Capital International Sarl Acquires 3,957 Shares of Capital One Financial Corporation $COF

Capital International Sarl lifted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 15.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,177 shares of the financial services provider’s stock after acquiring an additional 3,957 shares during the quarter. Capital International Sarl’s holdings in Capital One Financial were worth $7,071,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of COF. Evolution Wealth Management Inc. lifted its holdings in Capital One Financial by 529.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 90 shares during the period. VSM Wealth Advisory LLC bought a new stake in Capital One Financial during the fourth quarter worth $27,000. Cherry Tree Wealth Management LLC lifted its holdings in Capital One Financial by 1,312.5% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 105 shares during the period. Strive Asset Management LLC bought a new stake in Capital One Financial during the third quarter worth $28,000. Finally, Olistico Wealth LLC bought a new stake in Capital One Financial during the fourth quarter worth $30,000. 89.84% of the stock is currently owned by institutional investors.

Insider Activity at Capital One Financial

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total value of $643,755.00. Following the completion of the transaction, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. The trade was a 3.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the completion of the transaction, the insider owned 61,579 shares of the company’s stock, valued at $11,858,883.82. This represents a 2.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 8,040 shares of company stock worth $1,498,615. Corporate insiders own 0.78% of the company’s stock.

Analysts Set New Price Targets

COF has been the topic of a number of recent analyst reports. Argus dropped their price target on Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Evercore dropped their price target on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a report on Monday, April 6th. TD Cowen lowered their price target on shares of Capital One Financial from $290.00 to $260.00 and set a “buy” rating on the stock in a report on Tuesday, March 31st. Truist Financial lowered their price target on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Finally, UBS Group lowered their price target on shares of Capital One Financial from $283.00 to $270.00 in a report on Wednesday, May 6th. Seventeen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $258.75.

Capital One Financial Trading Down 0.1%

NYSE:COF opened at $180.58 on Monday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $112.37 billion, a PE ratio of 63.36, a price-to-earnings-growth ratio of 0.66 and a beta of 1.03. The firm’s 50 day moving average is $189.03 and its 200 day moving average is $208.15. Capital One Financial Corporation has a 12 month low of $174.98 and a 12 month high of $259.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The company had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The company’s revenue for the quarter was up 52.3% compared to the same quarter last year. During the same period last year, the firm posted $4.06 EPS. Sell-side analysts expect that Capital One Financial Corporation will post 19.13 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Tuesday, May 19th. Capital One Financial’s payout ratio is currently 112.28%.

About Capital One Financial

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.