Rockefeller Capital Management L.P. Boosts Holdings in Capital One Financial Corporation $COF

Rockefeller Capital Management L.P. boosted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 21.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 246,517 shares of the financial services provider’s stock after purchasing an additional 43,813 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Capital One Financial were worth $59,746,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of COF. World Investment Advisors grew its holdings in Capital One Financial by 26.8% during the fourth quarter. World Investment Advisors now owns 18,825 shares of the financial services provider’s stock worth $4,562,000 after acquiring an additional 3,975 shares during the period. Nalls Sherbakoff Group LLC purchased a new stake in Capital One Financial in the 4th quarter worth approximately $238,000. Meadowbrook Advisors Group LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth approximately $240,000. Green Ridge Wealth Planning LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth approximately $430,000. Finally, Corient Private Wealth LLC increased its holdings in shares of Capital One Financial by 1.6% during the 4th quarter. Corient Private Wealth LLC now owns 499,783 shares of the financial services provider’s stock valued at $121,162,000 after purchasing an additional 8,005 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on COF. The Goldman Sachs Group lowered their price target on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a report on Tuesday, April 7th. BTIG Research reaffirmed a “buy” rating and issued a $224.00 price objective on shares of Capital One Financial in a report on Wednesday, April 22nd. JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Rothschild & Co Redburn lowered their target price on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, Morgan Stanley dropped their target price on 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. Seventeen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $258.75.

Insider Activity

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total value of $643,755.00. Following 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 dated 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 in the company, valued at approximately $12,148,916.94. The trade was a 2.52% 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 worth $1,498,615 over the last 90 days. 0.78% of the stock is currently owned by company insiders.

Capital One Financial Trading Up 0.2%

Shares of NYSE:COF opened at $201.94 on Friday. Capital One Financial Corporation has a 1 year low of $174.24 and a 1 year high of $259.64. The firm has a market capitalization of $125.66 billion, a price-to-earnings ratio of 70.86, a price-to-earnings-growth ratio of 0.73 and a beta of 1.03. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03. The business’s 50 day moving average price is $190.70 and its 200-day moving average price is $206.82.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate of $5.08 by ($0.66). The company had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.Capital One Financial’s revenue was up 52.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.06 EPS. On average, 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 business also recently announced 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 was Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. Capital One Financial’s dividend payout ratio (DPR) is 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.