Deprince Race & Zollo Inc. Has $21.26 Million Position in Capital One Financial Corporation $COF

Deprince Race & Zollo Inc. boosted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 6.4% in the first quarter, Holdings Channel reports. The firm owned 116,549 shares of the financial services provider’s stock after acquiring an additional 7,005 shares during the period. Deprince Race & Zollo Inc.’s holdings in Capital One Financial were worth $21,262,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COF. Whelan Financial boosted its holdings in shares of Capital One Financial by 8.0% during the 1st quarter. Whelan Financial now owns 7,586 shares of the financial services provider’s stock worth $1,384,000 after buying an additional 561 shares during the period. Essex LLC raised its holdings in Capital One Financial by 29.0% in the 1st quarter. Essex LLC now owns 1,371 shares of the financial services provider’s stock worth $250,000 after acquiring an additional 308 shares during the period. Financial Life Planners bought a new position in Capital One Financial in the 1st quarter worth $65,000. USS Investment Management Ltd raised its holdings in Capital One Financial by 1.9% in the 1st quarter. USS Investment Management Ltd now owns 97,544 shares of the financial services provider’s stock worth $17,789,000 after acquiring an additional 1,794 shares during the period. Finally, IFM Investors Pty Ltd lifted its position in Capital One Financial by 3.5% during the 1st quarter. IFM Investors Pty Ltd now owns 139,119 shares of the financial services provider’s stock worth $25,379,000 after acquiring an additional 4,667 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the sale, the general counsel owned 97,194 shares of the company’s stock, valued at approximately $17,876,892.42. This trade represents a 3.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the sale, the insider owned 61,579 shares in the company, valued at approximately $11,858,883.82. This represents a 2.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.78% of the company’s stock.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $204.94 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market cap of $127.53 billion, a PE ratio of 71.91, a price-to-earnings-growth ratio of 0.74 and a beta of 1.02. The firm has a fifty day moving average price of $191.01 and a two-hundred day moving average price of $204.84. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). The company had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The business’s revenue for the quarter was up 52.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.06 EPS. Analysts expect that Capital One Financial Corporation will post 19.53 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, May 19th. Capital One Financial’s payout ratio is currently 112.28%.

Analyst Ratings Changes

A number of research firms have issued reports on COF. Evercore decreased their price target on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a report on Monday, April 6th. Wells Fargo & Company dropped their price objective on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Capital One Financial in a research report on Wednesday, June 24th. Truist Financial decreased their target price on Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Finally, Piper Sandler began coverage on Capital One Financial in a report on Monday. They issued an “overweight” rating and a $254.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average target price of $260.19.

Capital One Financial Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.