Siemens Fonds Invest GmbH Boosts Position in Capital One Financial Co. (NYSE:COF)

Siemens Fonds Invest GmbH boosted its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 2,139.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 92,431 shares of the financial services provider's stock after purchasing an additional 88,304 shares during the quarter. Capital One Financial comprises about 0.6% of Siemens Fonds Invest GmbH's investment portfolio, making the stock its 26th largest position. Siemens Fonds Invest GmbH's holdings in Capital One Financial were worth $16,482,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Capital One Financial by 4.5% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider's stock valued at $8,234,000 after purchasing an additional 2,006 shares in the last quarter. Geode Capital Management LLC increased its position in Capital One Financial by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider's stock valued at $1,467,393,000 after acquiring an additional 207,427 shares during the last quarter. Westbourne Investments Inc. bought a new position in Capital One Financial during the fourth quarter valued at $410,000. Lone Pine Capital LLC bought a new position in Capital One Financial during the fourth quarter valued at $577,012,000. Finally, Beacon Pointe Advisors LLC increased its position in Capital One Financial by 8.9% during the fourth quarter. Beacon Pointe Advisors LLC now owns 34,781 shares of the financial services provider's stock valued at $6,202,000 after acquiring an additional 2,839 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. cut their price objective on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. BTIG Research upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price target on the stock in a report on Tuesday, March 25th. Robert W. Baird upgraded shares of Capital One Financial from a "neutral" rating to an "outperform" rating and upped their price target for the stock from $190.00 to $200.00 in a report on Tuesday, March 11th. Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target on the stock in a report on Wednesday, March 12th. Finally, Baird R W upgraded shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 11th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $207.60.

Capital One Financial Stock Down 0.9%

Capital One Financial stock traded down $1.63 during midday trading on Friday, hitting $189.13. 6,181,858 shares of the company's stock were exchanged, compared to its average volume of 3,490,321. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The firm has a 50-day moving average of $179.14 and a two-hundred day moving average of $184.65. The company has a market cap of $72.46 billion, a PE ratio of 16.32, a P/E/G ratio of 1.19 and a beta of 1.13.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS 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 analyst estimates of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. As a group, analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.27%. The ex-dividend date of this dividend is Friday, May 23rd. Capital One Financial's payout ratio is 20.15%.

Insider Buying and Selling at Capital One Financial

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

Capital One Financial Company 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.