Capital One Financial (COF) Rating Reiterated by Piper Jaffray Companies

Lloyd Doyle
January 13, 2018

Capital One Financial announced that its board has approved a stock repurchase program on Tuesday, December 26th that allows the company to repurchase $1.00 billion in shares. Quantbot Technologies LP bought a new stake in shares of Capital One Financial during the 3rd quarter valued at about $1,635,000. The company has a market capitalization of $51,110.00, a P/E ratio of 14.79, a PEG ratio of 1.38 and a beta of 1.28.

COF traded at an unexpectedly high level on 10/01/2018 when the stock experienced a 1.43% gain to a closing price of $103.14. Vanguard Group Incorporated invested in 32.45 million shares or 0.13% of the stock. It has underperformed by 2.89% the S&P500. A low price-to-sales ratio, typically less than 1.0, is considered a good value. The firm has "Neutral" rating by Bank of America given on Thursday, December 15.

Large investors have recently modified their holdings of the company. They expect $1.01 earnings per share, up 14.77% or $0.13 from last year's $0.88 per share. About 976,488 shares traded.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, October 24th. It has underperformed by 76.58% the S&P500.

Investors sentiment decreased to 0.84 in Q3 2017. Its up 0.14, from 0.95 in 2017Q2. Keybank Association Oh invested in 366,401 shares.


Among 6 analysts covering Pacific Biosciences of California (NASDAQ:PACB), 2 have Buy rating, 0 Sell and 4 Hold. Cypress Cap Mgmt Limited Liability Corp holds 9,689 shares. Asset Management One Limited has 231,960 shares. Toronto Dominion Fincl Bank holds 190,754 shares. Woodstock Corporation owns 0.24% invested in Flowserve Corporation (NYSE:FLS) for 29,050 shares. Assetmark has invested 0% in FMC Corporation (NYSE:FMC). Hexavest accumulated 545,596 shares or 0.57% of the stock. Pettyjohn Wood And White reported 2,425 shares or 0.08% of all its holdings. State Of Tennessee Treasury Department reported 131,417 shares. Wisconsin-based State Of Wisconsin Board has invested 0.03% in FMC Corporation (NYSE:FMC). After $0.70 actual earnings per share reported by FMC Corporation for the previous quarter, Wall Street now forecasts 44.29% EPS growth. Bnp Paribas Arbitrage Sa holds 274,944 shares or 0.06% of its portfolio.

COF has been the subject of several recent analyst reports. COF's profit will be $891.93 million for 14.41 P/E if the $1.84 EPS becomes a reality. Wells Fargo & Co reaffirmed an "outperform" rating and issued a $112.00 price target (up previously from $102.00) on shares of Capital One Financial in a research report on Tuesday. Shares for $1.19 million were sold by UTECHT ANDREA E. It also increased its holding in Novartis Ag (NYSE:NVS) by 40,720 shares in the quarter, for a total of 158,110 shares, and has risen its stake in General Electric Co (NYSE:GE).

Analysts have given a mean recommendation of 2.30 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 25% are positive. Jefferies maintained FMC Corporation (NYSE:FMC) rating on Friday, September 15. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the company's stock. Washington Capital Management Inc who had been investing in F M C Corp for a number of months, seems to be less bullish one the $13.14 billion market cap company. The company was downgraded on Friday, July 24 by JP Morgan. The stock has "Buy" rating by CLSA on Monday, July 27. The company was downgraded on Monday, October 31 by RBC Capital Markets. Cantor Fitzgerald maintained the shares of PACB in report on Thursday, November 3 with "Buy" rating. Citigroup maintained it with "Buy" rating and $15 target in Monday, November 20 report.

Investors sentiment increased to 1.09 in 2017 Q3. Its down 0.42, from 1.53 in 2017Q2. It increased, as 51 investors sold COF shares while 241 reduced holdings. 69 funds opened positions while 250 raised stakes. The funds in our partner's database now hold: 422.76 million shares, up from 420.45 million shares in 2017Q2. The stock was trading at a distance of -50.00% from its 52-week highs and stands 16.63% away from its 52-week lows. Davis Selected Advisers, a Arizona-based fund reported 11.58 million shares.#img1#. Timber Creek Capital Management LLC's holdings in Capital One Financial Corporation were worth $3,352,000 as of its most recent SEC filing. Winslow Evans & Crocker invested in 0.32% or 11,434 shares. California Public Employees Retirement Systems, a California-based fund reported 307,340 shares. Kelly Lawrence W Assoc Ca reported 2.81% stake. Hancock Holdg has invested 0.09% in Capital One Financial Corporation (NYSE:COF). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.08% or 107,118 shares. Ameritas Prns has 6,936 shares for 0% of their portfolio. Commerce Retail Bank stated it has 0% in Capital One Financial Corporation (NYSE:COF). Cubist Systematic Strategies Limited Company owns 10,476 shares.

Since October 25, 2017, it had 0 insider purchases, and 8 selling transactions for $18.16 million activity. Tiaa Cref Investment Limited Company accumulated 567,596 shares or 0.03% of the stock. Alexander Robert M. also sold $649,706 worth of Capital One Financial Corporation (NYSE:COF) shares. LaPrade - III Frank G. sold $7.89 million worth of stock. On Tuesday, January 2 the insider WARNER BRADFORD H sold $298,392. Given that its average daily volume over the 30 days has been 2.11 million shares a day, this signifies a pretty significant change over the norm.

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