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

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 14.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund 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 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Norges Bank bought a new stake in Capital One Financial during the 4th quarter worth approximately $590,279,000. Lone Pine Capital LLC acquired a new stake in shares of Capital One Financial during the fourth quarter worth $577,012,000. Egerton Capital UK LLP bought a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $279,159,000. FMR LLC increased its holdings in Capital One Financial by 21.6% in the 4th quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock valued at $1,440,449,000 after buying an additional 1,436,935 shares during the period. Finally, Meritage Group LP bought a new stake in Capital One Financial during the fourth quarter worth $227,662,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on COF shares. Baird R W upgraded Capital One Financial from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 11th. JPMorgan Chase & Co. lowered their target price on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective for the company in a report on Wednesday, March 12th. Truist Financial upped their target price on shares of Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a research note on Friday, April 25th. Finally, Bank of America increased their price target on shares of Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a research report on Wednesday, May 21st. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Capital One Financial has a consensus rating of "Moderate Buy" and a consensus target price of $207.60.

Insider Activity at Capital One Financial

In other news, Director Ann F. Hackett sold 1,658 shares of the company's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the completion of the transaction, the director now owns 56,244 shares of the company's stock, valued at approximately $11,175,682.80. This represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction that occurred on 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 sale, the insider now directly owns 20,089 shares in the company, valued at $4,005,746.60. The trade was a 32.24% 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 Performance

NYSE COF traded up $7.24 on Tuesday, hitting $192.32. The stock had a trading volume of 3,951,915 shares, compared to its average volume of 3,447,005. The company's 50-day moving average is $178.14 and its two-hundred day moving average is $184.54. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a market cap of $73.69 billion, a price-to-earnings ratio of 16.59, a P/E/G ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, beating the consensus estimate of $3.75 by $0.31. The business had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. On average, analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

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

Capital One Financial Profile

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.