Capital One Financial Co. (NYSE:COF) Stock Position Raised by CX Institutional

CX Institutional boosted its position in shares of Capital One Financial Co. (NYSE:COF) by 15.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 31,535 shares of the financial services provider’s stock after purchasing an additional 4,210 shares during the period. CX Institutional’s holdings in Capital One Financial were worth $5,623,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of Capital One Financial by 0.5% in the third quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock worth $2,471,572,000 after buying an additional 74,784 shares during the period. Franklin Resources Inc. lifted its stake in Capital One Financial by 2.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock worth $1,649,488,000 after acquiring an additional 280,462 shares in the last quarter. Fisher Asset Management LLC boosted its position in Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock worth $1,451,527,000 after acquiring an additional 72,097 shares during the period. Geode Capital Management LLC grew its stake in Capital One Financial by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider’s stock valued at $1,198,664,000 after acquiring an additional 159,616 shares in the last quarter. Finally, FMR LLC increased its holdings in shares of Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after purchasing an additional 1,169,395 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on COF. Robert W. Baird boosted their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Wells Fargo & Company lifted their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Bank of America downgraded shares of Capital One Financial from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. The Goldman Sachs Group boosted their target price on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Finally, Evercore ISI upped their target price on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Ten research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $190.47.

Insider Activity at Capital One Financial

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the transaction, the insider now directly owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,256 shares of company stock worth $2,462,487 in the last ninety days. 1.30% of the stock is currently owned by insiders.

Capital One Financial Stock Performance

NYSE:COF opened at $202.49 on Friday. The firm has a market capitalization of $77.19 billion, a PE ratio of 17.49, a PEG ratio of 1.29 and a beta of 1.46. The company has a current ratio of 0.98, a quick ratio of 1.00 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $207.24. The firm’s fifty day simple moving average is $184.29 and its 200 day simple moving average is $161.66.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10,220,675.12 billion. During the same period in the previous year, the company posted $2.81 earnings per share. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, sell-side analysts anticipate that Capital One Financial Co. will post 15.22 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is currently 20.71%.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.