Investor AB Makes New $1.21 Million Investment in Capital One Financial Corporation $COF

Investor AB acquired a new position in shares of Capital One Financial Corporation (NYSE:COF) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,000 shares of the financial services provider’s stock, valued at approximately $1,212,000. Capital One Financial comprises about 0.0% of Investor AB’s holdings, making the stock its 3rd biggest position.

A number of other large investors also recently bought and sold shares of COF. Brighton Jones LLC raised its position in Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after buying an additional 10,428 shares during the last quarter. Intech Investment Management LLC grew its stake in shares of Capital One Financial by 44.3% during the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after purchasing an additional 2,753 shares during the period. Sivia Capital Partners LLC grew its stake in shares of Capital One Financial by 118.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock worth $702,000 after purchasing an additional 1,788 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of Capital One Financial during the 2nd quarter worth $218,000. Finally, Jump Financial LLC acquired a new position in shares of Capital One Financial during the 2nd quarter worth $1,086,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

Capital One Financial stock opened at $200.69 on Thursday. The firm’s 50-day moving average is $190.09 and its two-hundred day moving average is $206.97. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64. The stock has a market capitalization of $124.89 billion, a P/E ratio of 70.42, a P/E/G ratio of 0.72 and a beta of 1.03.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) 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 company had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. During the same period in the prior year, the business posted $4.06 earnings per share. Capital One Financial’s revenue was up 52.3% on a year-over-year basis. Equities analysts predict that Capital One Financial Corporation will post 19.51 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were given 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 1.6%. Capital One Financial’s dividend payout ratio (DPR) is currently 112.28%.

Insider Buying and Selling

In related news, insider Celia Karam sold 1,749 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the sale, the insider directly owned 61,579 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which is available at 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 the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total transaction of $314,052.12. Following the completion of the sale, the insider directly owned 65,454 shares in the company, valued at $12,148,916.94. This represents a 2.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 8,040 shares of company stock valued at $1,498,615. Insiders own 0.78% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on COF. UBS Group lowered their price target on shares of Capital One Financial from $283.00 to $270.00 in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of 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. Royal Bank Of Canada lowered their price target on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a research note on Friday, April 10th. Morgan Stanley lowered their price target on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. Finally, TD Cowen lowered their price target on shares of Capital One Financial from $290.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, March 31st. Seventeen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and an average price target of $258.75.

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.