Siemens Fonds Invest GmbH Grows Stock Position in Capital One Financial Co. (NYSE:COF)

Siemens Fonds Invest GmbH boosted its position in Capital One Financial Co. (NYSE:COF) by 2,139.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 92,431 shares of the financial services provider’s stock after purchasing an additional 88,304 shares during the quarter. Capital One Financial comprises approximately 0.8% of Siemens Fonds Invest GmbH’s investment portfolio, making the stock its 22nd largest position. Siemens Fonds Invest GmbH’s holdings in Capital One Financial were worth $16,482,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in COF. Bfsg LLC acquired a new position in Capital One Financial during the fourth quarter worth about $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Capital One Financial in the 4th quarter worth approximately $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth approximately $29,000. SBI Securities Co. Ltd. purchased a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $32,000. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $32,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of the business’s stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the sale, the director now directly owns 56,244 shares in the company, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Zamsky sold 9,560 shares of the business’s stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the sale, the insider now directly owns 20,089 shares in the company, valued at approximately $4,005,746.60. This represents a 32.24% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of recent research reports. JPMorgan Chase & Co. lowered their price objective on Capital One Financial from $198.00 to $170.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 8th. Wells Fargo & Company boosted their price target on shares of Capital One Financial from $210.00 to $225.00 and gave the company an “overweight” rating in a research report on Thursday, April 24th. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. BTIG Research upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 target price on the stock in a report on Tuesday, March 25th. Finally, Baird R W raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $207.73.

Capital One Financial Stock Performance

Shares of COF stock opened at $197.40 on Friday. The firm has a 50 day moving average of $175.05 and a two-hundred day moving average of $183.43. The stock has a market capitalization of $75.63 billion, a PE ratio of 17.03, a P/E/G ratio of 1.19 and a beta of 1.13. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping the consensus estimate of $3.75 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10 billion during the quarter, compared to analysts’ expectations of $10.07 billion. On average, research analysts predict that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.60 per share. The ex-dividend date is Friday, May 23rd. This represents a $2.40 annualized dividend and a dividend yield of 1.22%. Capital One Financial’s dividend payout ratio is currently 20.15%.

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.