Regatta Capital Group LLC Raises Holdings in Capital One Financial Co. (NYSE:COF)

Regatta Capital Group LLC lifted its position in shares of Capital One Financial Co. (NYSE:COF) by 5.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,806 shares of the financial services provider’s stock after acquiring an additional 470 shares during the quarter. Regatta Capital Group LLC’s holdings in Capital One Financial were worth $1,570,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Insigneo Advisory Services LLC increased its holdings in Capital One Financial by 15.5% in the 2nd quarter. Insigneo Advisory Services LLC now owns 2,588 shares of the financial services provider’s stock worth $340,000 after acquiring an additional 347 shares in the last quarter. AXA S.A. grew its position in shares of Capital One Financial by 311.3% in the second quarter. AXA S.A. now owns 21,517 shares of the financial services provider’s stock valued at $2,979,000 after purchasing an additional 16,286 shares during the period. AQR Capital Management LLC increased its stake in shares of Capital One Financial by 38.5% during the second quarter. AQR Capital Management LLC now owns 485,606 shares of the financial services provider’s stock worth $66,441,000 after purchasing an additional 135,048 shares in the last quarter. APG Asset Management N.V. raised its position in shares of Capital One Financial by 189.0% during the 2nd quarter. APG Asset Management N.V. now owns 43,576 shares of the financial services provider’s stock worth $5,629,000 after purchasing an additional 28,500 shares during the last quarter. Finally, MBB Public Markets I LLC purchased a new position in Capital One Financial in the 2nd quarter valued at about $3,837,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. JPMorgan Chase & Co. upped their price target on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. Robert W. Baird lifted their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a research note on Tuesday, January 14th. Finally, The Goldman Sachs Group lifted their price target on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $190.47.

Capital One Financial Stock Performance

NYSE COF opened at $203.32 on Friday. The business has a 50 day moving average price of $185.08 and a 200 day moving average price of $162.42. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 1.00. The company has a market capitalization of $77.51 billion, a P/E ratio of 17.54, a PEG ratio of 1.29 and a beta of 1.46. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $207.24.

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

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were given a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. Capital One Financial’s dividend payout ratio is presently 20.71%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the firm’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 sale, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Kara West sold 721 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the transaction, the insider now directly owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,256 shares of company stock valued at $2,462,487 in the last ninety days. Corporate insiders own 1.30% of the company’s stock.

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.