Intech Investment Management LLC Increases Holdings in Capital One Financial Corporation $COF

Intech Investment Management LLC increased its stake in Capital One Financial Corporation (NYSE:COF) by 20.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,004 shares of the financial services provider’s stock after purchasing an additional 3,754 shares during the quarter. Intech Investment Management LLC’s holdings in Capital One Financial were worth $5,333,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. Tompkins Financial Corp grew its position in shares of Capital One Financial by 4.3% in 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 in the last quarter. Focus Financial Network Inc. grew its position in shares of Capital One Financial by 2.8% in the fourth quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock valued at $380,000 after purchasing an additional 43 shares in the last quarter. Stephens Consulting LLC grew its position in shares of Capital One Financial by 10.3% in the fourth 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 in the last quarter. Dogwood Wealth Management LLC grew its position in shares of Capital One Financial by 26.0% in the fourth quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 47 shares in the last quarter. Finally, Nicolet Advisory Services LLC grew its position in shares of Capital One Financial by 0.7% in the third quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider’s stock valued at $1,506,000 after purchasing an additional 48 shares in the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Rothschild & Co Redburn dropped their price objective on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. BTIG Research reiterated a “buy” rating and set a $224.00 price target on shares of Capital One Financial in a research report on Wednesday, April 22nd. Wells Fargo & Company dropped their price target on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Barclays upped their price objective on shares of 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, Jefferies Financial Group restated a “buy” rating and issued a $300.00 price objective on shares of Capital One Financial in a research report on Monday, March 16th. Seventeen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $258.75.

Insider Transactions at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total value of $643,755.00. Following the completion of the transaction, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. This represents a 3.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total value of $314,052.12. Following the completion of the transaction, the insider owned 65,454 shares of the company’s stock, valued at $12,148,916.94. The trade was a 2.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 8,040 shares of company stock worth $1,498,615. 0.78% of the stock is currently owned by corporate insiders.

Capital One Financial Stock Up 0.1%

COF stock opened at $188.06 on Monday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The company’s 50 day moving average is $189.11 and its 200 day moving average is $209.28. The stock has a market cap of $117.03 billion, a price-to-earnings ratio of 65.98, a price-to-earnings-growth ratio of 0.69 and a beta of 1.03. Capital One Financial Corporation has a 1-year low of $174.98 and a 1-year high of $259.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $15.68 billion. During the same quarter in the previous year, the company posted $4.06 earnings per share. Capital One Financial’s revenue for the quarter was up 52.3% compared to the same quarter last year. Sell-side analysts predict that Capital One Financial Corporation will post 19.14 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Tuesday, May 19th. Capital One Financial’s dividend payout ratio is presently 112.28%.

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.