First Trust Direct Indexing L.P. Has $1.67 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

First Trust Direct Indexing L.P. increased its position in Capital One Financial Co. (NYSE:COF) by 14.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,715 shares of the financial services provider’s stock after buying an additional 1,588 shares during the period. First Trust Direct Indexing L.P.’s holdings in Capital One Financial were worth $1,667,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in COF. Comerica Bank boosted its stake in Capital One Financial by 158.7% during the 3rd quarter. Comerica Bank now owns 87,852 shares of the financial services provider’s stock valued at $8,526,000 after purchasing an additional 53,894 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Capital One Financial by 1.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,498,413 shares of the financial services provider’s stock worth $242,471,000 after purchasing an additional 40,585 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Capital One Financial by 15.2% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 76,695 shares of the financial services provider’s stock valued at $7,443,000 after acquiring an additional 10,107 shares during the period. Rafferty Asset Management LLC raised its holdings in Capital One Financial by 4.3% during the 3rd quarter. Rafferty Asset Management LLC now owns 131,964 shares of the financial services provider’s stock valued at $12,807,000 after acquiring an additional 5,439 shares during the period. Finally, Mariner LLC raised its holdings in Capital One Financial by 3.5% during the 3rd quarter. Mariner LLC now owns 65,596 shares of the financial services provider’s stock valued at $6,366,000 after acquiring an additional 2,228 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Up 0.6 %

Shares of COF traded up $0.91 during mid-day trading on Thursday, hitting $142.55. The company’s stock had a trading volume of 134,379 shares, compared to its average volume of 2,675,435. The company’s 50-day moving average is $140.89 and its 200-day moving average is $127.13. Capital One Financial Co. has a 52-week low of $83.93 and a 52-week high of $149.94. The firm has a market capitalization of $54.22 billion, a price-to-earnings ratio of 11.09, a PEG ratio of 1.04 and a beta of 1.46. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing the consensus estimate of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The business had revenue of $9.40 billion during the quarter, compared to analysts’ expectations of $9.35 billion. During the same period in the previous year, the company posted $2.31 EPS. Capital One Financial’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, equities research analysts forecast that Capital One Financial Co. will post 13.7 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on COF. Robert W. Baird lowered shares of Capital One Financial from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $150.00 to $145.00 in a research report on Monday, January 8th. Citigroup boosted their price target on shares of Capital One Financial from $152.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, February 23rd. Keefe, Bruyette & Woods restated an “outperform” rating and set a $159.00 price target on shares of Capital One Financial in a research report on Wednesday, March 27th. Evercore ISI upped their price objective on shares of Capital One Financial from $142.00 to $155.00 and gave the company an “in-line” rating in a research note on Thursday, March 28th. Finally, BMO Capital Markets upped their price objective on shares of Capital One Financial from $124.00 to $125.00 and gave the company a “market perform” rating in a research note on Monday, January 29th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $138.50.

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.