Diversify Wealth Management LLC acquired a new stake in Capital One Financial Co. (NYSE:COF – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 1,246 shares of the financial services provider’s stock, valued at approximately $218,000.
A number of other institutional investors have also recently made changes to their positions in the stock. 1832 Asset Management L.P. boosted its position in Capital One Financial by 12.9% during the 2nd quarter. 1832 Asset Management L.P. now owns 19,236 shares of the financial services provider’s stock valued at $2,663,000 after buying an additional 2,205 shares during the period. Gabelli Funds LLC boosted its holdings in shares of Capital One Financial by 1.0% during the second quarter. Gabelli Funds LLC now owns 15,450 shares of the financial services provider’s stock worth $2,139,000 after purchasing an additional 150 shares during the period. Evergreen Capital Management LLC boosted its holdings in shares of Capital One Financial by 11.2% during the second quarter. Evergreen Capital Management LLC now owns 4,283 shares of the financial services provider’s stock worth $593,000 after purchasing an additional 430 shares during the period. Marshall Wace LLP grew its stake in shares of Capital One Financial by 2,960.8% in the second quarter. Marshall Wace LLP now owns 222,186 shares of the financial services provider’s stock worth $30,762,000 after purchasing an additional 214,927 shares during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in Capital One Financial by 60.5% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 73,190 shares of the financial services provider’s stock valued at $10,133,000 after purchasing an additional 27,576 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.
Insider Buying and Selling at Capital One Financial
In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the transaction, the insider now directly owns 19,776 shares in the company, valued at $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,256 shares of company stock worth $2,462,487. Company insiders own 1.30% of the company’s stock.
Analyst Upgrades and Downgrades
Get Our Latest Analysis on Capital One Financial
Capital One Financial Stock Up 1.6 %
Shares of Capital One Financial stock opened at $204.14 on Friday. The company has a 50-day simple moving average of $184.29 and a two-hundred day simple moving average of $161.66. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $207.24. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market capitalization of $77.82 billion, a PE ratio of 17.61, a price-to-earnings-growth ratio of 1.24 and a beta of 1.46.
Capital One Financial (NYSE:COF – Get Free Report) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a return on equity of 9.50% and a net margin of 9.46%. The business had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10,220,675.12 billion. During the same period in the prior year, the firm posted $2.81 EPS. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. On average, analysts anticipate that Capital One Financial Co. will post 15.22 EPS for the current fiscal year.
Capital One Financial Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.
About Capital One Financial
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.
See Also
- Five stocks we like better than Capital One Financial
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Market Momentum: 3 Stocks Poised for Significant Breakouts
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Kinder Morgan’s Uptrend is Only Half Over: New Highs Are Coming
- How to Invest in Blue Chip Stocks
- Momentum Builders: 3 Stocks Positioned to Shine This Quarter
Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.