4,531 Shares in Capital One Financial Corporation $COF Bought by JM2 Capital Inc.

JM2 Capital Inc. acquired a new stake in shares of Capital One Financial Corporation (NYSE:COF) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,531 shares of the financial services provider’s stock, valued at approximately $1,098,000. Capital One Financial accounts for approximately 0.9% of JM2 Capital Inc.’s holdings, making the stock its 28th largest position.

A number of other institutional investors have also added to or reduced their stakes in COF. Capital International Investors increased its stake in Capital One Financial by 107.9% in the 3rd quarter. Capital International Investors now owns 4,040,408 shares of the financial services provider’s stock worth $859,602,000 after acquiring an additional 2,097,208 shares during the last quarter. Viking Global Investors LP increased its stake in Capital One Financial by 30.3% in the 3rd quarter. Viking Global Investors LP now owns 7,388,506 shares of the financial services provider’s stock worth $1,570,649,000 after acquiring an additional 1,717,148 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Capital One Financial by 12.8% during the third quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock worth $2,516,587,000 after purchasing an additional 1,339,215 shares in the last quarter. Waverton Investment Management Ltd increased its position in shares of Capital One Financial by 1,390.9% in the third quarter. Waverton Investment Management Ltd now owns 1,181,834 shares of the financial services provider’s stock worth $251,323,000 after purchasing an additional 1,102,563 shares during the last quarter. Finally, Close Asset Management Ltd bought a new position in shares of Capital One Financial in the third quarter worth approximately $233,087,000. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Trading Up 2.3%

NYSE COF opened at $197.48 on Tuesday. The firm has a market cap of $122.82 billion, a PE ratio of 66.72, a price-to-earnings-growth ratio of 0.60 and a beta of 1.14. Capital One Financial Corporation has a 1-year low of $157.89 and a 1-year high of $259.64. The stock has a 50-day moving average of $194.75 and a 200-day moving average of $214.85. 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 (NYSE:COF) last posted its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.14 by ($0.28). The company had revenue of $15.62 billion for the quarter, compared to the consensus estimate of $15.49 billion. Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.Capital One Financial’s revenue was up 53.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.67 earnings per share. As a group, sell-side analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were issued a $0.80 dividend. The ex-dividend date was Thursday, February 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. Capital One Financial’s dividend payout ratio (DPR) is currently 108.11%.

Insider Activity

In other news, insider Jason P. Hanson sold 3,729 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total value of $764,445.00. Following the transaction, the insider owned 40,230 shares in the company, valued at approximately $8,247,150. This trade represents a 8.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Celia Karam sold 2,108 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $218.25, for a total transaction of $460,071.00. Following the completion of the transaction, the insider owned 59,269 shares in the company, valued at $12,935,459.25. This represents a 3.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 50,047 shares of company stock worth $9,742,217 over the last ninety days. Company insiders own 1.26% of the company’s stock.

Analyst Ratings Changes

COF has been the topic of several research analyst reports. Barclays decreased their price objective on shares of Capital One Financial from $287.00 to $226.00 and set an “overweight” rating on the stock in a research report on Monday, April 6th. Wolfe Research decreased their price objective on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a research report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a research report on Friday, January 23rd. JPMorgan Chase & Co. upgraded shares of Capital One Financial from a “neutral” rating to an “overweight” rating and decreased their price objective for the stock from $256.00 to $213.00 in a research report on Thursday, April 9th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $262.95.

Capital One Financial Company 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.