Charles Schwab Investment Management Inc. Has $337.03 Million Holdings in Capital One Financial Co. (NYSE:COF)

Charles Schwab Investment Management Inc. increased its stake in Capital One Financial Co. (NYSE:COF) by 2.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,570,380 shares of the financial services provider’s stock after purchasing an additional 71,967 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.67% of Capital One Financial worth $337,028,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in COF. FFT Wealth Management LLC lifted its position in Capital One Financial by 3.6% during the 4th quarter. FFT Wealth Management LLC now owns 2,325 shares of the financial services provider’s stock worth $305,000 after buying an additional 80 shares in the last quarter. Quent Capital LLC raised its holdings in shares of Capital One Financial by 4.9% in the 4th quarter. Quent Capital LLC now owns 1,819 shares of the financial services provider’s stock valued at $239,000 after purchasing an additional 85 shares during the period. Merit Financial Group LLC raised its holdings in shares of Capital One Financial by 3.1% in the 4th quarter. Merit Financial Group LLC now owns 2,808 shares of the financial services provider’s stock valued at $368,000 after purchasing an additional 85 shares during the period. Greylin Investment Management Inc raised its holdings in shares of Capital One Financial by 1.7% in the 4th quarter. Greylin Investment Management Inc now owns 6,070 shares of the financial services provider’s stock valued at $796,000 after purchasing an additional 100 shares during the period. Finally, 626 Financial LLC raised its holdings in shares of Capital One Financial by 4.2% in the 4th quarter. 626 Financial LLC now owns 2,591 shares of the financial services provider’s stock valued at $340,000 after purchasing an additional 105 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the completion of the transaction, the insider now owns 10,246 shares in the company, valued at approximately $1,475,833.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Trading Up 0.1 %

NYSE COF traded up $0.20 during mid-day trading on Wednesday, reaching $142.76. 486,981 shares of the stock were exchanged, compared to its average volume of 2,639,802. Capital One Financial Co. has a one year low of $85.22 and a one year high of $149.94. The stock has a 50 day simple moving average of $141.46 and a 200-day simple moving average of $128.71. The stock has a market cap of $54.28 billion, a P/E ratio of 11.18, a P/E/G ratio of 1.03 and a beta of 1.46. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 1.00.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.35 billion. During the same period in the prior year, the business earned $2.31 EPS. Capital One Financial’s quarterly revenue was up 5.6% on a year-over-year basis. On average, analysts anticipate that Capital One Financial Co. will post 13.7 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 13th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date of this dividend is Friday, May 10th. Capital One Financial’s payout ratio is 18.79%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Royal Bank of Canada upped their price target on shares of Capital One Financial from $142.00 to $150.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 21st. Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price on the stock in a research report on Thursday, April 4th. Deutsche Bank Aktiengesellschaft began coverage on shares of Capital One Financial in a research report on Wednesday, January 10th. They set a “hold” rating and a $153.00 target price on the stock. BMO Capital Markets increased their price target on shares of Capital One Financial from $124.00 to $125.00 and gave the stock a “market perform” rating in a research report on Monday, January 29th. Finally, Evercore ISI increased their price target on shares of Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a research report on Thursday, March 28th. 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 stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $138.50.

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.