Great Lakes Retirement Inc. Has $1.59 Million Stock Position in Capital One Financial Co. (NYSE:COF)

Great Lakes Retirement Inc. lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,931 shares of the financial services provider’s stock after selling 338 shares during the period. Great Lakes Retirement Inc.’s holdings in Capital One Financial were worth $1,592,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp raised its stake in Capital One Financial by 0.5% during the 3rd quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock worth $2,471,572,000 after buying an additional 74,784 shares during the period. Franklin Resources Inc. increased its holdings in shares of Capital One Financial by 2.8% during the third quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock valued at $1,649,488,000 after acquiring an additional 280,462 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Capital One Financial by 0.7% in the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock worth $1,451,527,000 after purchasing an additional 72,097 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Capital One Financial by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider’s stock worth $1,198,664,000 after purchasing an additional 159,616 shares in the last quarter. Finally, FMR LLC grew its position in Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after purchasing an additional 1,169,395 shares during the period. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on COF. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a research report on Tuesday, January 14th. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $203.00 to $200.00 in a research report on Monday, December 9th. Finally, The Goldman Sachs Group raised their target price 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. Nine equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $196.31.

Capital One Financial Stock Up 0.3 %

Shares of NYSE:COF opened at $199.32 on Wednesday. The firm has a fifty day moving average price of $188.53 and a two-hundred day moving average price of $167.22. The company has a market cap of $75.99 billion, a price-to-earnings ratio of 17.20, a PEG ratio of 1.26 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a one year low of $128.23 and a one year high of $208.63.

Capital One Financial (NYSE:COF) last posted 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 firm had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. The business’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the company posted $2.81 EPS. Analysts anticipate that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a dividend of $0.60 per share. The ex-dividend date 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 is 20.71%.

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.