Capital One Financial Corporation $COF Shares Acquired by Sivia Capital Partners LLC

Sivia Capital Partners LLC grew its position in Capital One Financial Corporation (NYSE:COF) by 142.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,883 shares of the financial services provider’s stock after purchasing an additional 5,225 shares during the period. Sivia Capital Partners LLC’s holdings in Capital One Financial were worth $2,153,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Norges Bank purchased a new stake in shares of Capital One Financial in the fourth quarter worth about $2,089,803,000. Capital International Investors boosted its stake in shares of Capital One Financial by 107.9% in the third quarter. Capital International Investors now owns 4,040,408 shares of the financial services provider’s stock worth $859,602,000 after buying an additional 2,097,208 shares during the last quarter. Viking Global Investors LP boosted its stake in shares of Capital One Financial by 30.3% in the third quarter. Viking Global Investors LP now owns 7,388,506 shares of the financial services provider’s stock worth $1,570,649,000 after buying an additional 1,717,148 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of Capital One Financial by 7,143.2% in the fourth quarter. Bessemer Group Inc. now owns 1,448,126 shares of the financial services provider’s stock worth $350,966,000 after buying an additional 1,428,133 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of Capital One Financial by 12.8% in the third quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock worth $2,516,587,000 after buying an additional 1,339,215 shares during the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on COF. Evercore lowered their target price on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a research note on Monday, April 6th. Jefferies Financial Group restated a “buy” rating and issued a $300.00 target price on shares of Capital One Financial in a research note on Monday, March 16th. Deutsche Bank Aktiengesellschaft lowered their target price on Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a research note on Wednesday, April 22nd. UBS Group lowered their target price on Capital One Financial from $283.00 to $270.00 in a research note on Wednesday, May 6th. Finally, Rothschild & Co Redburn lowered their target price on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Seventeen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $258.75.

Insiders Place Their Bets

In other news, insider Celia Karam sold 1,749 shares of the firm’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 value of $336,822.42. Following the transaction, the insider owned 61,579 shares in the company, valued at $11,858,883.82. This trade represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total value of $314,052.12. Following the completion of the transaction, the insider owned 65,454 shares in the company, valued at approximately $12,148,916.94. This trade represents a 2.52% decrease in their position. 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. Over the last 90 days, insiders have sold 8,040 shares of company stock worth $1,498,615. 0.78% of the stock is owned by corporate insiders.

Capital One Financial Stock Performance

Shares of COF stock opened at $177.75 on Thursday. The company has a market capitalization of $110.61 billion, a P/E ratio of 62.37, a P/E/G ratio of 0.67 and a beta of 1.03. The business’s 50 day moving average is $189.14 and its two-hundred day moving average is $208.49. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. Capital One Financial Corporation has a 12-month low of $174.98 and a 12-month high of $259.64.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The business had revenue of $15.23 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 52.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.06 EPS. Analysts expect that Capital One Financial Corporation will post 19.13 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were given a dividend of $0.80 per share. The ex-dividend date was Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.8%. Capital One Financial’s dividend payout ratio is currently 112.28%.

Capital One Financial Profile

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.