Vaughan Nelson Investment Management L.P. Cuts Stock Holdings in Capital One Financial Corporation $COF

Vaughan Nelson Investment Management L.P. reduced its position in Capital One Financial Corporation (NYSE:COF) by 43.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 485,517 shares of the financial services provider’s stock after selling 366,450 shares during the period. Capital One Financial comprises approximately 1.2% of Vaughan Nelson Investment Management L.P.’s holdings, making the stock its 19th largest position. Vaughan Nelson Investment Management L.P. owned approximately 0.08% of Capital One Financial worth $117,670,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in COF. Tompkins Financial Corp raised its holdings in shares of Capital One Financial by 4.3% during the fourth quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock valued at $237,000 after purchasing an additional 40 shares during the last quarter. Focus Financial Network Inc. increased its holdings in Capital One Financial by 2.8% in the 4th quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock worth $380,000 after acquiring an additional 43 shares in the last quarter. Mather Group LLC. increased its stake 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 worth $965,000 after purchasing an additional 47 shares in the last quarter. Stephens Consulting LLC raised its position in shares of Capital One Financial by 10.3% during the 4th quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock valued at $122,000 after purchasing an additional 47 shares during the period. Finally, Nicolet Advisory Services LLC lifted its stake in shares of Capital One Financial by 0.7% during the 3rd quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider’s stock valued at $1,506,000 after buying an additional 48 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. TD Cowen reiterated a “buy” rating on shares of Capital One Financial in a research note on Thursday, January 8th. Evercore dropped their price objective on Capital One Financial from $290.00 to $265.00 and set an “outperform” rating for the company in a research note on Tuesday, January 27th. Barclays decreased their target price on Capital One Financial from $294.00 to $287.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research report on Friday. Finally, JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $275.95.

Capital One Financial Stock Performance

NYSE COF opened at $178.09 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $259.64. The business has a 50 day simple moving average of $201.88 and a two-hundred day simple moving average of $217.52. The stock has a market capitalization of $110.76 billion, a PE ratio of 60.17, a P/E/G ratio of 0.53 and a beta of 1.14.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.14 by ($0.28). The firm had revenue of $15.62 billion for the quarter, compared to analysts’ expectations of $15.49 billion. Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.The firm’s revenue was up 53.3% on a year-over-year basis. During the same period last year, the company earned $2.67 earnings per share. On average, research analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th were given a dividend of $0.80 per share. The ex-dividend date 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%.

Insiders Place Their Bets

In other news, insider Neal Blinde sold 38,135 shares of the business’s stock in a transaction dated 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 sale, the insider directly owned 33,551 shares in the company, valued at $6,391,801.01. The trade was a 53.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Celia Karam sold 2,108 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $218.25, for a total transaction of $460,071.00. Following the sale, the insider owned 59,269 shares in the company, valued at $12,935,459.25. This represents a 3.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 67,933 shares of company stock worth $14,363,897. Insiders own 1.26% of the company’s stock.

Capital One Financial 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.