Sivia Capital Partners LLC Grows Stock Position in Capital One Financial Corporation $COF

Sivia Capital Partners LLC grew its position in Capital One Financial Corporation (NYSE:COF) by 142.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 8,883 shares of the financial services provider’s stock after buying an additional 5,225 shares during the quarter. Sivia Capital Partners LLC’s holdings in Capital One Financial were worth $2,153,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Evolution Wealth Management Inc. lifted its position in shares of Capital One Financial by 529.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 90 shares in the last quarter. VSM Wealth Advisory LLC purchased a new position in shares of Capital One Financial in the fourth quarter valued at approximately $27,000. Cherry Tree Wealth Management LLC lifted its position in shares of Capital One Financial by 1,312.5% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 105 shares in the last quarter. Olistico Wealth LLC purchased a new position in shares of Capital One Financial in the fourth quarter valued at approximately $30,000. Finally, Rakuten Securities Inc. lifted its position in Capital One Financial by 550.0% during the fourth quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock worth $32,000 after buying an additional 110 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $177.75 on Thursday. The business’s 50 day moving average price is $189.14 and its 200 day moving average price is $208.49. 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 company has a market cap of $110.61 billion, a price-to-earnings ratio of 62.37, a PEG ratio of 0.67 and a beta of 1.03. Capital One Financial Corporation has a one year low of $174.98 and a one year high of $259.64.

Capital One Financial (NYSE:COF) last posted its 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). The business had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.Capital One Financial’s revenue was up 52.3% compared to the same quarter last year. During the same period last year, the business earned $4.06 EPS. On average, research analysts predict that Capital One Financial Corporation will post 19.13 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 annualized dividend and a yield of 1.8%. Capital One Financial’s dividend payout ratio (DPR) is 112.28%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Jefferies Financial Group reiterated a “buy” rating and set a $300.00 price objective on shares of Capital One Financial in a research report on Monday, March 16th. Royal Bank Of Canada reduced their price objective on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a research report on Friday, April 10th. Barclays lifted their price objective on Capital One Financial from $226.00 to $250.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Finally, Rothschild & Co Redburn reduced their price objective on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Seventeen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $258.75.

Insiders Place Their Bets

In other Capital One Financial news, insider Celia Karam sold 1,749 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction 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. This trade represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 firm’s stock in a transaction on Wednesday, April 1st. The stock was 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 approximately $12,148,916.94. This trade represents a 2.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,040 shares of company stock valued at $1,498,615 over the last quarter. 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.