Deprince Race & Zollo Inc. Buys 6,821 Shares of Capital One Financial Corporation $COF

Deprince Race & Zollo Inc. increased its stake in Capital One Financial Corporation (NYSE:COF) by 7.3% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 99,981 shares of the financial services provider’s stock after buying an additional 6,821 shares during the period. Deprince Race & Zollo Inc.’s holdings in Capital One Financial were worth $21,254,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in COF. Moisand Fitzgerald Tamayo LLC increased its holdings in shares of Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC boosted its stake in Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 101 shares in the last quarter. Atlantic Edge Private Wealth Management LLC grew its position in Capital One Financial by 66.7% during the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. RMG Wealth Management LLC bought a new stake in Capital One Financial during the 2nd quarter valued at about $27,000. Finally, Solstein Capital LLC bought a new stake in Capital One Financial during the 2nd quarter valued at about $28,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In related news, insider Frank G. LapradeIii sold 17,840 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $222.03, for a total value of $3,961,015.20. Following the transaction, the insider owned 48,315 shares of the company’s stock, valued at approximately $10,727,379.45. This trade represents a 26.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Richard D. Fairbank sold 103,487 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $220.68, for a total transaction of $22,837,511.16. Following the sale, the chief executive officer owned 4,001,228 shares of the company’s stock, valued at $882,990,995.04. This trade represents a 2.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 280,218 shares of company stock worth $62,395,804. 1.26% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on COF shares. Citigroup upped their target price on shares of Capital One Financial from $275.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. BTIG Research upped their price objective on Capital One Financial from $264.00 to $308.00 and gave the company a “buy” rating in a research report on Friday. TD Cowen increased their target price on Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Morgan Stanley restated an “overweight” rating and issued a $280.00 price target on shares of Capital One Financial in a research note on Tuesday, December 16th. Finally, The Goldman Sachs Group upped their price target on Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a report on Wednesday, October 22nd. Three research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average target price of $267.45.

Capital One Financial Price Performance

NYSE COF opened at $249.58 on Friday. The stock has a market capitalization of $158.67 billion, a price-to-earnings ratio of 105.31, a PEG ratio of 0.57 and a beta of 1.16. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $249.73. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The business’s fifty day moving average price is $224.67 and its 200-day moving average price is $218.62.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 EPS for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The company had revenue of $15.46 billion during the quarter. On average, equities analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, November 17th. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s payout ratio is currently 135.02%.

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.