Capital One Financial Corporation $COF Holdings Raised by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd raised its stake in shares of Capital One Financial Corporation (NYSE:COF) by 36.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 741,137 shares of the financial services provider’s stock after buying an additional 198,013 shares during the period. Capital One Financial comprises about 0.8% of AustralianSuper Pty Ltd’s investment portfolio, making the stock its 25th biggest holding. AustralianSuper Pty Ltd’s holdings in Capital One Financial were worth $179,622,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Meridian Wealth Management LLC increased its position in Capital One Financial by 334.8% in the 3rd quarter. Meridian Wealth Management LLC now owns 9,404 shares of the financial services provider’s stock worth $1,999,000 after purchasing an additional 7,241 shares during the last quarter. National Pension Service lifted its holdings in shares of Capital One Financial by 4.0% during the 3rd quarter. National Pension Service now owns 1,552,736 shares of the financial services provider’s stock valued at $330,081,000 after buying an additional 59,100 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Capital One Financial by 17.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 129,013 shares of the financial services provider’s stock valued at $28,861,000 after buying an additional 19,059 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in Capital One Financial by 58.5% in the third quarter. B. Riley Wealth Advisors Inc. now owns 36,685 shares of the financial services provider’s stock worth $7,798,000 after buying an additional 13,539 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in Capital One Financial by 16.6% in the third quarter. Victory Capital Management Inc. now owns 378,450 shares of the financial services provider’s stock worth $80,451,000 after buying an additional 53,961 shares during the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Trading Up 2.2%

Shares of NYSE:COF opened at $185.62 on Friday. 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 stock’s 50-day moving average is $188.58 and its 200-day moving average is $211.84. The company has a market cap of $115.51 billion, a P/E ratio of 65.13, a P/E/G ratio of 0.66 and a beta of 1.05. Capital One Financial Corporation has a 52-week low of $174.98 and a 52-week high of $259.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The business had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. During the same period in the prior year, the firm posted $4.06 EPS. Capital One Financial’s revenue for the quarter was up 52.3% on a year-over-year basis. Equities research analysts predict that Capital One Financial Corporation will post 19.17 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th will be issued a dividend of $0.80 per share. The ex-dividend date is Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. Capital One Financial’s payout ratio is 112.28%.

More Capital One Financial News

Here are the key news stories impacting Capital One Financial this week:

• Positive Sentiment: Capital One announced a new $175 million senior credit facility for Centra Funding, a sign the bank is still active in lending and supporting business growth. Centra Funding Closes New $175 Million Credit Facility With Capital One
• Positive Sentiment: Some recent coverage has taken a bullish view on COF, citing an attractive forward valuation versus its trailing earnings multiple and suggesting the stock may still have room to run. Is Capital One Financial Corporation (COF) A Good Stock To Buy Now?
• Neutral Sentiment: Capital One filed a trademark-infringement lawsuit against suspected impersonation scammers, which could help protect the brand but is unlikely to move earnings immediately. Capital One Sues Impersonation Scammers for Trademark Infringement
• Neutral Sentiment: The company’s general counsel sold 3,500 shares under a pre-arranged 10b5-1 plan. While insider sales can draw attention, the automatic trading plan makes it less likely to signal a change in outlook. Matthew W. Cooper sale disclosure
• Negative Sentiment: A Yahoo Finance piece questioned buying COF ahead of its ex-dividend date, reflecting some investor caution around the near-term dividend setup. Here’s Why We’re Wary Of Buying Capital One Financial’s (NYSE:COF) For Its Upcoming Dividend

Insider Buying and Selling

In related news, insider Jason P. Hanson sold 3,729 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total transaction of $764,445.00. Following the completion of the transaction, the insider directly owned 40,230 shares in the company, valued at $8,247,150. This represents a 8.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Neal Blinde sold 38,135 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the completion of the sale, the insider directly owned 33,551 shares of the company’s stock, valued at approximately $6,391,801.01. This trade represents a 53.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 49,904 shares of company stock valued at $9,528,159 in the last ninety days. Company insiders own 0.78% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on COF shares. Wolfe Research reduced their target price on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating for the company in a research note on Friday, January 23rd. JPMorgan Chase & Co. raised their price target on shares of Capital One Financial from $213.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Morgan Stanley reduced their price objective on shares of 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. Barclays upped their price objective on shares of Capital One Financial from $226.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Finally, Wells Fargo & Company lowered their target price on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Eighteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $257.52.

Capital One Financial 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.