Woodline Partners LP Takes Position in Capital One Financial Co. (NYSE:COF)

Woodline Partners LP acquired a new position in shares of Capital One Financial Co. (NYSE:COF - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 22,911 shares of the financial services provider's stock, valued at approximately $4,085,000.

Several other institutional investors have also modified their holdings of the company. Norden Group LLC boosted its position in shares of Capital One Financial by 2.6% during the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock worth $358,000 after acquiring an additional 51 shares in the last quarter. Catalyst Financial Partners LLC lifted its stake in Capital One Financial by 3.9% during the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock worth $255,000 after purchasing an additional 54 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in Capital One Financial by 1.0% in the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock valued at $936,000 after purchasing an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC increased its stake in Capital One Financial by 3.3% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock valued at $317,000 after purchasing an additional 56 shares during the last quarter. Finally, TFB Advisors LLC raised its holdings in Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock worth $265,000 after purchasing an additional 59 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on COF shares. Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price for the company in a report on Wednesday, March 12th. Wells Fargo & Company upped their price objective on shares of Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a research note on Thursday, April 24th. Baird R W upgraded Capital One Financial from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Royal Bank of Canada set a $190.00 target price on Capital One Financial and gave the company a "sector perform" rating in a research report on Monday, April 14th. Finally, Robert W. Baird upgraded Capital One Financial from a "neutral" rating to an "outperform" rating and raised their price target for the stock from $190.00 to $200.00 in a research note on Tuesday, March 11th. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $207.60.

Capital One Financial Stock Performance

Shares of COF stock traded down $0.97 during midday trading on Wednesday, hitting $191.08. The company had a trading volume of 4,355,338 shares, compared to its average volume of 3,454,881. The stock has a market cap of $73.21 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 1.19 and a beta of 1.13. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The company's 50 day simple moving average is $178.50 and its 200 day simple moving average is $184.59. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67.

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

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be paid a dividend of $0.60 per share. The ex-dividend date is Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.26%. Capital One Financial's dividend payout ratio (DPR) is 20.15%.

Insider Buying and Selling

In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of the business's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Zamsky sold 9,560 shares of the company's stock in a transaction on 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 transaction, the insider now directly owns 20,089 shares in the company, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by corporate insiders.

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.