Mn Services Vermogensbeheer B.V. Raises Stock Position in Capital One Financial Corporation $COF

Mn Services Vermogensbeheer B.V. boosted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 1.6% in the fourth quarter, HoldingsChannel reports. The firm owned 247,601 shares of the financial services provider’s stock after buying an additional 3,938 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Capital One Financial were worth $60,009,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Strive Asset Management LLC purchased a new position in shares of Capital One Financial during the 3rd quarter valued at about $28,000. Howard Hughes Medical Institute acquired a new position in shares of Capital One Financial in the 2nd quarter valued at about $29,000. Olistico Wealth LLC purchased a new stake in shares of Capital One Financial in the fourth quarter worth about $30,000. WFA of San Diego LLC purchased a new stake in shares of Capital One Financial in the second quarter worth about $32,000. Finally, Crowley Wealth Management Inc. acquired a new stake in Capital One Financial during the third quarter worth about $33,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Capital One Financial news, insider Lia Dean sold 3,284 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total transaction of $734,565.12. Following the transaction, the insider directly owned 70,162 shares of the company’s stock, valued at $15,693,836.16. This trade represents a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Neal Blinde sold 38,135 shares of Capital One Financial stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the completion of the sale, the insider owned 33,551 shares in the company, valued at approximately $6,391,801.01. This trade represents a 53.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 67,933 shares of company stock worth $14,363,897 in the last 90 days. 1.26% of the stock is owned by insiders.

Capital One Financial Stock Performance

Shares of COF stock opened at $178.09 on Tuesday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $259.64. The business’s 50 day moving average is $201.88 and its two-hundred day moving average is $217.52. The company has a market capitalization of $110.76 billion, a P/E ratio of 60.17, a P/E/G ratio of 0.53 and a beta of 1.14.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). The business had revenue of $15.62 billion during the quarter, compared to analysts’ expectations of $15.49 billion. Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The firm’s quarterly revenue was up 53.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.67 earnings per share. Analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 19th were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Thursday, February 19th. Capital One Financial’s payout ratio is presently 108.11%.

Wall Street Analyst Weigh In

COF has been the subject of several recent research reports. BTIG Research reduced their price target on Capital One Financial from $308.00 to $270.00 and set a “buy” rating for the company in a research report on Friday, January 23rd. Truist Financial dropped their price objective on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research note on Monday, January 26th. Morgan Stanley lifted their target price on shares of Capital One Financial from $280.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, January 20th. Evercore decreased their target price on shares of Capital One Financial from $290.00 to $265.00 and set an “outperform” rating for the company in a research note on Tuesday, January 27th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $300.00 price target on shares of Capital One Financial in a report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $275.95.

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.