Aster Capital Management DIFC Ltd Takes Position in Capital One Financial Corporation $COF

Aster Capital Management DIFC Ltd purchased a new position in shares of Capital One Financial Corporation (NYSE:COF) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 16,634 shares of the financial services provider’s stock, valued at approximately $3,536,000. Capital One Financial comprises approximately 1.8% of Aster Capital Management DIFC Ltd’s portfolio, making the stock its 2nd biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Mather Group LLC. increased its stake in shares of Capital One Financial by 1.0% in the third quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock worth $965,000 after buying an additional 47 shares during the period. Optas LLC boosted its position in Capital One Financial by 1.4% during the 3rd quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock valued at $741,000 after buying an additional 49 shares during the period. Nations Financial Group Inc. IA ADV grew its holdings in Capital One Financial by 1.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 4,450 shares of the financial services provider’s stock worth $946,000 after acquiring an additional 49 shares during the last quarter. Bridges Investment Management Inc. grew its holdings in Capital One Financial by 0.4% in the 3rd quarter. Bridges Investment Management Inc. now owns 11,251 shares of the financial services provider’s stock worth $2,392,000 after acquiring an additional 49 shares during the last quarter. Finally, Culbertson A N & Co. Inc. increased its position in shares of Capital One Financial by 0.4% in the second quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock valued at $2,418,000 after acquiring an additional 50 shares during the period. Institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on COF shares. Truist Financial dropped their target price on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a report on Monday, January 26th. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. BTIG Research reduced their target price 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. Deutsche Bank Aktiengesellschaft decreased their target price on Capital One Financial from $263.00 to $256.00 and set a “hold” rating for the company in a report on Friday, January 23rd. Finally, Citigroup lifted their price target on shares of Capital One Financial from $290.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, December 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $274.70.

Insider Transactions at Capital One Financial

In other news, insider Lia Dean sold 3,284 shares of Capital One Financial stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total value of $734,565.12. Following the completion of the sale, the insider directly owned 70,162 shares in the company, valued at $15,693,836.16. The trade was a 4.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Neal Blinde sold 38,135 shares of the business’s stock in a transaction that occurred 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 directly owned 33,551 shares of the company’s stock, valued at $6,391,801.01. The trade was a 53.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 76,138 shares of company stock valued at $16,160,598. Insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

COF opened at $208.43 on Friday. The firm has a market cap of $129.63 billion, a PE ratio of 70.42, a P/E/G ratio of 0.61 and a beta of 1.14. The stock has a 50-day moving average price of $228.33 and a 200-day moving average price of $223.04. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $259.64. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm earned $2.67 earnings per share. The firm’s revenue was up 53.3% on a year-over-year basis. Sell-side analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders 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 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s payout ratio is currently 108.11%.

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.