WINTON GROUP Ltd Makes New Investment in Capital One Financial Corporation $COF

WINTON GROUP Ltd bought a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 24,745 shares of the financial services provider’s stock, valued at approximately $5,265,000.

A number of other hedge funds have also recently made changes to their positions in COF. WPG Advisers LLC bought a new position in shares of Capital One Financial during the first quarter worth $25,000. Moisand Fitzgerald Tamayo LLC lifted its position in shares of Capital One Financial by 103.3% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after buying an additional 62 shares in the last quarter. Olistico Wealth LLC increased its stake in Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 101 shares during the last quarter. Saudi Central Bank purchased a new stake in shares of Capital One Financial during the 1st quarter worth approximately $27,000. Finally, RMG Wealth Management LLC purchased a new stake in shares of Capital One Financial during the 2nd quarter valued at about $27,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Up 0.7%

NYSE COF opened at $231.37 on Monday. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $233.01. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $147.09 billion, a price-to-earnings ratio of 97.62, a price-to-earnings-growth ratio of 0.55 and a beta of 1.16. The company’s 50-day simple moving average is $215.82 and its two-hundred day simple moving average is $213.60.

Capital One Financial (NYSE:COF) last announced its earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) 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 analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, November 17th. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s payout ratio is presently 135.02%.

Insider Activity

In other Capital One Financial news, insider Lia Dean sold 3,269 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $218.15, for a total value of $713,132.35. Following the completion of the sale, the insider directly owned 69,855 shares in the company, valued at approximately $15,238,868.25. This trade represents a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Neal Blinde sold 43,200 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the completion of the sale, the insider owned 73,020 shares of the company’s stock, valued at $16,198,026.60. This trade represents a 37.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 280,218 shares of company stock worth $62,395,804 over the last 90 days. 1.26% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Barclays boosted their price objective on shares of Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Capital One Financial in a research report on Monday, December 1st. Cowen restated a “buy” rating on shares of Capital One Financial in a research report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft increased their price target on Capital One Financial from $224.00 to $240.00 and gave the stock a “hold” rating in a report on Wednesday, October 22nd. Finally, Morgan Stanley raised their price target on Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average target price of $262.05.

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.