Deprince Race & Zollo Inc. Raises Stock Holdings in Capital One Financial Corporation $COF

Deprince Race & Zollo Inc. lifted its stake in Capital One Financial Corporation (NYSE:COF) by 7.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 99,981 shares of the financial services provider’s stock after buying an additional 6,821 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in Capital One Financial were worth $21,254,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in COF. WPG Advisers LLC purchased a new position in Capital One Financial during the first quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC increased its stake in shares of Capital One Financial by 103.3% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 62 shares in the last quarter. Olistico Wealth LLC raised its position in shares of Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 101 shares during the period. Saudi Central Bank purchased a new position in shares of Capital One Financial during the 1st quarter valued at $27,000. Finally, RMG Wealth Management LLC purchased a new position in shares of Capital One Financial during the 2nd quarter valued at $27,000. 89.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

COF has been the subject of a number of analyst reports. Morgan Stanley reiterated an “overweight” rating and issued a $280.00 price target on shares of Capital One Financial in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft upped their price objective on Capital One Financial from $240.00 to $263.00 and gave the stock a “hold” rating in a research note on Wednesday, December 17th. Jefferies Financial Group increased their target price on Capital One Financial from $265.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Wolfe Research started coverage on Capital One Financial in a report on Monday, December 8th. They issued an “outperform” rating and a $270.00 price target on the stock. Finally, JPMorgan Chase & Co. upped their price target on Capital One Financial from $235.00 to $237.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $267.45.

Capital One Financial Price Performance

NYSE:COF opened at $249.58 on Friday. The business’s 50-day moving average is $224.67 and its 200 day moving average is $218.62. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $249.73. The company has a market capitalization of $158.67 billion, a P/E ratio of 105.31, a P/E/G ratio of 0.57 and a beta of 1.16. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. The business had revenue of $15.46 billion for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. On average, equities research analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was Monday, November 17th. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 dividend on an annualized basis and a yield of 1.3%. Capital One Financial’s payout ratio is currently 135.02%.

Insider Buying and Selling at Capital One Financial

In related news, insider Neal Blinde sold 43,200 shares of the stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $221.83, for a total value of $9,583,056.00. Following the completion of the transaction, the insider owned 73,020 shares of the company’s stock, valued at approximately $16,198,026.60. This trade represents a 37.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Richard D. Fairbank sold 103,487 shares of Capital One Financial stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $220.68, for a total value of $22,837,511.16. Following the completion of the transaction, the chief executive officer owned 4,001,228 shares of the company’s stock, valued at approximately $882,990,995.04. This represents a 2.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 280,218 shares of company stock valued at $62,395,804 over the last ninety days. Corporate insiders own 1.26% of the company’s stock.

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.