Capital One Financial Corporation $COF Holdings Trimmed by Andra AP fonden

Andra AP fonden cut its holdings in Capital One Financial Corporation (NYSE:COF) by 11.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 196,231 shares of the financial services provider’s stock after selling 24,900 shares during the quarter. Andra AP fonden’s holdings in Capital One Financial were worth $41,715,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in COF. Banco Santander S.A. raised its holdings in shares of Capital One Financial by 23.3% in the 3rd quarter. Banco Santander S.A. now owns 89,916 shares of the financial services provider’s stock worth $19,114,000 after purchasing an additional 16,996 shares in the last quarter. Close Asset Management Ltd acquired a new position in Capital One Financial in the third quarter worth approximately $233,087,000. Diversify Wealth Management LLC increased its holdings in shares of Capital One Financial by 30.1% in the third quarter. Diversify Wealth Management LLC now owns 1,261 shares of the financial services provider’s stock valued at $279,000 after buying an additional 292 shares in the last quarter. DNB Asset Management AS lifted its position in shares of Capital One Financial by 30.4% during the 3rd quarter. DNB Asset Management AS now owns 160,104 shares of the financial services provider’s stock valued at $34,035,000 after acquiring an additional 37,359 shares during the last quarter. Finally, Choreo LLC lifted its position in shares of Capital One Financial by 0.4% during the 3rd quarter. Choreo LLC now owns 39,754 shares of the financial services provider’s stock valued at $8,451,000 after acquiring an additional 172 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on COF shares. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research report on Monday, December 29th. Citigroup lifted their price target on Capital One Financial from $290.00 to $310.00 and gave the stock a “buy” rating in a research note on Wednesday, December 31st. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $275.00 price objective on shares of Capital One Financial in a research note on Monday, January 12th. Finally, Evercore decreased their target price on shares of Capital One Financial from $290.00 to $265.00 and set an “outperform” rating for the company in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $274.70.

Capital One Financial Stock Performance

COF stock opened at $208.43 on Friday. The firm has a 50 day simple moving average of $228.33 and a 200 day simple moving average of $223.04. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $259.64. The stock 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. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.During the same quarter in the previous year, the company posted $2.67 earnings per share. The company’s quarterly revenue was up 53.3% compared to the same quarter last year. Research 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 company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th will be paid a $0.80 dividend. 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 payout ratio is 108.11%.

Insider Buying and Selling

In other news, insider Neal Blinde sold 38,135 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the transaction, the insider owned 33,551 shares in the company, valued at approximately $6,391,801.01. This trade represents a 53.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ravi Raghu sold 13,450 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $250.00, for a total transaction of $3,362,500.00. Following the transaction, the insider directly owned 30,337 shares in the company, valued at $7,584,250. The trade was a 30.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 76,138 shares of company stock worth $16,160,598. Insiders own 1.26% of the company’s stock.

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.