Barrow Hanley Mewhinney & Strauss LLC lowered its holdings in Capital One Financial Corporation (NYSE:COF – Free Report) by 0.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,325,261 shares of the financial services provider’s stock after selling 6,107 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 0.21% of Capital One Financial worth $281,724,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Howard Hughes Medical Institute acquired a new position in Capital One Financial in the second quarter worth approximately $29,000. WFA of San Diego LLC acquired a new stake in shares of Capital One Financial during the 2nd quarter valued at $32,000. Crowley Wealth Management Inc. bought a new stake in shares of Capital One Financial during the 3rd quarter worth $33,000. Wolff Wiese Magana LLC grew its holdings in shares of Capital One Financial by 41.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 195 shares of the financial services provider’s stock worth $41,000 after acquiring an additional 57 shares during the last quarter. Finally, Bell Investment Advisors Inc raised its position in shares of Capital One Financial by 86.9% during the second quarter. Bell Investment Advisors Inc now owns 200 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 93 shares during the period. 89.84% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages recently weighed in on COF. Royal Bank Of Canada reissued a “sector perform” rating and issued a $275.00 price target on shares of Capital One Financial in a research note on Monday, January 12th. Zacks Research cut shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Wells Fargo & Company boosted their price target on shares of Capital One Financial from $265.00 to $280.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Keefe, Bruyette & Woods raised their price objective on shares of Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $300.00 target price on shares of Capital One Financial in a research note on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $274.70.
Capital One Financial Price Performance
Shares of NYSE:COF opened at $184.93 on Wednesday. The firm has a market cap of $115.01 billion, a price-to-earnings ratio of 62.47, a P/E/G ratio of 0.56 and a beta of 1.14. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $259.64. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44. The business has a fifty day simple moving average of $219.49 and a 200 day simple moving average of $221.76.
Capital One Financial (NYSE:COF – Get Free Report) last posted its quarterly earnings results 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 return on equity of 10.68% and a net margin of 3.54%.The business’s revenue for the quarter was up 53.3% compared to the same quarter last year. During the same period in the previous year, the company earned $2.67 EPS. As a group, sell-side analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.
Capital One Financial Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were paid a dividend of $0.80 per share. The ex-dividend date was Thursday, February 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. Capital One Financial’s dividend payout ratio is 108.11%.
Insider Buying and Selling at Capital One Financial
In other news, insider Celia Karam sold 2,108 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $218.25, for a total transaction of $460,071.00. Following the completion of the sale, the insider owned 59,269 shares in the company, valued at approximately $12,935,459.25. This represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Jason P. Hanson sold 3,729 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total value of $764,445.00. Following the transaction, the insider directly owned 40,230 shares in the company, valued at approximately $8,247,150. This represents a 8.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 67,933 shares of company stock worth $14,363,897 in the last ninety days. Company insiders own 1.26% of the company’s stock.
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.
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