Shepherd Street Advisors LLC Makes New Investment in Capital One Financial Corporation $COF

Shepherd Street Advisors LLC acquired a new position in Capital One Financial Corporation (NYSE:COF) in the 4th quarter, HoldingsChannel reports. The firm acquired 3,997 shares of the financial services provider’s stock, valued at approximately $969,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. VSM Wealth Advisory LLC purchased a new position in Capital One Financial during the fourth quarter valued at $27,000. Cherry Tree Wealth Management LLC raised its stake in Capital One Financial by 1,312.5% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $27,000 after buying an additional 105 shares during the last quarter. Olistico Wealth LLC purchased a new position in Capital One Financial during the fourth quarter valued at $30,000. Rakuten Securities Inc. raised its stake in Capital One Financial by 550.0% during the fourth quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock valued at $32,000 after buying an additional 110 shares during the last quarter. Finally, Strive Asset Management LLC purchased a new position in Capital One Financial during the third quarter valued at $28,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 0.4%

Capital One Financial stock opened at $183.82 on Wednesday. The firm has a market cap of $114.39 billion, a price-to-earnings ratio of 64.50, a PEG ratio of 0.68 and a beta of 1.03. The stock has a fifty day simple moving average of $189.21 and a two-hundred day simple moving average of $209.03. Capital One Financial Corporation has a 12 month low of $174.98 and a 12 month high of $259.64. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm’s revenue for the quarter was up 52.3% on a year-over-year basis. During the same period in the previous year, the business posted $4.06 EPS. Equities analysts predict that Capital One Financial Corporation will post 19.14 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were issued a $0.80 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. Capital One Financial’s dividend payout ratio (DPR) is presently 112.28%.

Insiders Place Their Bets

In other Capital One Financial news, insider Lia Dean sold 1,692 shares of Capital One Financial stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total value of $314,052.12. Following the completion of the sale, the insider owned 65,454 shares of the company’s stock, valued at approximately $12,148,916.94. This trade represents a 2.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total value of $643,755.00. Following the completion of the sale, the general counsel directly owned 97,194 shares of the company’s stock, valued at $17,876,892.42. The trade was a 3.48% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 8,040 shares of company stock valued at $1,498,615. Corporate insiders own 0.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on COF. Deutsche Bank Aktiengesellschaft lowered their price objective on Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. Wells Fargo & Company lowered their price objective on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Royal Bank Of Canada lowered their price objective on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a research note on Friday, April 10th. Morgan Stanley lowered their price objective on Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a research note on Thursday, April 16th. Finally, TD Cowen lowered their price objective on Capital One Financial from $290.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, March 31st. Seventeen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $258.75.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.