Aristotle Capital Management LLC Decreases Stock Holdings in Capital One Financial Corporation $COF

Key Points

• Aristotle Capital trimmed its stake in Capital One by 5.1% in Q3, selling 396,492 shares and ending the quarter with 7,364,228 shares worth about $1.565 billion, making COF its fourth-largest holding (3.0% of the firm's portfolio).
• Capital One missed Q4 EPS expectations ($3.86 vs. $4.14) despite revenue rising 53.3% YoY; the stock opened at $179.76 (52‑week range $143.22–$259.64), pays a $0.80 quarterly dividend (1.8% yield), has seen insider selling, and carries a consensus "Moderate Buy" analyst target of $274.70.

Aristotle Capital Management LLC lessened its stake in Capital One Financial Corporation (NYSE:COF - Free Report) by 5.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,364,228 shares of the financial services provider's stock after selling 396,492 shares during the quarter. Capital One Financial comprises 3.0% of Aristotle Capital Management LLC's investment portfolio, making the stock its 4th biggest position. Aristotle Capital Management LLC owned 1.16% of Capital One Financial worth $1,565,506,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of COF. Mather Group LLC. increased its holdings in Capital One Financial by 1.0% in the 3rd quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider's stock valued at $965,000 after buying an additional 47 shares during the period. Nicolet Advisory Services LLC raised its position in shares of Capital One Financial by 0.7% in the 3rd quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider's stock valued at $1,506,000 after buying an additional 48 shares in the last quarter. Optas LLC lifted its holdings in shares of Capital One Financial by 1.4% during the 3rd quarter. Optas LLC now owns 3,484 shares of the financial services provider's stock worth $741,000 after acquiring an additional 49 shares during the period. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Capital One Financial by 1.1% during 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 period. Finally, Bridges Investment Management Inc. boosted its position in shares of Capital One Financial by 0.4% during 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 in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $179.76 on Friday. The company's 50 day moving average price is $215.61 and its two-hundred day moving average price is $220.86. The firm has a market capitalization of $111.80 billion, a P/E ratio of 60.73, a P/E/G ratio of 0.54 and a beta of 1.14. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week 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 - Get Free Report) last announced its quarterly 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 last year, the company earned $2.67 EPS. Capital One Financial's quarterly revenue was up 53.3% on a year-over-year basis. On average, equities analysts forecast 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 disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 19th were given a dividend of $0.80 per share. The ex-dividend date was Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.8%. Capital One Financial's payout ratio is currently 108.11%.

Insiders Place Their Bets

In other Capital One Financial news, insider Neal Blinde sold 38,135 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total value of $7,265,098.85. Following the completion of the transaction, the insider directly owned 33,551 shares in the company, valued at approximately $6,391,801.01. This trade represents a 53.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lia Dean sold 3,284 shares of Capital One Financial stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total value of $734,565.12. Following 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 67,933 shares of company stock worth $14,363,897. Company insiders own 1.26% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on COF shares. Citigroup lifted 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 note on Wednesday, December 31st. Barclays cut their target price on Capital One Financial from $294.00 to $287.00 and set an "overweight" rating for the company in a research note on Friday, January 23rd. Weiss Ratings reiterated a "hold (c)" rating on shares of Capital One Financial in a research note on Monday, December 29th. Wells Fargo & Company boosted their price target on Capital One Financial from $265.00 to $280.00 and gave the stock an "overweight" rating in a report on Monday, January 5th. Finally, TD Cowen restated a "buy" rating on shares of Capital One Financial in a research report on Thursday, January 8th. One equities 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 stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $274.70.

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.

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