Capitolis Liquid Global Markets LLC Buys 11,900 Shares of Capital One Financial Corporation $COF

Capitolis Liquid Global Markets LLC lifted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 8.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 155,000 shares of the financial services provider’s stock after acquiring an additional 11,900 shares during the quarter. Capitolis Liquid Global Markets LLC’s holdings in Capital One Financial were worth $37,566,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Evolution Wealth Management Inc. grew its stake in Capital One Financial by 529.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 90 shares during the period. VSM Wealth Advisory LLC purchased a new position in shares of Capital One Financial during the fourth quarter valued at approximately $27,000. Cherry Tree Wealth Management LLC boosted its position in shares of Capital One Financial by 1,312.5% during the fourth 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 purchased a new position in shares of Capital One Financial during the third quarter valued at approximately $28,000. Finally, Olistico Wealth LLC purchased a new position in shares of Capital One Financial during the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on COF. UBS Group cut their target price on Capital One Financial from $283.00 to $270.00 in a research report on Wednesday, May 6th. Rothschild & Co Redburn dropped their price target on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Morgan Stanley dropped their price target on Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Evercore dropped their price target on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a report on Monday, April 6th. Finally, TD Cowen dropped their price target on Capital One Financial from $290.00 to $260.00 and set a “buy” rating on the stock in a report on Tuesday, March 31st. Seventeen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus target price of $258.75.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $200.69 on Thursday. The business’s fifty day simple moving average is $190.09 and its 200 day simple moving average is $206.97. The firm has a market capitalization of $124.89 billion, a P/E ratio of 70.42, a price-to-earnings-growth ratio of 0.72 and a beta of 1.03. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46.

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 analysts’ consensus estimates of $5.08 by ($0.66). The business had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The business’s revenue was up 52.3% compared to the same quarter last year. During the same quarter last year, the business posted $4.06 earnings per share. As a group, analysts anticipate that Capital One Financial Corporation will post 19.51 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were paid 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 payout ratio is presently 112.28%.

Insider Buying and Selling 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 on Friday, May 1st. The stock was sold at an average price of $192.58, for a total value of $336,822.42. Following the sale, the insider directly owned 61,579 shares in the company, valued at $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available 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 the business’s 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 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 ninety days. 0.78% of the stock is currently owned by company insiders.

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.