Oddo BHF Asset Management Sas Purchases 4,041 Shares of Capital One Financial Corporation $COF

Oddo BHF Asset Management Sas raised its position in shares of Capital One Financial Corporation (NYSE:COF) by 28.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,060 shares of the financial services provider’s stock after acquiring an additional 4,041 shares during the period. Oddo BHF Asset Management Sas’ holdings in Capital One Financial were worth $4,377,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of COF. Evolution Wealth Management Inc. grew its holdings in Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after buying an additional 90 shares during the last quarter. VSM Wealth Advisory LLC acquired a new stake in Capital One Financial in the 4th quarter valued at approximately $27,000. Cherry Tree Wealth Management LLC grew its holdings in Capital One Financial by 1,312.5% in the 4th 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. Strive Asset Management LLC acquired a new stake in Capital One Financial in the 3rd quarter valued at approximately $28,000. Finally, Olistico Wealth LLC acquired a new stake in Capital One Financial in the 4th quarter valued at approximately $30,000. 89.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on COF shares. Morgan Stanley dropped their target price on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. BTIG Research reaffirmed a “buy” rating and set a $224.00 target price on shares of Capital One Financial in a research report on Wednesday, April 22nd. Jefferies Financial Group reaffirmed a “buy” rating and set a $300.00 target price on shares of Capital One Financial in a research report on Monday, March 16th. Finally, Argus dropped their target price on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. 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.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $258.75.

Insider Activity at Capital One Financial

In other Capital One Financial news, 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 transaction of $643,755.00. Following the completion of the transaction, the general counsel directly owned 97,194 shares of the company’s stock, valued at approximately $17,876,892.42. This trade represents a 3.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of Capital One Financial stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total value of $314,052.12. Following the transaction, the insider directly owned 65,454 shares of the company’s stock, valued at approximately $12,148,916.94. The trade was a 2.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 quarter. 0.78% of the stock is owned by company insiders.

Capital One Financial Stock Performance

NYSE COF opened at $200.69 on Wednesday. The stock has a market cap of $124.89 billion, a P/E ratio of 70.42, a PEG ratio of 0.70 and a beta of 1.03. The company’s 50-day simple moving average is $189.76 and its 200 day simple moving average is $207.09. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64. The company has a quick ratio of 1.03, a current 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 earnings per share 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 net margin of 4.29% and a return on equity of 10.59%. The business’s revenue was up 52.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.06 EPS. As a group, research analysts forecast that Capital One Financial Corporation will post 19.51 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were paid 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 yield of 1.6%. Capital One Financial’s payout ratio is presently 112.28%.

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.