Banco Bilbao Vizcaya Argentaria S.A. Has $45.65 Million Holdings in Capital One Financial Corporation $COF

Banco Bilbao Vizcaya Argentaria S.A. decreased its holdings in Capital One Financial Corporation (NYSE:COF) by 2.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 188,331 shares of the financial services provider’s stock after selling 4,322 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Capital One Financial were worth $45,645,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Evolution Wealth Management Inc. grew its holdings in shares of Capital One Financial by 529.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 90 shares in the last quarter. VSM Wealth Advisory LLC purchased a new stake in shares of Capital One Financial during the fourth quarter worth $27,000. Cherry Tree Wealth Management LLC boosted its position 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 purchasing an additional 105 shares during the last quarter. Strive Asset Management LLC acquired a new stake in Capital One Financial during the third quarter valued at $28,000. Finally, Olistico Wealth LLC purchased a new position in Capital One Financial in the fourth quarter valued at about $30,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

COF has been the subject of a number of recent research reports. JPMorgan Chase & Co. raised their price target on Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Royal Bank Of Canada dropped their price objective on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a report on Friday, April 10th. TD Cowen cut their price objective on shares of Capital One Financial from $290.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, March 31st. Truist Financial reduced their target price on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Finally, Wells Fargo & Company decreased their target price on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Seventeen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.75.

Insider Activity

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were 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 in the company, valued at approximately $17,876,892.42. The trade was a 3.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the sale, the insider directly owned 61,579 shares of the company’s stock, valued at approximately $11,858,883.82. This represents a 2.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 8,040 shares of company stock valued at $1,498,615 over the last 90 days. 0.78% of the stock is currently owned by company insiders.

Capital One Financial Stock Performance

COF opened at $200.69 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market cap of $124.89 billion, a PE ratio of 70.42, a price-to-earnings-growth ratio of 0.72 and a beta of 1.03. The stock has a 50-day moving average of $190.09 and a 200-day moving average of $206.97. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The company had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. During the same period in the previous year, the business posted $4.06 earnings per share. The firm’s revenue was up 52.3% on a year-over-year basis. As a group, equities research analysts forecast that Capital One Financial Corporation will post 19.51 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were given 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 1.6%. Capital One Financial’s dividend payout ratio (DPR) is currently 112.28%.

Capital One Financial Company Profile

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.