TD Asset Management Inc Has $51.04 Million Stock Position in Capital One Financial Corporation $COF

TD Asset Management Inc lessened its stake in shares of Capital One Financial Corporation (NYSE:COF) by 1.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 240,081 shares of the financial services provider’s stock after selling 3,323 shares during the period. TD Asset Management Inc’s holdings in Capital One Financial were worth $51,036,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Mather Group LLC. raised its holdings in shares of Capital One Financial by 1.0% during the third quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock valued at $965,000 after acquiring an additional 47 shares during the period. Optas LLC boosted its stake in Capital One Financial by 1.4% in the 3rd quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock worth $741,000 after purchasing an additional 49 shares during the period. Nations Financial Group Inc. IA ADV grew its position in Capital One Financial by 1.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 4,450 shares of the financial services provider’s stock worth $946,000 after purchasing an additional 49 shares in the last quarter. Bridges Investment Management Inc. raised 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 purchasing an additional 49 shares during the period. Finally, Culbertson A N & Co. Inc. raised its stake in Capital One Financial by 0.4% during 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 purchasing an additional 50 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Capital One Financial

In related news, insider Jason P. Hanson sold 3,729 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total value of $764,445.00. Following the completion of the sale, the insider owned 40,230 shares in the company, valued at $8,247,150. This represents a 8.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Lia Dean sold 3,284 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total value of $734,565.12. Following the completion of the transaction, the insider owned 70,162 shares of the company’s stock, valued at $15,693,836.16. This represents a 4.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 76,138 shares of company stock worth $16,160,598 over the last ninety days. 1.26% of the stock is owned by corporate insiders.

Capital One Financial Trading Up 1.3%

COF stock opened at $208.43 on Friday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44. The business’s 50 day moving average is $228.33 and its 200-day moving average is $223.04. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $259.64. The firm has a market cap of $129.63 billion, a P/E ratio of 70.42, a P/E/G ratio of 0.61 and a beta of 1.14.

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

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th will be issued a dividend of $0.80 per share. The ex-dividend date is Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. Capital One Financial’s dividend payout ratio (DPR) is 108.11%.

Wall Street Analyst Weigh In

COF has been the subject of several recent analyst reports. Evercore decreased their target price on Capital One Financial from $290.00 to $265.00 and set an “outperform” rating for the company in a research report on Tuesday, January 27th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $300.00 target price on shares of Capital One Financial in a research note on Tuesday, January 6th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $275.00 price target on shares of Capital One Financial in a research report on Monday, January 12th. Wolfe Research decreased their price target on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating for the company in a report on Friday, January 23rd. Finally, Wells Fargo & Company upped their price objective on shares of Capital One Financial from $265.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average 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.