Fiduciary Management Inc. WI lowered its stake in Capital One Financial Corporation (NYSE:COF) by 7.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 656,735 shares of the financial services provider's stock after selling 51,146 shares during the period. Capital One Financial makes up 1.8% of Fiduciary Management Inc. WI's portfolio, making the stock its 25th largest holding. Fiduciary Management Inc. WI owned 0.10% of Capital One Financial worth $159,166,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also bought and sold shares of the company. Evolution Wealth Management Inc. grew its stake in Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider's stock valued at $26,000 after buying an additional 90 shares during the last quarter. VSM Wealth Advisory LLC acquired a new position in Capital One Financial in the 4th quarter valued at about $27,000. Cherry Tree Wealth Management LLC grew its stake in Capital One Financial by 1,312.5% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider's stock valued at $27,000 after buying an additional 105 shares during the last quarter. Strive Asset Management LLC acquired a new position in Capital One Financial in the 3rd quarter valued at about $28,000. Finally, Olistico Wealth LLC acquired a new position in Capital One Financial in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 89.84% of the company's stock.
Insider Transactions at Capital One Financial
In other news, General Counsel Matthew W. Cooper sold 3,500 shares of the company's stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of the sale, the general counsel owned 97,194 shares of the company's stock, valued at approximately $17,876,892.42. This represents a 3.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of the company's stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total transaction of $314,052.12. Following the sale, the insider directly owned 65,454 shares of the company's stock, valued at approximately $12,148,916.94. This trade represents a 2.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 8,040 shares of company stock valued at $1,498,615. Company insiders own 0.78% of the company's stock.
Capital One Financial Stock Performance
Shares of NYSE:COF opened at $180.58 on Friday. The company's 50 day moving average price is $189.03 and its two-hundred day moving average price is $208.10. Capital One Financial Corporation has a 12-month low of $174.98 and a 12-month high of $259.64. The firm has a market cap of $112.37 billion, a PE ratio of 63.36, a PEG ratio of 0.66 and a beta of 1.03. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46.
Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The business had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. During the same quarter in the previous year, the company earned $4.06 EPS. The business's revenue for the quarter was up 52.3% on a year-over-year basis. Equities research analysts predict that Capital One Financial Corporation will post 19.13 earnings per share for the current year.
Capital One Financial Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, May 19th. Capital One Financial's dividend payout ratio is 112.28%.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of Capital One Financial in a research note on Friday, March 27th. TD Cowen decreased their price target on shares of Capital One Financial from $290.00 to $260.00 and set a "buy" rating on the stock in a research note on Tuesday, March 31st. Rothschild & Co Redburn decreased their price target on shares of Capital One Financial from $290.00 to $275.00 and set a "buy" rating on the stock in a research note on Wednesday, April 29th. Truist Financial decreased their price target on shares of Capital One Financial from $275.00 to $255.00 and set a "buy" rating on the stock in a research note on Thursday, April 23rd. Finally, BTIG Research reiterated a "buy" rating and issued a $224.00 price target on shares of Capital One Financial in a research note on Wednesday, April 22nd. Seventeen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $258.75.
Get Our Latest Report on COF
Capital One Financial Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corporation (NYSE:COF - Free Report).
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