ANTIPODES PARTNERS Ltd lifted its holdings in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 4.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,084,639 shares of the financial services provider's stock after purchasing an additional 48,536 shares during the quarter. Capital One Financial accounts for approximately 6.1% of ANTIPODES PARTNERS Ltd's portfolio, making the stock its 2nd largest position. ANTIPODES PARTNERS Ltd owned about 0.28% of Capital One Financial worth $194,491,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in shares of Capital One Financial by 330.1% in the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock valued at $2,423,000 after purchasing an additional 10,428 shares in the last quarter. Modern Wealth Management LLC raised its holdings in Capital One Financial by 11.3% during the 4th quarter. Modern Wealth Management LLC now owns 4,791 shares of the financial services provider's stock valued at $854,000 after buying an additional 487 shares during the last quarter. Murphy & Mullick Capital Management Corp purchased a new position in shares of Capital One Financial during the fourth quarter valued at approximately $41,000. Korea Investment CORP raised its stake in Capital One Financial by 42.2% in the fourth quarter. Korea Investment CORP now owns 365,629 shares of the financial services provider's stock worth $65,199,000 after buying an additional 108,582 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Capital One Financial by 8.6% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 608,295 shares of the financial services provider's stock valued at $109,755,000 after purchasing an additional 48,248 shares during the period. Hedge funds and other institutional investors own 89.84% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts recently commented on the company. Citigroup upped their price objective on Capital One Financial from $250.00 to $275.00 and gave the company a "buy" rating in a research report on Thursday. Royal Bank Of Canada increased their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the company a "sector perform" rating in a report on Wednesday. Keefe, Bruyette & Woods raised their price objective on Capital One Financial from $248.00 to $260.00 and gave the company an "outperform" rating in a research note on Wednesday. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $245.00 to $248.00 and gave the company a "neutral" rating in a research note on Wednesday. Finally, Wells Fargo & Company raised their price objective on Capital One Financial from $225.00 to $265.00 and gave the company an "overweight" rating in a research note on Friday. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $233.07.
Get Our Latest Stock Analysis on Capital One Financial
Capital One Financial Price Performance
NYSE COF traded up $1.28 during mid-day trading on Friday, hitting $212.61. The stock had a trading volume of 4,501,689 shares, compared to its average volume of 3,771,397. The firm's 50 day moving average is $204.67 and its 200 day moving average is $191.47. Capital One Financial Corporation has a twelve month low of $128.23 and a twelve month high of $232.45. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 0.97. The stock has a market capitalization of $81.46 billion, a price-to-earnings ratio of 109.03, a PEG ratio of 0.85 and a beta of 1.15.
Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, topping analysts' consensus estimates of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to analysts' expectations of $12.72 billion. During the same period last year, the firm earned $3.14 earnings per share. Capital One Financial's revenue for the quarter was up 31.4% on a year-over-year basis. Equities research 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 announced a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's payout ratio is 123.08%.
Insider Buying and Selling at Capital One Financial
In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the sale, the director owned 56,244 shares of the company's stock, valued at $11,175,682.80. The trade was a 2.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Robert M. Alexander sold 10,114 shares of the business's stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the completion of the transaction, the insider owned 68,707 shares of the company's stock, valued at approximately $15,655,577.02. This trade represents a 12.83% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,332 shares of company stock valued at $4,540,285 over the last quarter. 1.26% of the stock is owned by company insiders.
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.
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