Valeo Financial Advisors LLC grew its holdings in Capital One Financial Co. (NYSE:COF) by 122.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,550 shares of the financial services provider’s stock after purchasing an additional 3,060 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Capital One Financial were worth $534,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Davis Selected Advisers boosted its stake in Capital One Financial by 0.5% during the fourth quarter. Davis Selected Advisers now owns 10,867,609 shares of the financial services provider’s stock worth $1,010,253,000 after buying an additional 49,543 shares during the last quarter. Fisher Asset Management LLC grew its holdings in shares of Capital One Financial by 7.9% in the fourth quarter. Fisher Asset Management LLC now owns 9,362,367 shares of the financial services provider’s stock valued at $870,326,000 after purchasing an additional 686,514 shares during the period. Pzena Investment Management LLC increased its position in Capital One Financial by 11.5% during the fourth quarter. Pzena Investment Management LLC now owns 5,972,255 shares of the financial services provider’s stock worth $555,181,000 after purchasing an additional 616,973 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Capital One Financial by 1.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 5,413,955 shares of the financial services provider’s stock worth $710,798,000 after purchasing an additional 95,770 shares during the period. Finally, Morgan Stanley boosted its holdings in Capital One Financial by 10.6% in the 4th quarter. Morgan Stanley now owns 3,785,441 shares of the financial services provider’s stock valued at $351,895,000 after purchasing an additional 362,071 shares during the last quarter. 88.73% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
COF has been the topic of several analyst reports. Barclays reduced their price target on shares of Capital One Financial from $119.00 to $114.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 12th. Odeon Capital Group lowered Capital One Financial from a “hold” rating to a “sell” rating and set a $94.20 price target on the stock. in a research note on Thursday, March 2nd. Morgan Stanley cut their price objective on Capital One Financial from $96.00 to $85.00 and set an “underweight” rating for the company in a research report on Wednesday, April 5th. StockNews.com assumed coverage on shares of Capital One Financial in a research report on Thursday, May 18th. They issued a “hold” rating on the stock. Finally, JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $102.00 to $112.00 in a research report on Monday. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $113.26.
Capital One Financial Trading Up 0.5 %
Capital One Financial (NYSE:COF – Free Report) last announced its quarterly earnings data on Thursday, April 27th. The financial services provider reported $2.31 EPS for the quarter, missing analysts’ consensus estimates of $3.80 by ($1.49). Capital One Financial had a return on equity of 10.90% and a net margin of 14.33%. The company had revenue of $8.90 billion for the quarter, compared to analyst estimates of $9.07 billion. During the same period in the prior year, the firm posted $5.62 earnings per share. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. Sell-side analysts anticipate that Capital One Financial Co. will post 12.32 earnings per share for the current fiscal year.
Capital One Financial Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, May 26th. Investors of record on Monday, May 15th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, May 12th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.20%. Capital One Financial’s payout ratio is currently 16.55%.
Insider Activity at Capital One Financial
In other Capital One Financial news, insider Mark Daniel Mouadeb sold 469 shares of Capital One Financial stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $110.00, for a total transaction of $51,590.00. Following the completion of the sale, the insider now directly owns 16,396 shares of the company’s stock, valued at approximately $1,803,560. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.41% of the stock is currently owned by corporate insiders.
Capital One Financial Profile
Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides 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.
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