Requisite Capital Management LLC Has $303,000 Stake in Capital One Financial Corporation $COF

Requisite Capital Management LLC reduced its holdings in Capital One Financial Corporation (NYSE:COF) by 74.1% during the 4th quarter, Holdings Channel reports. The fund owned 1,252 shares of the financial services provider’s stock after selling 3,573 shares during the quarter. Requisite Capital Management LLC’s holdings in Capital One Financial were worth $303,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Meridian Wealth Management LLC increased its holdings in Capital One Financial by 334.8% in the 3rd quarter. Meridian Wealth Management LLC now owns 9,404 shares of the financial services provider’s stock worth $1,999,000 after acquiring an additional 7,241 shares in the last quarter. National Pension Service lifted its holdings in Capital One Financial by 4.0% during the third quarter. National Pension Service now owns 1,552,736 shares of the financial services provider’s stock valued at $330,081,000 after purchasing an additional 59,100 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in Capital One Financial by 17.3% during the third quarter. Jones Financial Companies Lllp now owns 129,013 shares of the financial services provider’s stock valued at $28,861,000 after purchasing an additional 19,059 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its position in shares of Capital One Financial by 58.5% in the third quarter. B. Riley Wealth Advisors Inc. now owns 36,685 shares of the financial services provider’s stock worth $7,798,000 after purchasing an additional 13,539 shares during the period. Finally, Victory Capital Management Inc. increased its stake in shares of Capital One Financial by 16.6% in the third quarter. Victory Capital Management Inc. now owns 378,450 shares of the financial services provider’s stock worth $80,451,000 after purchasing an additional 53,961 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Trading Up 0.0%

Shares of COF opened at $187.19 on Monday. The company’s fifty day moving average is $188.41 and its 200 day moving average is $211.59. Capital One Financial Corporation has a fifty-two week low of $174.98 and a fifty-two week high of $259.64. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market capitalization of $116.48 billion, a PE ratio of 65.68, a P/E/G ratio of 0.68 and a beta of 1.05.

Capital One Financial (NYSE:COF) last announced 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). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. During the same period in the previous year, the business posted $4.06 EPS. The firm’s revenue was up 52.3% on a year-over-year basis. Sell-side analysts expect that Capital One Financial Corporation will post 19.17 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th will be given a dividend of $0.80 per share. The ex-dividend date 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 112.28%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on COF shares. Wells Fargo & Company decreased their price objective on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Truist Financial dropped their target price on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. JPMorgan Chase & Co. raised their price target on Capital One Financial from $213.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. BTIG Research restated a “buy” rating and issued a $224.00 price objective on shares of Capital One Financial in a research report on Wednesday, April 22nd. Finally, Rothschild & Co Redburn dropped their price objective on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Eighteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $257.52.

Insider Activity at Capital One Financial

In related news, insider Lia Dean sold 1,692 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total value of $314,052.12. Following the sale, the insider directly owned 65,454 shares of the company’s stock, valued at $12,148,916.94. This represents a 2.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 shares were sold at an average price of $190.51, for a total value of $7,265,098.85. Following the transaction, the insider directly owned 33,551 shares in the company, valued at approximately $6,391,801.01. This represents a 53.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 49,904 shares of company stock worth $9,528,159 in the last three months. 0.78% of the stock is owned by 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.