PBU The Pension Fund of Early Childhood & Youth Educators Takes Position in Capital One Financial Corporation $COF

PBU The Pension Fund of Early Childhood & Youth Educators acquired a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 107,458 shares of the financial services provider’s stock, valued at approximately $26,044,000. Capital One Financial comprises about 0.9% of PBU The Pension Fund of Early Childhood & Youth Educators’ portfolio, making the stock its 13th largest position.

A number of other hedge funds have also made changes to their positions in the stock. Evolution Wealth Management Inc. grew its holdings in Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after buying an additional 90 shares during the last quarter. VSM Wealth Advisory LLC acquired a new stake in Capital One Financial in the 4th quarter valued at approximately $27,000. Cherry Tree Wealth Management LLC grew its holdings in Capital One Financial by 1,312.5% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $27,000 after buying an additional 105 shares during the last quarter. Olistico Wealth LLC acquired a new stake in Capital One Financial in the 4th quarter valued at approximately $30,000. Finally, Strive Asset Management LLC acquired a new stake in Capital One Financial in the 3rd quarter valued at approximately $28,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $180.58 on Friday. Capital One Financial Corporation has a 1-year low of $174.98 and a 1-year high of $259.64. The firm has a market capitalization of $112.37 billion, a PE ratio of 63.36, a PEG ratio of 0.67 and a beta of 1.03. The business’s 50 day moving average is $189.03 and its 200-day moving average is $208.10. 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 (NYSE:COF) last announced its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. During the same period in the previous year, the business posted $4.06 EPS. Capital One Financial’s revenue for the quarter was up 52.3% compared to the same quarter last year. Sell-side analysts predict that Capital One Financial Corporation will post 19.13 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, May 19th. Capital One Financial’s dividend payout ratio (DPR) is presently 112.28%.

Analyst Ratings Changes

A number of research firms have issued reports on COF. 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 report on Wednesday, April 29th. Barclays raised their target price on Capital One Financial from $226.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Wells Fargo & Company lowered their target price on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. The Goldman Sachs Group lowered their target price on Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a report on Tuesday, April 7th. Finally, Truist Financial lowered their target price on Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Seventeen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average target price of $258.75.

Insider Transactions at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the sale, the general counsel owned 97,194 shares of the company’s stock, valued at approximately $17,876,892.42. This trade represents a 3.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of Capital One Financial stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total value of $314,052.12. Following the sale, the insider directly owned 65,454 shares in the company, valued at $12,148,916.94. The trade was 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. In the last quarter, insiders have sold 8,040 shares of company stock valued at $1,498,615. 0.78% of the stock is owned by corporate insiders.

Capital One Financial Company 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.