Hudson Bay Capital Management LP Acquires 109,938 Shares of Capital One Financial Co. (NYSE:COF)

Hudson Bay Capital Management LP boosted its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 30.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 473,282 shares of the financial services provider's stock after buying an additional 109,938 shares during the quarter. Capital One Financial accounts for approximately 0.3% of Hudson Bay Capital Management LP's investment portfolio, making the stock its 19th largest position. Hudson Bay Capital Management LP owned approximately 0.12% of Capital One Financial worth $84,396,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Engle Capital Management L.P. acquired a new position in shares of Capital One Financial in the 4th quarter valued at $8,987,000. Ensign Peak Advisors Inc lifted its stake in Capital One Financial by 128.9% in the 4th quarter. Ensign Peak Advisors Inc now owns 295,422 shares of the financial services provider's stock worth $52,680,000 after acquiring an additional 166,354 shares in the last quarter. Ethic Inc. lifted its stake in Capital One Financial by 15.3% in the 4th quarter. Ethic Inc. now owns 31,037 shares of the financial services provider's stock worth $5,535,000 after acquiring an additional 4,121 shares in the last quarter. First Manhattan CO. LLC. lifted its stake in Capital One Financial by 2.9% in the 4th quarter. First Manhattan CO. LLC. now owns 541,922 shares of the financial services provider's stock worth $96,636,000 after acquiring an additional 15,227 shares in the last quarter. Finally, EP Wealth Advisors LLC lifted its stake in Capital One Financial by 33.3% in the 4th quarter. EP Wealth Advisors LLC now owns 3,480 shares of the financial services provider's stock worth $621,000 after acquiring an additional 869 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Capital One Financial Stock Performance

COF traded down $4.45 during midday trading on Wednesday, reaching $196.59. The company's stock had a trading volume of 7,113,054 shares, compared to its average volume of 3,266,757. The stock has a market cap of $75.32 billion, a P/E ratio of 16.96, a PEG ratio of 1.19 and a beta of 1.13. The company has a fifty day simple moving average of $173.90 and a 200 day simple moving average of $183.12. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67.

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

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend is Friday, May 23rd. Capital One Financial's payout ratio is presently 20.15%.

Analysts Set New Price Targets

COF has been the subject of several research analyst reports. Baird R W raised Capital One Financial from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 11th. HSBC raised Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price target for the company in a research note on Tuesday, January 14th. Hsbc Global Res raised Capital One Financial from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, January 14th. Robert W. Baird raised 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. Finally, Barclays raised their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 22nd. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $207.73.

Insider Transactions at Capital One Financial

In other news, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction that occurred 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 sale, the insider now owns 20,089 shares of the company's stock, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ann F. Hackett sold 1,658 shares of the firm's 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 transaction, the director now 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 disclosure for this sale can be found here. 1.26% of the stock is owned by insiders.

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.