Shepherd Street Advisors LLC Makes New $969,000 Investment in Capital One Financial Corporation $COF

Shepherd Street Advisors LLC bought a new position in Capital One Financial Corporation (NYSE:COF) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 3,997 shares of the financial services provider’s stock, valued at approximately $969,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Syntegra Private Wealth Group LLC bought a new position in Capital One Financial in the 4th quarter worth about $213,000. CIBC Asset Management Inc increased its position in shares of Capital One Financial by 107.7% during the 4th quarter. CIBC Asset Management Inc now owns 184,310 shares of the financial services provider’s stock valued at $44,669,000 after purchasing an additional 95,564 shares during the last quarter. Marble Wealth LLC bought a new position in shares of Capital One Financial during the 4th quarter valued at about $311,000. Mccarter Private Wealth Services LLC bought a new position in shares of Capital One Financial during the 4th quarter valued at about $217,000. Finally, M.D. Sass LLC increased its position in shares of Capital One Financial by 8.9% during the 4th quarter. M.D. Sass LLC now owns 244,121 shares of the financial services provider’s stock valued at $59,165,000 after purchasing an additional 19,984 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Price Performance

COF opened at $183.82 on Wednesday. The stock’s 50 day simple moving average is $189.21 and its 200 day simple moving average is $209.03. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03. Capital One Financial Corporation has a 1 year low of $174.98 and a 1 year high of $259.64. The firm has a market cap of $114.39 billion, a price-to-earnings ratio of 64.50, a PEG ratio of 0.68 and a beta of 1.03.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. During the same quarter in the previous year, the business earned $4.06 earnings per share. Capital One Financial’s revenue was up 52.3% compared to the same quarter last year. As a group, analysts predict that Capital One Financial Corporation will post 19.14 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.7%. The ex-dividend date was Tuesday, May 19th. Capital One Financial’s dividend payout ratio (DPR) is presently 112.28%.

Insider Buying and Selling

In related news, insider Lia Dean sold 1,692 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total transaction of $314,052.12. Following the transaction, the insider directly owned 65,454 shares in the company, valued at $12,148,916.94. This trade represents a 2.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $192.58, for a total value of $336,822.42. Following the transaction, the insider owned 61,579 shares in the company, valued at approximately $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 8,040 shares of company stock worth $1,498,615 in the last ninety days. 0.78% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on COF shares. Royal Bank Of Canada reduced their price objective on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a research report on Friday, April 10th. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $213.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. TD Cowen reduced their price objective on Capital One Financial from $290.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, March 31st. The Goldman Sachs Group reduced their price objective on Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Finally, Rothschild & Co Redburn reduced their price objective on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Seventeen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $258.75.

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.