BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Has $13.04 Million Stock Position in Capital One Financial Co. (NYSE:COF)

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 14.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,121 shares of the financial services provider's stock after purchasing an additional 9,395 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp's holdings in Capital One Financial were worth $13,039,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in COF. Bfsg LLC acquired a new position in Capital One Financial during the 4th quarter worth $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in Capital One Financial in the fourth quarter valued at about $27,000. TruNorth Capital Management LLC acquired a new position in Capital One Financial in the fourth quarter worth about $29,000. SBI Securities Co. Ltd. bought a new position in Capital One Financial during the fourth quarter worth about $32,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $41,000. 89.84% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Michael Zamsky sold 9,560 shares of the business's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $199.40, for a total value of $1,906,264.00. Following the completion of the transaction, 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 Securities & Exchange Commission, which is available through this link. Also, Director Ann F. Hackett sold 1,658 shares of the company's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the sale, the director now directly owns 56,244 shares of the company's stock, valued at $11,175,682.80. This represents a 2.86% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.26% of the company's stock.

Capital One Financial Stock Down 0.2%

NYSE COF traded down $0.32 during trading hours on Wednesday, hitting $191.73. 1,124,839 shares of the company traded hands, compared to its average volume of 3,442,184. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The business's 50-day moving average is $178.50 and its 200-day moving average is $184.59. The stock has a market capitalization of $73.46 billion, a price-to-earnings ratio of 16.55, a P/E/G ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.31. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Sell-side analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Friday, May 23rd will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Friday, May 23rd. Capital One Financial's payout ratio is presently 20.15%.

Analyst Ratings Changes

A number of brokerages have issued reports on COF. Citigroup cut their price objective on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a report on Monday, March 24th. Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $190.00 to $200.00 in a report on Tuesday, March 11th. JPMorgan Chase & Co. reduced their price objective on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Royal Bank of Canada set a $190.00 price objective on Capital One Financial and gave the stock a "sector perform" rating in a report on Monday, April 14th. Finally, Baird R W raised Capital One Financial from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 11th. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Capital One Financial currently has an average rating of "Moderate Buy" and a consensus target price of $207.60.

About Capital One Financial

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.