ANTIPODES PARTNERS Ltd Decreases Position in Capital One Financial Corporation $COF

ANTIPODES PARTNERS Ltd cut its holdings in Capital One Financial Corporation (NYSE:COF) by 26.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 696,129 shares of the financial services provider’s stock after selling 244,983 shares during the quarter. Capital One Financial makes up 3.3% of ANTIPODES PARTNERS Ltd’s holdings, making the stock its 10th biggest holding. ANTIPODES PARTNERS Ltd’s holdings in Capital One Financial were worth $147,994,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of COF. Vanguard Group Inc. boosted its stake in shares of Capital One Financial by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 56,537,167 shares of the financial services provider’s stock valued at $12,018,671,000 after purchasing an additional 156,254 shares in the last quarter. State Street Corp boosted its position in Capital One Financial by 63.4% in the second quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock valued at $5,910,500,000 after buying an additional 10,776,843 shares in the last quarter. Geode Capital Management LLC boosted its position in Capital One Financial by 64.1% in the second quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock valued at $2,970,628,000 after buying an additional 5,474,328 shares in the last quarter. Norges Bank bought a new stake in shares of Capital One Financial during the second quarter worth $1,701,511,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of Capital One Financial by 41.3% during the second quarter. Bank of New York Mellon Corp now owns 7,011,073 shares of the financial services provider’s stock worth $1,491,676,000 after buying an additional 2,050,010 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling

In other news, insider Ravi Raghu sold 13,450 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $250.00, for a total transaction of $3,362,500.00. Following the sale, the insider directly owned 30,337 shares in the company, valued at $7,584,250. This represents a 30.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Celia Karam sold 2,108 shares of the stock in a transaction dated 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 sale, the insider directly owned 59,269 shares in the company, valued at approximately $12,935,459.25. The trade was a 3.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 34,274 shares of company stock valued at $8,131,054. 1.26% of the stock is owned by company insiders.

Capital One Financial Stock Up 1.6%

COF stock opened at $208.36 on Friday. The stock has a fifty day moving average of $231.58 and a 200-day moving average of $223.31. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $259.64. The company has a market capitalization of $132.46 billion, a price-to-earnings ratio of 70.39, a PEG ratio of 0.60 and a beta of 1.14. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. Capital One Financial’s quarterly revenue was up 53.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.67 EPS. As a group, equities research analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th will be given a dividend of $0.80 per share. The ex-dividend date is Thursday, February 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s dividend payout ratio is currently 108.11%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft cut their price objective on Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a report on Friday, January 23rd. Evercore dropped their target price on Capital One Financial from $290.00 to $265.00 and set an “outperform” rating for the company in a research report on Tuesday, January 27th. Citigroup boosted their price target on Capital One Financial from $290.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday, December 31st. Truist Financial lowered 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 Monday, January 26th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus target price of $274.70.

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.