Worldquant Millennium Advisors LLC Grows Position in Capital One Financial Co. (NYSE:COF)

Worldquant Millennium Advisors LLC raised its holdings in Capital One Financial Co. (NYSE:COF) by 22.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 131,701 shares of the financial services provider’s stock after acquiring an additional 23,850 shares during the quarter. Worldquant Millennium Advisors LLC’s holdings in Capital One Financial were worth $23,485,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Norden Group LLC raised its holdings in shares of Capital One Financial by 2.6% in the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock valued at $358,000 after acquiring an additional 51 shares in the last quarter. Catalyst Financial Partners LLC increased its position in shares of Capital One Financial by 3.9% during the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock valued at $255,000 after purchasing an additional 54 shares during the last quarter. Quadrant Capital Group LLC increased its position in shares of Capital One Financial by 1.0% during the 4th quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider’s stock valued at $936,000 after purchasing an additional 54 shares during the last quarter. Gladstone Institutional Advisory LLC increased its position in shares of Capital One Financial by 3.3% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after purchasing an additional 56 shares during the last quarter. Finally, TFB Advisors LLC increased its position in shares of Capital One Financial by 4.1% during the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on COF shares. Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 11th. Barclays increased their price objective on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Wells Fargo & Company increased their price objective on Capital One Financial from $210.00 to $225.00 and gave the company an “overweight” rating in a research report on Thursday, April 24th. Robert W. Baird upgraded Capital One Financial from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Finally, Argus upgraded Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $207.73.

Capital One Financial Price Performance

COF opened at $195.90 on Wednesday. The firm has a market cap of $75.06 billion, a price-to-earnings ratio of 16.90, a PEG ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The stock’s 50 day simple moving average is $176.82 and its 200 day simple moving average is $184.25. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, topping analysts’ consensus estimates of $3.75 by $0.31. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. As a group, analysts predict that Capital One Financial Co. will post 15.65 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 Thursday, June 5th. Stockholders of record on Friday, May 23rd will be given a $0.60 dividend. The ex-dividend date is Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.23%. Capital One Financial’s dividend payout ratio is currently 20.15%.

Insider Transactions at Capital One Financial

In other news, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $199.40, for a total value of $1,906,264.00. Following the sale, the insider now directly owns 20,089 shares in the company, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ann F. Hackett sold 1,658 shares of the firm’s stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $198.70, for a total value of $329,444.60. Following the completion of the transaction, the director now owns 56,244 shares of the company’s stock, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.26% of the company’s stock.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.