Seizert Capital Partners LLC Has $40.34 Million Stake in Capital One Financial Corporation $COF

Seizert Capital Partners LLC lifted its position in Capital One Financial Corporation (NYSE:COF) by 0.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 189,598 shares of the financial services provider’s stock after buying an additional 1,658 shares during the quarter. Capital One Financial accounts for about 1.8% of Seizert Capital Partners LLC’s investment portfolio, making the stock its 27th biggest holding. Seizert Capital Partners LLC’s holdings in Capital One Financial were worth $40,339,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Alteri Wealth LLC bought a new stake in Capital One Financial in the second quarter worth approximately $217,000. TD Waterhouse Canada Inc. lifted its stake in shares of Capital One Financial by 547.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 15,319 shares of the financial services provider’s stock valued at $3,294,000 after purchasing an additional 12,952 shares during the last quarter. VSM Wealth Advisory LLC bought a new stake in Capital One Financial in the second quarter worth $110,000. Renaissance Group LLC bought a new stake in Capital One Financial in the second quarter worth $431,000. Finally, FineMark National Bank & Trust increased its position in Capital One Financial by 3.3% during the second quarter. FineMark National Bank & Trust now owns 17,040 shares of the financial services provider’s stock worth $3,625,000 after buying an additional 538 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

NYSE:COF opened at $200.61 on Wednesday. The firm’s 50-day moving average is $217.89 and its 200-day moving average is $211.42. The company has a market cap of $127.53 billion, a price-to-earnings ratio of 84.64, a PEG ratio of 0.70 and a beta of 1.19. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45.

Capital One Financial (NYSE:COF) last released its earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The business had revenue of $15.46 billion for the quarter. Equities research analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be paid a $0.80 dividend. The ex-dividend date is Monday, November 17th. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. Capital One Financial’s dividend payout ratio is currently 135.02%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Capital One Financial in a research report on Thursday, November 13th. TD Cowen boosted their target price on Capital One Financial from $258.00 to $261.00 and gave the stock a “buy” rating in a report on Monday, October 6th. UBS Group decreased their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a research report on Tuesday, October 7th. Zacks Research raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. Finally, Evercore ISI upped their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a report on Tuesday, September 30th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $261.63.

Insider Transactions at Capital One Financial

In other Capital One Financial news, CEO Richard D. Fairbank sold 103,487 shares of Capital One Financial stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $220.68, for a total transaction of $22,837,511.16. Following the sale, the chief executive officer owned 4,001,228 shares in the company, valued at $882,990,995.04. The trade was a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Frank G. LapradeIii sold 17,840 shares of the business’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $222.03, for a total transaction of $3,961,015.20. Following the completion of the sale, the insider directly owned 48,315 shares in the company, valued at $10,727,379.45. This trade represents a 26.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 274,013 shares of company stock valued at $61,045,903 in the last ninety days. 1.26% of the stock is owned by company 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.