Point72 Europe London LLP Takes $4.01 Million Position in Capital One Financial Co. (NYSE:COF)

Point72 Europe London LLP purchased a new position in Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 22,500 shares of the financial services provider's stock, valued at approximately $4,012,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in COF. Point72 Hong Kong Ltd bought a new stake in Capital One Financial in the fourth quarter valued at $2,535,000. PointState Capital LP bought a new position in Capital One Financial in the 4th quarter worth about $139,997,000. Prana Capital Management LP bought a new position in Capital One Financial in the 4th quarter worth approximately $22,000,000. ProShare Advisors LLC grew its stake in shares of Capital One Financial by 7.0% in the fourth quarter. ProShare Advisors LLC now owns 86,346 shares of the financial services provider's stock worth $15,397,000 after purchasing an additional 5,686 shares in the last quarter. Finally, Quantinno Capital Management LP raised its stake in shares of Capital One Financial by 45.7% during the fourth quarter. Quantinno Capital Management LP now owns 62,142 shares of the financial services provider's stock valued at $11,081,000 after purchasing an additional 19,502 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and raised their target price for the company from $190.00 to $200.00 in a research note on Tuesday, March 11th. Wells Fargo & Company upped their target price on Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a research report on Thursday, April 24th. Royal Bank of Canada set a $190.00 price target on Capital One Financial and gave the company a "sector perform" rating in a research report on Monday, April 14th. JPMorgan Chase & Co. cut their price objective on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Finally, BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price on the stock in a report on Tuesday, March 25th. Four 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.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $207.73.

Insider Buying and Selling at Capital One Financial

In related news, insider Michael Zamsky sold 9,560 shares of the 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 completion of the sale, the insider now owns 20,089 shares in the company, valued at $4,005,746.60. This represents a 32.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 transaction, the director now directly owns 56,244 shares in the company, valued at approximately $11,175,682.80. This represents a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.26% of the company's stock.

Capital One Financial Stock Down 2.2%

COF opened at $196.59 on Thursday. The business has a 50-day moving average of $174.37 and a 200-day moving average of $183.21. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The company has a market capitalization of $75.32 billion, a PE ratio of 16.96, a price-to-earnings-growth 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.

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 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.31. The company had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Equities research analysts forecast that Capital One Financial Co. will post 15.65 EPS 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 issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend is Friday, May 23rd. Capital One Financial's dividend payout ratio (DPR) is 20.15%.

Capital One Financial 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.

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