Capital One Financial Corporation $COF Shares Acquired by Fisher Funds Management LTD

Fisher Funds Management LTD lifted its stake in Capital One Financial Corporation (NYSE:COF) by 1,636.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 101,321 shares of the financial services provider’s stock after buying an additional 95,487 shares during the quarter. Fisher Funds Management LTD’s holdings in Capital One Financial were worth $18,484,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Evolution Wealth Management Inc. lifted its holdings in Capital One Financial by 529.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 90 shares during the period. VSM Wealth Advisory LLC purchased a new stake in Capital One Financial in the 4th quarter worth approximately $27,000. Cherry Tree Wealth Management LLC boosted its position in Capital One Financial by 1,312.5% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 105 shares in the last quarter. Strive Asset Management LLC acquired a new stake in shares of Capital One Financial during the 3rd quarter worth approximately $28,000. Finally, Osterweis Capital Management Inc. purchased a new position in shares of Capital One Financial during the 4th quarter valued at approximately $29,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Lia Dean sold 1,692 shares of Capital One Financial stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total transaction of $314,052.12. Following the transaction, the insider owned 65,454 shares in the company, valued at approximately $12,148,916.94. This trade represents a 2.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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 stock was sold at an average price of $192.58, for a total value of $336,822.42. Following the transaction, the insider owned 61,579 shares in the company, valued at approximately $11,858,883.82. The trade was a 2.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 8,040 shares of company stock worth $1,498,615 over the last ninety days. Corporate insiders own 0.78% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on COF shares. Rothschild & Co Redburn decreased 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 Wednesday, April 29th. Wells Fargo & Company dropped their price target on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Royal Bank Of Canada cut their price objective on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a report on Friday, April 10th. UBS Group decreased their price objective on shares of Capital One Financial from $283.00 to $270.00 in a research report on Wednesday, May 6th. Finally, Argus lowered their target price on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Seventeen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.75.

Capital One Financial Stock Performance

COF opened at $201.94 on Monday. The firm has a market capitalization of $125.66 billion, a PE ratio of 70.86, a PEG ratio of 0.73 and a beta of 1.03. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64. The firm’s 50-day moving average price is $190.70 and its 200 day moving average price is $206.72. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). The business had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The firm’s revenue was up 52.3% on a year-over-year basis. During the same period in the prior year, the company posted $4.06 EPS. As a group, sell-side analysts expect that Capital One Financial Corporation will post 19.51 EPS 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 issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. 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.