CX Institutional Grows Stock Holdings in Capital One Financial Co. (NYSE:COF)

CX Institutional grew its holdings in Capital One Financial Co. (NYSE:COF) by 15.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 31,535 shares of the financial services provider’s stock after acquiring an additional 4,210 shares during the period. CX Institutional’s holdings in Capital One Financial were worth $5,623,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. 1832 Asset Management L.P. raised its position in Capital One Financial by 12.9% in the second quarter. 1832 Asset Management L.P. now owns 19,236 shares of the financial services provider’s stock valued at $2,663,000 after purchasing an additional 2,205 shares during the period. Gabelli Funds LLC boosted its position in shares of Capital One Financial by 1.0% in the second quarter. Gabelli Funds LLC now owns 15,450 shares of the financial services provider’s stock worth $2,139,000 after buying an additional 150 shares during the period. Evergreen Capital Management LLC grew its stake in shares of Capital One Financial by 11.2% in the second quarter. Evergreen Capital Management LLC now owns 4,283 shares of the financial services provider’s stock valued at $593,000 after buying an additional 430 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of Capital One Financial by 2,960.8% during the 2nd quarter. Marshall Wace LLP now owns 222,186 shares of the financial services provider’s stock valued at $30,762,000 after buying an additional 214,927 shares during the period. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in Capital One Financial by 60.5% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 73,190 shares of the financial services provider’s stock worth $10,133,000 after acquiring an additional 27,576 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Bank of America lowered shares of Capital One Financial from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $203.00 to $200.00 in a research note on Monday, December 9th. Barclays lifted their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday. Royal Bank of Canada upped their price objective on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday. Keefe, Bruyette & Woods lifted their target price on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Finally, Truist Financial started coverage on Capital One Financial in a report on Tuesday, January 7th. They issued a “buy” rating and a $229.00 price target for the company. Ten research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Hold” and an average price target of $190.47.

Insider Buying and Selling at Capital One Financial

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the transaction, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the sale, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,256 shares of company stock valued at $2,462,487 in the last quarter. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Stock Down 0.8 %

NYSE:COF opened at $202.49 on Friday. The company has a current ratio of 0.98, a quick ratio of 1.00 and a debt-to-equity ratio of 0.74. The stock has a 50 day moving average of $184.29 and a 200-day moving average of $161.66. The firm has a market capitalization of $77.19 billion, a PE ratio of 17.49, a price-to-earnings-growth ratio of 1.29 and a beta of 1.46. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $207.24.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10,220,675.12 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the business earned $2.81 EPS. Analysts predict that Capital One Financial Co. will post 15.22 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.