reaching $81.45. The company had a trading volume of 333,153 shares. The stock has a market capitalization of $39.28 billion, a price-to-earnings ratio of 12.36 and a beta of 1.21. Capital One Financial Corporation has a 52 week low of $58.03 and a 52 week high of $96.92. The stock has a 50 day moving average of $80.21 and a 200 day moving average of $85.99.

Capital One Financial Corporation (NYSE:COF) last issued its quarterly earnings results on Tuesday, April 25th. The financial services provider reported $1.75 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.93 by $0.18. Capital One Financial Corporation had a return on equity of 7.83% and a net margin of 12.96%. The company had revenue of $6.54 billion for the quarter, compared to analysts’ expectations of $6.63 billion. During the same quarter last year, the company earned $1.84 EPS. Capital One Financial Corporation’s revenue for the quarter was down .5% compared to the same quarter last year. Analysts anticipate that Capital One Financial Corporation will post $7.49 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, May 25th. Shareholders of record on Monday, May 15th were issued a dividend of $0.40 per share. The ex-dividend date was Thursday, May 11th. This represents a $1.60 annualized dividend and a yield of 1.96%. Capital One Financial Corporation’s dividend payout ratio (DPR) is 24.32%.

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Several research analysts have weighed in on the company. BMO Capital Markets restated a “buy” rating and issued a $103.00 price target on shares of Capital One Financial Corporation in a research note on Tuesday. Keefe, Bruyette & Woods restated a “buy” rating and issued a $106.00 price target on shares of Capital One Financial Corporation in a research note on Friday. BidaskClub upgraded Capital One Financial Corporation from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th. Wells Fargo & Co restated a “market perform” rating and issued a $85.00 price target (down from $88.00) on shares of Capital One Financial Corporation in a research note on Sunday, May 21st. Finally, Deutsche Bank AG upgraded Capital One Financial Corporation from a “hold” rating to a “buy” rating and set a $98.00 price target for the company in a research note on Monday, May 1st. Four analysts have rated the stock with a sell rating, ten have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $92.05.

In other Capital One Financial Corporation news, insider Michael J. Wassmer sold 734 shares of the company’s stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of $86.88, for a total transaction of $63,769.92. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Michael Slocum sold 6,276 shares of the company’s stock in a transaction dated Friday, May 5th. The stock was sold at an average price of $82.16, for a total value of $515,636.16. Following the sale, the insider now owns 61,905 shares in the company, valued at approximately $5,086,114.80. The disclosure for this sale can be found here. 1.73% of the stock is owned by corporate insiders.

About Capital One Financial Corporation

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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