Salzhauer Michael Raises Holdings in Capital One Financial Corporation (NYSE:COF)

Salzhauer Michael lifted its holdings in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 42.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,739 shares of the financial services provider's stock after buying an additional 2,312 shares during the period. Salzhauer Michael's holdings in Capital One Financial were worth $1,388,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Kohmann Bosshard Financial Services LLC acquired a new stake in Capital One Financial in the fourth quarter valued at about $27,000. SBI Securities Co. Ltd. acquired a new stake in Capital One Financial in the fourth quarter valued at about $32,000. Beacon Capital Management LLC lifted its position in Capital One Financial by 118.3% in the first quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock valued at $32,000 after purchasing an additional 97 shares during the period. Murphy & Mullick Capital Management Corp acquired a new stake in Capital One Financial in the fourth quarter valued at about $41,000. Finally, Bernard Wealth Management Corp. acquired a new stake in Capital One Financial in the first quarter valued at about $54,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Insiders Place Their Bets

In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of the stock in a transaction on Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the transaction, the director now 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 sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Michael Zamsky sold 9,560 shares of the stock in a transaction 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 transaction, the insider now directly owns 20,089 shares in the company, valued at approximately $4,005,746.60. This represents a 32.24% 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 Analyst Weigh In

A number of equities research analysts recently commented on COF shares. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $183.00 to $210.00 and gave the company a "neutral" rating in a research report on Thursday. Citigroup reduced their price objective on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research report on Monday, March 24th. BTIG Research upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a research report on Tuesday, March 25th. Truist Financial raised their price objective on shares of Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research report on Friday, April 25th. Finally, Bank of America raised their price objective on shares of Capital One Financial from $223.00 to $233.00 and gave the company a "buy" rating in a research report on Wednesday, May 21st. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and an average price target of $215.86.

Capital One Financial Price Performance

NYSE:COF traded up $0.66 during trading hours on Friday, reaching $211.17. 4,407,824 shares of the company traded hands, compared to its average volume of 3,582,980. The firm's 50-day moving average is $192.21 and its 200-day moving average is $186.43. The stock has a market cap of $80.91 billion, a P/E ratio of 17.73, 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. Capital One Financial Corporation has a 1-year low of $128.23 and a 1-year high of $212.82.

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

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date was Friday, May 23rd. Capital One Financial's dividend payout ratio is presently 20.15%.

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.