Virtu Financial LLC raised its position in Capital One Financial Corp. (NYSE:COF) by 9.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 7,543 shares of the financial services provider’s stock after buying an additional 681 shares during the period. Virtu Financial LLC’s holdings in Capital One Financial were worth $751,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Cerebellum GP LLC bought a new position in Capital One Financial in the 4th quarter valued at $127,000. SeaCrest Wealth Management LLC acquired a new position in shares of Capital One Financial in the 4th quarter valued at $141,000. Camelot Portfolios LLC acquired a new position in shares of Capital One Financial in the 3rd quarter valued at $201,000. Gould Asset Management LLC CA acquired a new position in shares of Capital One Financial in the 3rd quarter valued at $203,000. Finally, Bronfman E.L. Rothschild L.P. lifted its stake in shares of Capital One Financial by 48.4% in the 3rd quarter. Bronfman E.L. Rothschild L.P. now owns 2,451 shares of the financial services provider’s stock valued at $207,000 after purchasing an additional 799 shares during the period. Hedge funds and other institutional investors own 88.66% of the company’s stock.
In other Capital One Financial news, insider Robert M. Alexander sold 5,000 shares of Capital One Financial stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $92.18, for a total value of $460,900.00. Following the sale, the insider now owns 89,603 shares of the company’s stock, valued at approximately $8,259,604.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bradford H. Warner sold 3,000 shares of Capital One Financial stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $99.46, for a total value of $298,380.00. Following the completion of the sale, the director now directly owns 53,085 shares in the company, valued at approximately $5,279,834.10. The disclosure for this sale can be found here. Insiders have sold a total of 960,555 shares of company stock worth $97,981,047 in the last ninety days. 1.73% of the stock is currently owned by company insiders.
Shares of Capital One Financial Corp. (NYSE COF) opened at $99.25 on Wednesday. The company has a market capitalization of $48,993.43, a price-to-earnings ratio of 28.77, a P/E/G ratio of 0.92 and a beta of 1.33. Capital One Financial Corp. has a 12 month low of $76.05 and a 12 month high of $106.50. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.07 and a current ratio of 1.08.
Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 23rd. The financial services provider reported $1.62 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.85 by ($0.23). The business had revenue of $7 billion for the quarter, compared to analyst estimates of $7.12 billion. Capital One Financial had a return on equity of 8.36% and a net margin of 6.89%. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.45 EPS. analysts expect that Capital One Financial Corp. will post 9.72 earnings per share for the current fiscal year.
Capital One Financial announced that its board has initiated a stock buyback plan on Tuesday, December 26th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the financial services provider to reacquire shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.61%. The ex-dividend date was Friday, February 9th. Capital One Financial’s payout ratio is presently 46.38%.
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Capital One Financial Company Profile
Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.
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