Capital One Financial Corporation $COF Shares Bought by DAVENPORT & Co LLC

DAVENPORT & Co LLC lifted its position in shares of Capital One Financial Corporation (NYSE:COF) by 5.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 76,830 shares of the financial services provider’s stock after acquiring an additional 4,073 shares during the period. DAVENPORT & Co LLC’s holdings in Capital One Financial were worth $18,621,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. ARS Wealth Advisors Group LLC bought a new stake in Capital One Financial in the 4th quarter valued at about $225,000. Daymark Wealth Partners LLC grew its position in Capital One Financial by 7.3% in the 4th quarter. Daymark Wealth Partners LLC now owns 5,508 shares of the financial services provider’s stock worth $1,335,000 after purchasing an additional 376 shares during the last quarter. Focus Financial Network Inc. grew its position in Capital One Financial by 2.8% in the 4th quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock worth $380,000 after purchasing an additional 43 shares during the last quarter. JGP Wealth Management LLC acquired a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $232,000. Finally, Atlas Brown Inc. acquired a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $224,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Up 0.3%

Capital One Financial stock opened at $185.25 on Thursday. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $259.64. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a market capitalization of $115.21 billion, a PE ratio of 62.58, a price-to-earnings-growth ratio of 0.55 and a beta of 1.14. The firm has a 50 day simple moving average of $205.47 and a 200-day simple moving average of $218.48.

Capital One Financial (NYSE:COFGet Free Report) 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). The firm had revenue of $15.62 billion for the quarter, compared to the consensus estimate of $15.49 billion. Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.Capital One Financial’s revenue for the quarter was up 53.3% on a year-over-year basis. During the same period in the previous year, the firm earned $2.67 EPS. As a group, equities research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, February 19th. Capital One Financial’s payout ratio is currently 108.11%.

Trending Headlines about Capital One Financial

Here are the key news stories impacting Capital One Financial this week:

Insider Buying and Selling

In other news, insider Celia Karam sold 2,108 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $218.25, for a total value of $460,071.00. Following the completion of the sale, the insider owned 59,269 shares in the company, valued at $12,935,459.25. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $250.00, for a total value of $500,000.00. Following the transaction, the general counsel directly owned 92,486 shares of the company’s stock, valued at $23,121,500. This represents a 2.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 67,933 shares of company stock worth $14,363,897. 1.26% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research report on Monday, December 29th. Morgan Stanley lifted their target price on Capital One Financial from $280.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft reduced their price target on Capital One Financial from $263.00 to $256.00 and set a “hold” rating for the company in a research report on Friday, January 23rd. Royal Bank Of Canada reissued a “sector perform” rating and issued a $275.00 price target on shares of Capital One Financial in a research note on Monday, January 12th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $300.00 price target on shares of Capital One Financial in a report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $275.95.

Get Our Latest Report on COF

Capital One Financial Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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