Andra AP fonden Has $41.72 Million Stock Position in Capital One Financial Corporation $COF

Andra AP fonden cut its position in Capital One Financial Corporation (NYSE:COF) by 11.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 196,231 shares of the financial services provider’s stock after selling 24,900 shares during the quarter. Andra AP fonden’s holdings in Capital One Financial were worth $41,715,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of COF. Roble Belko & Company Inc acquired a new stake in shares of Capital One Financial in the second quarter valued at about $28,000. Howard Hughes Medical Institute acquired a new stake in Capital One Financial in the 2nd quarter valued at approximately $29,000. Legacy Investment Solutions LLC bought a new position in Capital One Financial in the 2nd quarter worth approximately $30,000. Creekmur Asset Management LLC acquired a new position in shares of Capital One Financial during the second quarter worth approximately $32,000. Finally, WFA of San Diego LLC bought a new stake in shares of Capital One Financial in the second quarter valued at approximately $32,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

NYSE:COF opened at $208.43 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. The firm has a market cap of $129.63 billion, a PE ratio of 70.42, a price-to-earnings-growth ratio of 0.61 and a beta of 1.14. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $259.64. The company’s 50-day moving average price is $228.33 and its two-hundred day moving average price is $223.04.

Capital One Financial (NYSE:COF) last announced its earnings results 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 return on equity of 10.68% and a net margin of 3.54%.During the same period last year, the company earned $2.67 earnings per share. The company’s revenue was up 53.3% compared to the same quarter last year. On average, equities analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 19th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, February 19th. Capital One Financial’s payout ratio is currently 108.11%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Lia Dean sold 3,284 shares of the business’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total value of $734,565.12. Following the completion of the transaction, the insider directly owned 70,162 shares of the company’s stock, valued at approximately $15,693,836.16. The trade was a 4.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jason P. Hanson sold 3,729 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total transaction of $764,445.00. Following the sale, the insider directly owned 40,230 shares in the company, valued at $8,247,150. This trade represents a 8.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 76,138 shares of company stock worth $16,160,598 over the last quarter. Corporate insiders own 1.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on COF shares. TD Cowen reaffirmed a “buy” rating on shares of Capital One Financial in a research report on Thursday, January 8th. Jefferies Financial Group boosted their price objective on shares of Capital One Financial from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Truist Financial reduced their target price on shares of 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. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Finally, Barclays cut their price target on Capital One Financial from $294.00 to $287.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target 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.