Capital One Financial Co. (NYSE:COF) Shares Purchased by Neo Ivy Capital Management

Neo Ivy Capital Management increased its position in shares of Capital One Financial Co. (NYSE:COF) by 15.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,869 shares of the financial services provider’s stock after purchasing an additional 257 shares during the period. Neo Ivy Capital Management’s holdings in Capital One Financial were worth $333,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norden Group LLC boosted its position in Capital One Financial by 2.6% during the fourth 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 during the last quarter. Catalyst Financial Partners LLC boosted its holdings in shares of Capital One Financial by 3.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock valued at $255,000 after purchasing an additional 54 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Capital One Financial by 1.0% in the 4th 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 during the last quarter. Gladstone Institutional Advisory LLC raised its stake in shares of Capital One Financial by 3.3% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after acquiring an additional 56 shares during the period. Finally, TFB Advisors LLC raised its stake in shares of Capital One Financial by 4.1% in the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after acquiring an additional 59 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Trading Down 2.1%

Shares of COF stock opened at $184.67 on Friday. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The stock has a market cap of $70.75 billion, a price-to-earnings ratio of 15.93, a P/E/G ratio of 1.19 and a beta of 1.13. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a fifty day moving average of $177.91 and a 200-day moving average of $184.58.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data 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. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10 billion during the quarter, compared to analysts’ expectations of $10.07 billion. On average, equities research analysts forecast 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 announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Friday, May 23rd. Capital One Financial’s payout ratio is 20.15%.

Insider Transactions at Capital One Financial

In other news, Director Ann F. Hackett sold 1,658 shares of the company’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $198.70, for a total value of $329,444.60. Following the sale, the director now owns 56,244 shares of the company’s stock, valued at approximately $11,175,682.80. This represents a 2.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael Zamsky sold 9,560 shares of the company’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 sale, the insider now directly owns 20,089 shares in the company, valued at approximately $4,005,746.60. The trade was a 32.24% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on COF shares. Evercore ISI raised 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 research note on Wednesday, March 12th. Bank of America raised their price objective on shares of Capital One Financial from $223.00 to $233.00 and gave the stock a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. decreased their price target on shares of Capital One Financial from $198.00 to $170.00 and set a “neutral” rating for the company in a report on Tuesday, April 8th. Baird R W raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. Finally, Royal Bank of Canada set a $190.00 target price on shares of Capital One Financial and gave the company a “sector perform” rating in a research note on Monday, April 14th. Four research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $207.60.

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.