Eurizon Capital SGR S.p.A. Makes New Investment in Capital One Financial Corporation $COF

Eurizon Capital SGR S.p.A. bought a new position in shares of Capital One Financial Corporation (NYSE:COF) in the fourth quarter, HoldingsChannel.com reports. The firm bought 378,788 shares of the financial services provider’s stock, valued at approximately $91,879,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of COF. VSM Wealth Advisory LLC acquired a new position in shares of Capital One Financial during the fourth quarter valued at about $27,000. Strive Asset Management LLC acquired a new position in shares of Capital One Financial during the third quarter valued at about $28,000. Olistico Wealth LLC acquired a new position in shares of Capital One Financial during the fourth quarter valued at about $30,000. Rakuten Securities Inc. raised its position in shares of Capital One Financial by 550.0% during the fourth quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock valued at $32,000 after buying an additional 110 shares during the last quarter. Finally, WFA of San Diego LLC acquired a new position in shares of Capital One Financial during the second quarter valued at about $32,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

NYSE:COF opened at $188.06 on Friday. Capital One Financial Corporation has a 12-month low of $174.98 and a 12-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. The firm has a market capitalization of $117.03 billion, a PE ratio of 65.98, a price-to-earnings-growth ratio of 0.69 and a beta of 1.05. The firm has a 50-day moving average price of $189.11 and a 200 day moving average price of $209.36.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $15.68 billion. During the same period last year, the company earned $4.06 EPS. The business’s revenue for the quarter was up 52.3% on a year-over-year basis. Research analysts anticipate that Capital One Financial Corporation will post 19.14 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts have recently commented on COF shares. Argus cut their price objective on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. The Goldman Sachs Group cut their price objective on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. Wells Fargo & Company cut their price objective on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. UBS Group cut their price objective on shares of Capital One Financial from $283.00 to $270.00 in a research report on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. Seventeen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $258.75.

Insider Buying and Selling

In related news, insider Celia Karam sold 1,749 shares of the 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 transaction, the insider owned 61,579 shares of the company’s stock, valued at $11,858,883.82. This represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the stock in a transaction dated 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 $17,876,892.42. This trade represents a 3.48% decrease in their position. 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 sold 8,040 shares of company stock valued at $1,498,615 over the last quarter. Corporate insiders own 0.78% of the company’s stock.

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.