Aptus Capital Advisors LLC Boosts Holdings in Capital One Financial Corporation $COF

Aptus Capital Advisors LLC lifted its stake in Capital One Financial Corporation (NYSE:COF) by 331.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,506 shares of the financial services provider’s stock after purchasing an additional 29,576 shares during the period. Aptus Capital Advisors LLC’s holdings in Capital One Financial were worth $9,332,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Victory Capital Management Inc. increased its stake in Capital One Financial by 16.6% during the 3rd quarter. Victory Capital Management Inc. now owns 378,450 shares of the financial services provider’s stock valued at $80,451,000 after purchasing an additional 53,961 shares in the last quarter. APG Asset Management N.V. grew its stake in shares of Capital One Financial by 12.9% in the third quarter. APG Asset Management N.V. now owns 416,935 shares of the financial services provider’s stock worth $88,632,000 after acquiring an additional 47,627 shares during the period. Swiss Life Asset Management Ltd grew its stake in shares of Capital One Financial by 16.4% in the third quarter. Swiss Life Asset Management Ltd now owns 104,192 shares of the financial services provider’s stock worth $22,149,000 after acquiring an additional 14,700 shares during the period. Waverton Investment Management Ltd grew its stake in shares of Capital One Financial by 1,390.9% in the third quarter. Waverton Investment Management Ltd now owns 1,181,834 shares of the financial services provider’s stock worth $251,323,000 after acquiring an additional 1,102,563 shares during the period. Finally, Picton Mahoney Asset Management grew its stake in shares of Capital One Financial by 41.1% in the third quarter. Picton Mahoney Asset Management now owns 165,686 shares of the financial services provider’s stock worth $35,220,000 after acquiring an additional 48,243 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Trading Down 0.2%

Shares of COF opened at $184.44 on Monday. The company’s fifty day moving average is $189.13 and its 200 day moving average is $207.34. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64. The stock has a market capitalization of $114.78 billion, a PE ratio of 64.72, a P/E/G ratio of 0.66 and a beta of 1.03. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. During the same quarter in the prior year, the firm posted $4.06 EPS. The company’s revenue for the quarter was up 52.3% on a year-over-year basis. Sell-side analysts expect that Capital One Financial Corporation will post 19.51 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were paid a dividend of $0.80 per share. 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 Tuesday, May 19th. Capital One Financial’s payout ratio is currently 112.28%.

Insider Activity

In other news, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction 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 sale, the insider directly owned 61,579 shares of the company’s stock, valued at approximately $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the transaction, the general counsel owned 97,194 shares in the company, valued at approximately $17,876,892.42. The trade was a 3.48% 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. Over the last ninety days, insiders sold 8,040 shares of company stock valued at $1,498,615. 0.78% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently commented on COF shares. Royal Bank Of Canada reduced their price target on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a research note on Friday, April 10th. UBS Group reduced their price target on shares of Capital One Financial from $283.00 to $270.00 in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. BTIG Research reiterated a “buy” rating and issued a $224.00 price target on shares of Capital One Financial in a research note on Wednesday, April 22nd. Finally, TD Cowen dropped their price objective 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. Seventeen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.75.

Capital One Financial 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.