NorthCrest Asset Manangement LLC lessened its stake in Capital One Financial Co. (NYSE:COF) by 0.4% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,144 shares of the financial services provider’s stock after selling 311 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in Capital One Financial were worth $8,284,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Eagle Bay Advisors LLC grew its holdings in shares of Capital One Financial by 43.4% in the first quarter. Eagle Bay Advisors LLC now owns 1,081 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 327 shares in the last quarter. Glassy Mountain Advisors Inc. purchased a new stake in shares of Capital One Financial during the 4th quarter valued at $32,000. Delta Asset Management LLC TN bought a new stake in shares of Capital One Financial during the 4th quarter worth $34,000. Resurgent Financial Advisors LLC purchased a new position in shares of Capital One Financial in the 4th quarter worth about $34,000. Finally, Neo Ivy Capital Management purchased a new stake in Capital One Financial during the second quarter worth about $37,000. Hedge funds and other institutional investors own 88.73% of the company’s stock.
Insider Transactions at Capital One Financial
In other Capital One Financial news, insider Mark Daniel Mouadeb sold 469 shares of the firm’s stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $110.00, for a total value of $51,590.00. Following the completion of the sale, the insider now directly owns 16,396 shares in the company, valued at $1,803,560. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.41% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
Capital One Financial Stock Performance
NYSE COF opened at $108.04 on Monday. The company has a 50-day simple moving average of $102.71 and a two-hundred day simple moving average of $102.08. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.88. Capital One Financial Co. has a 12-month low of $83.93 and a 12-month high of $123.09. The firm has a market cap of $41.25 billion, a price-to-earnings ratio of 7.45, a PEG ratio of 1.43 and a beta of 1.45.
Capital One Financial (NYSE:COF – Free Report) last posted its quarterly earnings results on Thursday, April 27th. The financial services provider reported $2.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.80 by ($1.49). The business had revenue of $8.90 billion for the quarter, compared to analysts’ expectations of $9.07 billion. Capital One Financial had a net margin of 14.33% and a return on equity of 10.90%. The business’s quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.62 earnings per share. On average, equities analysts forecast that Capital One Financial Co. will post 12.38 EPS for the current year.
Capital One Financial Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, May 26th. Stockholders of record on Monday, May 15th were issued a dividend of $0.60 per share. The ex-dividend date was Friday, May 12th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.22%. Capital One Financial’s dividend payout ratio is currently 16.55%.
Capital One Financial Company 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.
Featured Articles
- Five stocks we like better than Capital One Financial
- Commercial Metals Winning Infrastructure and Datacenter Customers
- Biogen Shares Fall After FDA Approval Of Alzheimer’s Drug Leqembi
- Shell’s Production Outlook: Not as Bad as Expected?
- Tyson Foods Becomes a Value Play, Cyclical Bull Run Coming
- Enphase Energy is Still Converting Solar Energy into Profits
Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Co. (NYSE:COF – Free Report).
Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.
