Capital One Financial Corporation $COF Stock Holdings Increased by MUFG Securities EMEA plc

MUFG Securities EMEA plc increased its holdings in Capital One Financial Corporation (NYSE:COF) by 112.9% during the fourth quarter, Holdings Channel reports. The firm owned 26,062 shares of the financial services provider’s stock after purchasing an additional 13,821 shares during the period. MUFG Securities EMEA plc’s holdings in Capital One Financial were worth $6,316,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Meridian Wealth Management LLC increased its position in shares of Capital One Financial by 334.8% in the third quarter. Meridian Wealth Management LLC now owns 9,404 shares of the financial services provider’s stock worth $1,999,000 after acquiring an additional 7,241 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of Capital One Financial by 17.3% in the third quarter. Jones Financial Companies Lllp now owns 129,013 shares of the financial services provider’s stock worth $28,861,000 after acquiring an additional 19,059 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Capital One Financial by 16.6% in the third quarter. Victory Capital Management Inc. now owns 378,450 shares of the financial services provider’s stock worth $80,451,000 after acquiring an additional 53,961 shares in the last quarter. Atlantic Union Bankshares Corp increased its position in shares of Capital One Financial by 11.4% in the third quarter. Atlantic Union Bankshares Corp now owns 97,437 shares of the financial services provider’s stock worth $20,713,000 after acquiring an additional 9,976 shares in the last quarter. Finally, HighPoint Advisor Group LLC increased its position in shares of Capital One Financial by 11.7% in the third quarter. HighPoint Advisor Group LLC now owns 26,324 shares of the financial services provider’s stock worth $5,596,000 after acquiring an additional 2,754 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Performance

Shares of COF opened at $188.06 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $117.03 billion, a PE ratio of 65.98, a PEG ratio of 0.69 and a beta of 1.03. Capital One Financial Corporation has a 52 week low of $174.98 and a 52 week high of $259.64. The company’s 50 day moving average price is $189.11 and its 200 day moving average price is $209.28.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate of $5.08 by ($0.66). The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The business’s revenue was up 52.3% on a year-over-year basis. During the same period in the prior year, the firm earned $4.06 earnings per share. Research analysts expect that Capital One Financial Corporation will post 19.14 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 19th. Capital One Financial’s payout ratio is currently 112.28%.

Analyst Ratings Changes

A number of research analysts recently commented on COF shares. Argus lowered their price objective on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $213.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. Jefferies Financial Group reaffirmed a “buy” rating and set a $300.00 price objective on shares of Capital One Financial in a research report on Monday, March 16th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Finally, The Goldman Sachs Group lowered their price objective on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Seventeen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $258.75.

Insiders Place Their Bets

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total value of $643,755.00. Following the completion of the sale, the general counsel directly owned 97,194 shares of the company’s stock, valued at $17,876,892.42. The trade was a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the completion of the sale, the insider directly owned 61,579 shares of the company’s stock, valued at $11,858,883.82. This represents a 2.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 8,040 shares of company stock valued at $1,498,615 over the last ninety days. Corporate insiders own 0.78% of the company’s stock.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.