PiperJaffray May Have Just Upped Their Stakes in Capital One Financial (NYSE:COF)

June 14, 2018 - By Margaret Downey

Capital One Financial Corporation (NYSE:COF) Logo

Investors sentiment decreased to 1.01 in Q1 2018. Its down 0.02, from 1.03 in 2017Q4. It dropped, as 43 investors sold Capital One Financial Corporation shares while 260 reduced holdings. 75 funds opened positions while 230 raised stakes. 418.02 million shares or 2.87% more from 406.36 million shares in 2017Q4 were reported.

Gotham Asset Ltd Liability Co has invested 0.01% in Capital One Financial Corporation (NYSE:COF). Nelson Van Denburg Campbell Wealth Mngmt Gp Ltd Liability Com owns 11 shares. World Asset Mgmt Incorporated invested in 31,185 shares. Weybosset Management Limited stated it has 70,243 shares. Jacobs Levy Equity owns 241,167 shares for 0.38% of their portfolio. Reliance Trust Of Delaware stated it has 0.1% in Capital One Financial Corporation (NYSE:COF). South Dakota Council owns 0.24% invested in Capital One Financial Corporation (NYSE:COF) for 107,608 shares. First Quadrant Lp Ca stated it has 13,227 shares or 0.02% of all its holdings. 3,830 are owned by Legacy Private. Palladium Limited holds 18,589 shares or 0.13% of its portfolio. Ls Investment Advsr Lc stated it has 20,342 shares or 0.12% of all its holdings. Hermes Inv Mngmt holds 0.81% of its portfolio in Capital One Financial Corporation (NYSE:COF) for 579,556 shares. 20,220 are held by Telemus Cap Lc. Flippin Bruce & Porter Inc accumulated 31,764 shares. The Florida-based Raymond James Ser Advsrs has invested 0.03% in Capital One Financial Corporation (NYSE:COF).

Since December 15, 2017, it had 0 buys, and 20 insider sales for $98.05 million activity. Another trade for 242,600 shares valued at $22.59M was sold by FAIRBANK RICHARD D. Borgmann Kevin S. had sold 4,860 shares worth $461,700. Shares for $981,200 were sold by Blackley Richard Scott. FINNERAN JOHN G JR sold $4.74 million worth of stock. Santos Kleber sold $548,028 worth of stock or 5,607 shares. Shares for $649,706 were sold by Alexander Robert M. on Friday, December 15.

Capital One Financial (NYSE:COF) Stock Upgrade

PiperJaffray gave Capital One Financial (NYSE:COF) shares a new “Overweight” rating in analysts note sent to investors on Thursday, 14 June. The raise from the old “Neutral” rating is certainly an interesting one.

Capital One Financial Corporation (NYSE:COF) Ratings Coverage

Among 20 analysts covering Capital One Financial (NYSE:COF), 11 have Buy rating, 0 Sell and 9 Hold. Therefore 55% are positive. Capital One Financial has $140.0 highest and $95.0 lowest target. $108.06’s average target is 12.24% above currents $96.28 stock price. Capital One Financial had 34 analyst reports since December 18, 2017 according to SRatingsIntel. The stock has “Buy” rating by Barclays Capital on Tuesday, January 2. The firm has “Hold” rating given on Tuesday, January 2 by Robert W. Baird. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Buy”. As per Wednesday, January 10, the company rating was maintained by Jefferies. As per Friday, December 22, the company rating was upgraded by Compass Point. Piper Jaffray maintained it with “Hold” rating and $10400 target in Friday, April 6 report. The company was initiated on Tuesday, March 27 by UBS. The stock of Capital One Financial Corporation (NYSE:COF) earned “Buy” rating by RBC Capital Markets on Wednesday, April 25. On Tuesday, April 10 the stock rating was maintained by Sandler O’Neill with “Buy”. The rating was maintained by Morgan Stanley on Friday, February 2 with “Equal-Weight”.

The stock increased 0.28% or $0.27 during the last trading session, reaching $96.28. About 3.13M shares traded or 24.04% up from the average. Capital One Financial Corporation (NYSE:COF) has risen 19.24% since June 15, 2017 and is uptrending. It has outperformed by 6.67% the S&P500.

Analysts await Capital One Financial Corporation (NYSE:COF) to report earnings on July, 19. They expect $2.49 earnings per share, up 27.04 % or $0.53 from last year’s $1.96 per share. COF’s profit will be $1.21 billion for 9.67 P/E if the $2.49 EPS becomes a reality. After $2.65 actual earnings per share reported by Capital One Financial Corporation for the previous quarter, Wall Street now forecasts -6.04 % negative EPS growth.

Capital One Financial Corporation operates as the bank holding firm for the Capital One Bank , National Association; and Capital One, National Association, which provides various financial services and products in the United States, the United Kingdom, and Canada. The company has market cap of $46.83 billion. It operates through three divisions: Credit Card, Consumer Banking, and Commercial Banking. It has a 27.63 P/E ratio. The firm offers non-interest-bearing and interest-bearing deposits, such as checking accounts, money market deposit accounts, negotiable order of withdrawals, savings deposits, and time deposits.

Another recent and important Capital One Financial Corporation (NYSE:COF) news was published by Bizjournals.com which published an article titled: “Here’s how serious Capital One is about backing the Caps” on May 29, 2018.

Capital One Financial Corporation (NYSE:COF) Institutional Positions Chart

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