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Capital One Financial Corporation (NYSE:COF) Shares Bought by Artemis Investment Management LLP

Capital One Financial logo with Finance background

Artemis Investment Management LLP grew its stake in Capital One Financial Corporation (NYSE:COF - Free Report) by 69.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 444,690 shares of the financial services provider's stock after acquiring an additional 181,597 shares during the period. Capital One Financial accounts for 1.2% of Artemis Investment Management LLP's holdings, making the stock its 18th biggest holding. Artemis Investment Management LLP owned about 0.12% of Capital One Financial worth $79,733,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of COF. Kohmann Bosshard Financial Services LLC bought a new position in Capital One Financial in the fourth quarter worth approximately $27,000. SBI Securities Co. Ltd. bought a new position in shares of Capital One Financial during the 4th quarter worth $32,000. Beacon Capital Management LLC grew its position in shares of Capital One Financial by 118.3% during the 1st quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock worth $32,000 after buying an additional 97 shares in the last quarter. Murphy & Mullick Capital Management Corp purchased a new position in shares of Capital One Financial during the fourth quarter valued at $41,000. Finally, Bernard Wealth Management Corp. bought a new stake in shares of Capital One Financial in the first quarter valued at about $54,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Up 0.9%

NYSE COF traded up $1.85 during trading on Monday, hitting $212.86. The company's stock had a trading volume of 4,928,598 shares, compared to its average volume of 3,594,223. Capital One Financial Corporation has a fifty-two week low of $128.23 and a fifty-two week high of $215.61. The company has a market cap of $81.56 billion, a PE ratio of 17.87, a P/E/G ratio of 0.93 and a beta of 1.13. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.98 and a quick ratio of 0.97. The business's 50 day simple moving average is $192.21 and its 200-day simple moving average is $186.43.

Capital One Financial (NYSE:COF - Get Free Report) last released its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping analysts' consensus estimates of $3.75 by $0.31. The company had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. Capital One Financial had a net margin of 9.65% and a return on equity of 9.63%. On average, equities analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's dividend payout ratio (DPR) is presently 20.15%.

Insider Activity

In related news, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the completion of the sale, the insider now owns 20,089 shares of the company's stock, valued at $4,005,746.60. The trade was a 32.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of the company's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $198.70, for a total value of $329,444.60. Following the completion of the sale, the director now owns 56,244 shares in the company, valued at approximately $11,175,682.80. This represents a 2.86% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.26% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on COF shares. Citigroup dropped their target price on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a report on Monday, March 24th. Barclays reiterated an "overweight" rating and set a $253.00 price objective (up from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Baird R W raised shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 11th. Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price for the company in a report on Wednesday, March 12th. Finally, Royal Bank Of Canada set a $190.00 price target on Capital One Financial and gave the company a "sector perform" rating in a report on Monday, April 14th. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $215.86.

View Our Latest Stock Report on Capital One Financial

About Capital One Financial

(Free Report)

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

See Also

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

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