State Street Corp raised its position in Capital One Financial Corp. (NYSE:COF) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,114,958 shares of the financial services provider’s stock after purchasing an additional 234,697 shares during the quarter. State Street Corp owned about 4.53% of Capital One Financial worth $2,172,940,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of COF. Wealthcare Advisory Partners LLC acquired a new position in shares of Capital One Financial in the 4th quarter worth approximately $25,000. Resources Management Corp CT ADV purchased a new stake in Capital One Financial during the 3rd quarter worth approximately $27,000. Crewe Advisors LLC purchased a new stake in Capital One Financial during the 4th quarter worth approximately $29,000. CNB Bank purchased a new stake in Capital One Financial during the 4th quarter worth approximately $30,000. Finally, Barnett & Company Inc. increased its stake in Capital One Financial by 1,352.4% during the 4th quarter. Barnett & Company Inc. now owns 305 shares of the financial services provider’s stock worth $31,000 after buying an additional 284 shares during the period. Institutional investors own 89.00% of the company’s stock.
COF has been the topic of a number of recent analyst reports. Royal Bank of Canada increased their price objective on shares of Capital One Financial from $98.00 to $105.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Morgan Stanley reissued a “hold” rating and issued a $104.00 price objective on shares of Capital One Financial in a research report on Tuesday, October 29th. ValuEngine downgraded shares of Capital One Financial from a “sell” rating to a “strong sell” rating in a research report on Saturday, February 1st. Piper Sandler increased their price objective on shares of Capital One Financial from $109.00 to $117.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Finally, Nomura increased their price objective on shares of Capital One Financial from $108.00 to $111.00 and gave the company a “neutral” rating in a research report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $114.77.
Shares of NYSE COF traded down $0.44 during mid-day trading on Friday, reaching $102.34. The company had a trading volume of 95,189 shares, compared to its average volume of 2,171,868. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.95. The firm has a 50 day simple moving average of $102.54 and a two-hundred day simple moving average of $95.47. The stock has a market cap of $47.85 billion, a P/E ratio of 9.27, a PEG ratio of 0.99 and a beta of 1.25. Capital One Financial Corp. has a 52-week low of $78.45 and a 52-week high of $107.59.
Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $2.49 EPS for the quarter, beating the Zacks’ consensus estimate of $2.35 by $0.14. The firm had revenue of $7.40 billion for the quarter, compared to the consensus estimate of $7.32 billion. Capital One Financial had a net margin of 16.40% and a return on equity of 10.67%. The company’s revenue was up 5.5% on a year-over-year basis. During the same period last year, the firm posted $1.87 EPS. On average, equities analysts expect that Capital One Financial Corp. will post 11.72 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Monday, February 10th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date is Friday, February 7th. Capital One Financial’s dividend payout ratio (DPR) is 13.23%.
In related news, Director Bradford H. Warner sold 8,113 shares of the stock in a transaction on Friday, December 20th. The shares were sold at an average price of $104.36, for a total transaction of $846,672.68. Following the completion of the sale, the director now owns 47,543 shares in the company, valued at approximately $4,961,587.48. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Yajnik Sanjiv sold 13,925 shares of the stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of $107.01, for a total transaction of $1,490,114.25. Following the sale, the insider now owns 97,148 shares of the company’s stock, valued at approximately $10,395,807.48. The disclosure for this sale can be found here. Insiders sold a total of 217,908 shares of company stock worth $22,176,673 over the last ninety days. Insiders own 1.43% of the company’s stock.
About Capital One Financial
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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