Fifth Third Bancorp Has $35.74 Million Stock Position in Capital One Financial Corporation $COF

Fifth Third Bancorp boosted its position in Capital One Financial Corporation (NYSE:COF) by 14.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 168,142 shares of the financial services provider’s stock after buying an additional 21,448 shares during the quarter. Fifth Third Bancorp’s holdings in Capital One Financial were worth $35,744,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in shares of Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after purchasing an additional 10,428 shares during the period. Intech Investment Management LLC increased its position in Capital One Financial by 44.3% in the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after buying an additional 2,753 shares during the period. Sivia Capital Partners LLC increased its position in Capital One Financial by 118.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock worth $702,000 after buying an additional 1,788 shares during the period. NORTHSTAR ASSET MANAGEMENT Co acquired a new position in shares of Capital One Financial during the second quarter worth approximately $271,000. Finally, Mutual Advisors LLC boosted its position in shares of Capital One Financial by 79.6% in the second quarter. Mutual Advisors LLC now owns 2,116 shares of the financial services provider’s stock valued at $450,000 after acquiring an additional 938 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

NYSE COF opened at $207.60 on Tuesday. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $259.64. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. The stock has a market cap of $131.98 billion, a P/E ratio of 70.14, a PEG ratio of 0.61 and a beta of 1.14. The company’s 50-day simple moving average is $233.87 and its 200 day simple moving average is $223.55.

Capital One Financial (NYSE:COFGet Free Report) last released its quarterly earnings data 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 had revenue of $15.62 billion for the quarter, compared to analyst estimates of $15.49 billion. During the same period in the previous year, the firm posted $2.67 earnings per share. The firm’s revenue for the quarter was up 53.3% compared to the same quarter last year. As a group, research analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

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

Insider Buying and Selling

In other Capital One Financial news, insider Ravi Raghu sold 13,450 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $250.00, for a total value 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Celia Karam sold 2,936 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $218.15, for a total transaction of $640,488.40. Following the sale, the insider directly owned 63,433 shares in the company, valued at $13,837,908.95. This represents a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 34,274 shares of company stock valued at $8,131,054 in the last ninety days. Insiders own 1.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on COF. Barclays dropped their target price on shares of Capital One Financial from $294.00 to $287.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Royal Bank Of Canada restated a “sector perform” rating and set a $275.00 price objective on shares of Capital One Financial in a report on Monday, January 12th. Citigroup upped their price objective on shares of Capital One Financial from $290.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, December 31st. Morgan Stanley lifted their target price on Capital One Financial from $280.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 20th. Finally, BTIG Research lowered their price target on Capital One Financial from $308.00 to $270.00 and set a “buy” rating on the stock in a research note on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $274.70.

Read Our Latest Report on Capital One Financial

About Capital One Financial

(Free Report)

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.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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