Capital One Financial Corporation $COF Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC lifted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 6.1% in the 1st quarter, Holdings Channel reports. The institutional investor owned 2,240,915 shares of the financial services provider’s stock after acquiring an additional 128,816 shares during the quarter. Janus Henderson Group PLC’s holdings in Capital One Financial were worth $408,787,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Evolution Wealth Management Inc. lifted its position in Capital One Financial by 529.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 90 shares during the last quarter. VSM Wealth Advisory LLC purchased a new position in shares of Capital One Financial during the fourth quarter worth about $27,000. Cherry Tree Wealth Management LLC grew its holdings in shares of Capital One Financial by 1,312.5% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 105 shares during the last quarter. Strive Asset Management LLC acquired a new stake in shares of Capital One Financial during the third quarter worth about $28,000. Finally, Frazier Financial Advisors LLC acquired a new stake in shares of Capital One Financial during the first quarter worth about $29,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Bank of America decreased their target price on Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. UBS Group lifted their price target on Capital One Financial from $270.00 to $275.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. Barclays decreased their price objective on Capital One Financial from $242.00 to $240.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Finally, Royal Bank Of Canada lowered their target price on shares of 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. Twenty research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.14.

Capital One Financial Stock Performance

NYSE COF opened at $210.18 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64. The business’s 50-day moving average price is $197.29 and its 200 day moving average price is $198.95. The firm has a market cap of $128.94 billion, a P/E ratio of 13.01, a P/E/G ratio of 0.77 and a beta of 1.02.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating the consensus estimate of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The firm had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. During the same period in the prior year, the business earned $5.48 EPS. The firm’s revenue was up 26.9% compared to the same quarter last year. On average, equities research analysts expect that Capital One Financial Corporation will post 20.19 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, August 17th. Capital One Financial’s dividend payout ratio is 19.80%.

Insider Activity at Capital One Financial

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total value of $728,000.00. Following the transaction, the general counsel directly owned 90,194 shares in the company, valued at $18,760,352. This trade represents a 3.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Timothy P. Golden sold 3,487 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $211.00, for a total transaction of $735,757.00. Following the completion of the transaction, the chief accounting officer directly owned 7,429 shares in the company, valued at $1,567,519. This represents a 31.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 10,487 shares of company stock valued at $2,107,512 in the last 90 days. Company insiders own 0.78% of the company’s stock.

About Capital One Financial

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.