Teza Capital Management LLC Purchases New Shares in Capital One Financial Co. (NYSE:COF)

Teza Capital Management LLC acquired a new stake in shares of Capital One Financial Co. (NYSE:COF) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 1,412 shares of the financial services provider's stock, valued at approximately $252,000.

Several other institutional investors have also added to or reduced their stakes in COF. State of Wyoming purchased a new position in shares of Capital One Financial during the fourth quarter valued at about $187,000. Suvretta Capital Management LLC grew its holdings in shares of Capital One Financial by 6.8% during the 4th quarter. Suvretta Capital Management LLC now owns 251,642 shares of the financial services provider's stock worth $44,873,000 after acquiring an additional 16,042 shares during the period. Siemens Fonds Invest GmbH grew its holdings in shares of Capital One Financial by 2,139.7% during the 4th quarter. Siemens Fonds Invest GmbH now owns 92,431 shares of the financial services provider's stock worth $16,482,000 after acquiring an additional 88,304 shares during the period. Rafferty Asset Management LLC raised its position in shares of Capital One Financial by 4.0% in the 4th quarter. Rafferty Asset Management LLC now owns 134,603 shares of the financial services provider's stock worth $24,002,000 after acquiring an additional 5,142 shares in the last quarter. Finally, Raiffeisen Bank International AG purchased a new position in shares of Capital One Financial in the 4th quarter valued at approximately $707,000. 89.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on COF shares. Argus upgraded Capital One Financial to a "strong-buy" rating in a report on Thursday, January 23rd. Robert W. Baird upgraded shares of Capital One Financial from a "neutral" rating to an "outperform" rating and increased their price target for the stock from $190.00 to $200.00 in a research note on Tuesday, March 11th. Barclays lifted their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, January 22nd. 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. Finally, Wells Fargo & Company lifted their target price on shares of Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $207.73.

Capital One Financial Price Performance

Shares of NYSE COF opened at $195.90 on Wednesday. The firm has a market cap of $75.06 billion, a P/E ratio of 16.90, a PEG ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. 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 company has a 50 day moving average of $176.82 and a 200 day moving average of $184.25.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, topping the consensus estimate of $3.75 by $0.31. The firm 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%. As a group, research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend is Friday, May 23rd. Capital One Financial's dividend payout ratio (DPR) is currently 20.15%.

Insider Buying and Selling at Capital One Financial

In other news, insider Michael Zamsky sold 9,560 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was 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 owns 20,089 shares in the company, valued at $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Ann F. Hackett sold 1,658 shares of Capital One Financial 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 completion of the sale, the director now directly owns 56,244 shares in the company, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.26% of the company's stock.

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.

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