Cwm LLC increased its stake in Capital One Financial Co. (NYSE: COF) by 20.0% in Q1, according to the company in its latest 13F filing with the Securities & Exchange Commission. The company held 2,602 shares of the financial services provider after acquiring 433 additional shares during the quarter. Cwm LLC’s holdings in Capital One Financial were worth $342,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently increased or reduced their stake in the company. Fisher Asset Management LLC increased its stake in Capital One Financial by 18.0% in the fourth quarter. Fisher Asset Management LLC now owns 5,836,030 shares of the financial services provider valued at $846,750,000 after acquiring an additional 890,874 shares during the period. Pzena Investment Management LLC increased its stake in Capital One Financial by 2.4% in the 4th quarter. Pzena Investment Management LLC now owns 3,900,980 shares of the financial services provider valued at $565,993,000 after acquiring an additional 91,855 shares during the period. Norges Bank bought a new position in Capital One Financial in Q4, valued at around $528,618,000. Boston Partners increased its stake in Capital One Financial by 8.1% in the fourth quarter. Boston Partners now owns 3,616,479 shares of the financial services provider valued at $525,074,000 after acquiring an additional 271,792 shares during the period. Finally, Robeco Institutional Asset Management BV increased its holding in shares of Capital One Financial by 63.4% during the fourth quarter. Robeco Institutional Asset Management BV now owns 1,401,377 shares of the financial services provider worth $203,327,000 after purchasing an additional 543,791 shares during the period. 89.31% of the shares are currently held by hedge funds and other institutional investors.
Several brokerages have recently commented on COF. Wolfe Research downgraded Capital One Financial shares from a “peer performing” rating to an “underperforming” rating and set a target price of $86.00 for the stock. in a report on Thursday, May 12. Citigroup raised its price target on shares of Capital One Financial from $185.00 to $189.00 and gave the stock a “buy” rating in a Thursday, March 24 report. Piper Sandler lowered its price target on Capital One Financial shares from $143.00 to $128.00 and set a “neutral” rating on the stock in a Wednesday, June 29 report. Wells Fargo & Company lowered its price target on Capital One Financial shares from $180.00 to $165.00 and set an “overweight” rating on the stock in a Wednesday, April 6 report. Finally, Bank of America lowered its target price on Capital One Financial shares from $185.00 to $167.00 in a Thursday, March 17 report. One equity research analyst gave the stock a sell rating, eight issued a hold rating and fourteen gave the company a buy rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $168.35.
Shares of Capital One Financial Action opened at $108.61 on Friday. Capital One Financial Co. has a fifty-two week low of $98.54 and a fifty-two week high of $177.95. The company has a debt ratio of 0.79, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market capitalization of $42.69 billion, a P/E ratio of 4.27, a P/E/G ratio of 0.31 and a beta of 1.48. The company’s 50-day moving average price is $116.02 and its two-hundred-day moving average price is $133.57.
Capital One Financial (NYSE: COF – Get a rating) last reported results on Tuesday, April 26. The financial services provider reported earnings per share of $5.62 for the quarter, beating analyst consensus estimates of $5.39 by $0.23. The company posted revenue of $8.17 billion for the quarter, versus analyst estimates of $8.02 billion. Capital One Financial had a net margin of 34.71% and a return on equity of 18.66%. The company’s quarterly revenue increased 14.9% year over year. In the same quarter last year, the company posted earnings per share of $7.03. On average, analysts expect Capital One Financial Co. to post earnings per share of 20.15 for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, May 27. Shareholders of record on Monday, May 16 received a dividend of $0.60 per share. The ex-dividend date was Friday, May 13. This represents a dividend of $2.40 on an annualized basis and a dividend yield of 2.21%. Capital One Financial’s dividend payout ratio (DPR) is currently 9.44%.
In other news, Insider Sheldon Room sold 14,504 shares of Capital One Financial in a trade on Thursday, May 26. The shares were sold at an average price of $125.00, for a total transaction of $1,813,000.00. Following the transaction, the insider now owns 68,337 shares of the company, valued at $8,542,125. The sale was disclosed in an SEC filing, which is available via the SEC website. 1.27% of the shares are currently held by insiders.
Capital One Financial Profile (Get a rating)
Capital One Financial Corporation operates as the financial services holding company for Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, Canada and the United Kingdom. It operates through three segments: Credit Cards, Consumer Banking and Business Banking.
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