Korea Investment CORP Has $106.57 Million Stock Holdings in Capital One Financial Corporation $COF

Korea Investment CORP decreased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 4.9% during the 4th quarter, Holdings Channel reports. The firm owned 439,721 shares of the financial services provider’s stock after selling 22,629 shares during the quarter. Korea Investment CORP’s holdings in Capital One Financial were worth $106,571,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in COF. Brighton Jones LLC increased its holdings in Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after purchasing an additional 10,428 shares in the last quarter. Intech Investment Management LLC increased its holdings in Capital One Financial by 44.3% in the first quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after purchasing an additional 2,753 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in Capital One Financial by 118.3% in the second quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock worth $702,000 after purchasing an additional 1,788 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Capital One Financial in the second quarter worth approximately $218,000. Finally, Jump Financial LLC bought a new stake in Capital One Financial in the second quarter worth approximately $1,086,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Up 1.3%

NYSE COF opened at $184.44 on Friday. The firm has a market capitalization of $114.78 billion, a P/E ratio of 64.72, a PEG ratio of 0.65 and a beta of 1.03. The business has a fifty day simple moving average of $189.13 and a 200 day simple moving average of $207.36. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The company had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The company’s quarterly revenue was up 52.3% compared to the same quarter last year. During the same period in the previous year, the company posted $4.06 earnings per share. On average, analysts predict that Capital One Financial Corporation will post 19.51 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, May 19th. Capital One Financial’s dividend payout ratio is presently 112.28%.

Insider Activity at Capital One Financial

In related news, insider Lia Dean sold 1,692 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total value of $314,052.12. Following the completion of the sale, the insider directly owned 65,454 shares of the company’s stock, valued at approximately $12,148,916.94. This represents a 2.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total value of $643,755.00. Following the completion of the sale, the general counsel directly owned 97,194 shares of the company’s stock, valued at $17,876,892.42. The trade was a 3.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 8,040 shares of company stock valued at $1,498,615. 0.78% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada lowered their target price on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a report on Friday, April 10th. Deutsche Bank Aktiengesellschaft lowered their target price on Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a report on Wednesday, April 22nd. Rothschild & Co Redburn reduced their price objective on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Morgan Stanley reduced their price objective on Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a research note on Thursday, April 16th. Finally, UBS Group reduced their price objective on Capital One Financial from $283.00 to $270.00 in a research note on Wednesday, May 6th. Seventeen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $258.75.

About Capital One Financial

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.