Capital One Financial Corporation $COF Shares Purchased by Mackenzie Financial Corp

Mackenzie Financial Corp raised its position in Capital One Financial Corporation (NYSE:COF) by 44.0% during the third quarter, HoldingsChannel reports. The firm owned 629,081 shares of the financial services provider’s stock after purchasing an additional 192,299 shares during the period. Mackenzie Financial Corp’s holdings in Capital One Financial were worth $133,730,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Mather Group LLC. raised its position in shares of Capital One Financial by 1.0% in the third quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock valued at $965,000 after buying an additional 47 shares during the last quarter. Optas LLC boosted its position in Capital One Financial by 1.4% during the third quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock worth $741,000 after acquiring an additional 49 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its position in Capital One Financial by 1.1% during the third quarter. Nations Financial Group Inc. IA ADV now owns 4,450 shares of the financial services provider’s stock worth $946,000 after acquiring an additional 49 shares during the last quarter. Bridges Investment Management Inc. grew its stake in Capital One Financial by 0.4% during the 3rd quarter. Bridges Investment Management Inc. now owns 11,251 shares of the financial services provider’s stock valued at $2,392,000 after acquiring an additional 49 shares in the last quarter. Finally, Culbertson A N & Co. Inc. raised its holdings in Capital One Financial by 0.4% in the 2nd quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock valued at $2,418,000 after acquiring an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Lia Dean sold 3,284 shares of Capital One Financial stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $223.68, for a total value of $734,565.12. Following the sale, the insider owned 70,162 shares in the company, valued at $15,693,836.16. The trade was a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Neal Blinde sold 38,135 shares of the company’s stock in a transaction 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 completion of the transaction, the insider directly owned 33,551 shares in the company, valued at approximately $6,391,801.01. This trade represents a 53.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 67,933 shares of company stock valued at $14,363,897 over the last 90 days. Corporate insiders own 1.26% of the company’s stock.

Capital One Financial Stock Performance

NYSE:COF opened at $181.90 on Thursday. The company’s 50-day moving average is $218.27 and its two-hundred day moving average is $221.48. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $259.64. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a market capitalization of $113.13 billion, a price-to-earnings ratio of 61.45, a PEG ratio of 0.55 and a beta of 1.14.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.The company’s revenue for the quarter was up 53.3% compared to the same quarter last year. During the same quarter last year, the company posted $2.67 EPS. Analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $3.20 annualized dividend and a yield of 1.8%. Capital One Financial’s dividend payout ratio (DPR) is 108.11%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on COF shares. Jefferies Financial Group raised their target price on shares of Capital One Financial from $265.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Wall Street Zen lowered Capital One Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $300.00 price target on shares of Capital One Financial in a report on Tuesday, January 6th. Barclays reduced their price objective on Capital One Financial from $294.00 to $287.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Finally, Keefe, Bruyette & Woods upped their target price on Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $274.70.

Capital One Financial Company Profile

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.