Gabelli Funds LLC Has $4.81 Million Stock Holdings in Capital One Financial Corporation $COF

Gabelli Funds LLC lifted its position in shares of Capital One Financial Corporation (NYSE:COF) by 37.9% during the 4th quarter, Holdings Channel reports. The firm owned 19,852 shares of the financial services provider’s stock after purchasing an additional 5,454 shares during the quarter. Gabelli Funds LLC’s holdings in Capital One Financial were worth $4,811,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of COF. Brighton Jones LLC boosted its holdings in shares of Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after buying an additional 10,428 shares during the period. Intech Investment Management LLC boosted its holdings in shares of Capital One Financial by 44.3% during the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after buying an additional 2,753 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Capital One Financial by 118.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock worth $702,000 after buying an additional 1,788 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of Capital One Financial during the 2nd quarter worth about $218,000. Finally, Jump Financial LLC bought a new stake in shares of Capital One Financial during the 2nd quarter worth about $1,086,000. Institutional investors own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the sale, the insider owned 61,579 shares of the company’s stock, valued at $11,858,883.82. The trade was a 2.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Neal Blinde sold 38,135 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 49,904 shares of company stock worth $9,528,159. Company insiders own 0.78% of the company’s stock.

Capital One Financial Stock Performance

NYSE COF opened at $187.15 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $116.46 billion, a P/E ratio of 65.67, a P/E/G ratio of 0.67 and a beta of 1.05. Capital One Financial Corporation has a 12-month low of $174.98 and a 12-month high of $259.64. The firm has a 50-day moving average price of $188.20 and a two-hundred day moving average price of $210.87.

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 (EPS) 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 for the quarter was up 52.3% on a year-over-year basis. During the same period in the prior year, the firm earned $4.06 EPS. Analysts anticipate that Capital One Financial Corporation will post 19.17 earnings per share for the current year.

Capital One Financial Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages recently commented on COF. Evercore reduced their target price on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a report on Monday, April 6th. Morgan Stanley reduced their target price on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. BTIG Research reaffirmed a “buy” rating and set a $224.00 target price on shares of Capital One Financial in a report on Wednesday, April 22nd. UBS Group reduced their target price on shares of Capital One Financial from $283.00 to $270.00 in a report on Wednesday, May 6th. Finally, Barclays boosted their price objective on shares of Capital One Financial from $226.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Seventeen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.75.

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.