Palladium Partners LLC increased its stake in shares of Capital One Financial Corp. (NYSE:COF) by 6.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,141 shares of the financial services provider’s stock after buying an additional 581 shares during the period. Palladium Partners LLC’s holdings in Capital One Financial were worth $1,044,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of COF. Wealthcare Advisory Partners LLC bought a new position in shares of Capital One Financial during the 4th quarter valued at approximately $25,000. Resources Management Corp CT ADV purchased a new stake in shares of Capital One Financial during the 3rd quarter worth approximately $27,000. Crewe Advisors LLC bought a new stake in shares of Capital One Financial in the 4th quarter worth approximately $29,000. CNB Bank bought a new stake in shares of Capital One Financial in the 4th quarter worth approximately $30,000. Finally, Barnett & Company Inc. raised its holdings in shares of Capital One Financial by 1,352.4% in the 4th quarter. Barnett & Company Inc. now owns 305 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 284 shares during the period. Institutional investors and hedge funds own 89.00% of the company’s stock.
Several equities analysts have weighed in on the company. UBS Group lowered Capital One Financial from a “buy” rating to a “neutral” rating and set a $108.00 price objective for the company. in a report on Tuesday, January 7th. Barclays restated a “buy” rating and issued a $136.00 target price on shares of Capital One Financial in a research note on Tuesday, January 7th. ValuEngine lowered Capital One Financial from a “sell” rating to a “strong sell” rating in a research note on Saturday, February 1st. Nomura upped their price target on Capital One Financial from $108.00 to $111.00 and gave the company a “neutral” rating in a research report on Wednesday, January 22nd. Finally, Morgan Stanley reiterated a “hold” rating and set a $104.00 price target on shares of Capital One Financial in a research note on Tuesday, October 29th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $114.77.
COF traded down $0.18 on Friday, hitting $102.60. The company’s stock had a trading volume of 159,284 shares, compared to its average volume of 2,171,868. Capital One Financial Corp. has a 12 month low of $78.45 and a 12 month high of $107.59. The firm has a market cap of $47.85 billion, a P/E ratio of 9.30, a price-to-earnings-growth ratio of 0.99 and a beta of 1.25. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.95. The company’s 50 day simple moving average is $102.54 and its 200-day simple moving average is $95.47.
Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $2.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.35 by $0.14. The business had revenue of $7.40 billion for the quarter, compared to analysts’ expectations of $7.32 billion. Capital One Financial had a net margin of 16.40% and a return on equity of 10.67%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.87 EPS. Equities analysts predict that Capital One Financial Corp. will post 11.72 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Monday, February 10th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend is Friday, February 7th. Capital One Financial’s payout ratio is currently 13.23%.
In other Capital One Financial news, insider John G. Finneran, Jr. sold 3,607 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $99.22, for a total value of $357,886.54. Also, insider John G. Finneran, Jr. sold 7,213 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $97.16, for a total transaction of $700,815.08. Following the completion of the transaction, the insider now directly owns 95,399 shares of the company’s stock, valued at $9,268,966.84. The disclosure for this sale can be found here. Over the last quarter, insiders sold 217,908 shares of company stock valued at $22,176,673. 1.43% of the stock is owned by company insiders.
Capital One Financial Company Profile
Capital One Financial Corporation operates as the bank 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, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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