Capital One Financial Corporation $COF is Egerton Capital UK LLP’s 5th Largest Position

Egerton Capital UK LLP trimmed its position in shares of Capital One Financial Corporation (NYSE:COF) by 0.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 2,069,130 shares of the financial services provider’s stock after selling 8,709 shares during the period. Capital One Financial accounts for 5.5% of Egerton Capital UK LLP’s holdings, making the stock its 5th largest position. Egerton Capital UK LLP’s holdings in Capital One Financial were worth $501,474,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of COF. Evolution Wealth Management Inc. boosted its holdings in Capital One Financial by 529.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 90 shares during the period. VSM Wealth Advisory LLC acquired a new stake in Capital One Financial in the 4th quarter valued at about $27,000. Cherry Tree Wealth Management LLC raised its position 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 purchasing an additional 105 shares in the last quarter. Strive Asset Management LLC acquired a new stake in Capital One Financial in the 3rd quarter valued at about $28,000. Finally, Olistico Wealth LLC acquired a new stake in Capital One Financial in the 4th quarter valued at about $30,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

NYSE COF opened at $180.58 on Monday. The firm has a market cap of $112.37 billion, a P/E ratio of 63.36, a P/E/G ratio of 0.66 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 business’s 50-day moving average price is $189.03 and its 200 day moving average price is $208.15. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data 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 company had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The firm’s revenue was up 52.3% on a year-over-year basis. During the same period in the prior year, the company earned $4.06 earnings per share. On average, equities research analysts expect 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 announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were issued a $0.80 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.8%. Capital One Financial’s payout ratio is presently 112.28%.

Insider Transactions at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total transaction of $643,755.00. Following the transaction, the general counsel directly owned 97,194 shares in the company, valued at $17,876,892.42. The trade was a 3.48% decrease in their ownership of the stock. The sale 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 Celia Karam sold 1,749 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the transaction, 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 have sold a total of 8,040 shares of company stock worth $1,498,615 over the last ninety days. 0.78% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on COF. Jefferies Financial Group reaffirmed a “buy” rating and issued a $300.00 price target on shares of Capital One Financial in a research report on Monday, March 16th. Truist Financial reduced their price target on Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. Barclays increased their price target on Capital One Financial from $226.00 to $250.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. BTIG Research reaffirmed a “buy” rating and issued a $224.00 price target on shares of Capital One Financial in a research report on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on 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. Seventeen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $258.75.

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.