Capital One Financial Corporation $COF Holdings Cut by Requisite Capital Management LLC

Requisite Capital Management LLC trimmed its position in shares of Capital One Financial Corporation (NYSE:COF) by 74.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,252 shares of the financial services provider’s stock after selling 3,573 shares during the period. Requisite Capital Management LLC’s holdings in Capital One Financial were worth $303,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Capital International Investors raised its stake in shares of Capital One Financial by 107.9% during the third quarter. Capital International Investors now owns 4,040,408 shares of the financial services provider’s stock valued at $859,602,000 after purchasing an additional 2,097,208 shares in the last quarter. Viking Global Investors LP increased its stake in Capital One Financial by 30.3% during the 3rd quarter. Viking Global Investors LP now owns 7,388,506 shares of the financial services provider’s stock valued at $1,570,649,000 after buying an additional 1,717,148 shares during the period. Bessemer Group Inc. increased its stake in Capital One Financial by 7,143.2% during the 4th quarter. Bessemer Group Inc. now owns 1,448,126 shares of the financial services provider’s stock valued at $350,966,000 after buying an additional 1,428,133 shares during the period. Franklin Resources Inc. raised its position in shares of Capital One Financial by 12.8% during the 3rd 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 in the last quarter. Finally, Waverton Investment Management Ltd raised its position in shares of Capital One Financial by 1,390.9% during the 3rd quarter. Waverton Investment Management Ltd now owns 1,181,834 shares of the financial services provider’s stock worth $251,323,000 after buying an additional 1,102,563 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Insider Activity at Capital One Financial

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total value of $643,755.00. Following the completion of the transaction, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. This represents a 3.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction 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 sale, the insider owned 61,579 shares in the company, valued at $11,858,883.82. This represents a 2.76% 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 90 days, insiders have sold 49,904 shares of company stock worth $9,528,159. Insiders own 0.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Barclays boosted their target price on shares of Capital One Financial from $226.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. UBS Group dropped their price target on Capital One Financial from $283.00 to $270.00 in a report on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research report on Friday, March 27th. The Goldman Sachs Group reduced their price objective on Capital One Financial from $300.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. Finally, Evercore decreased their target price on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a report on Monday, April 6th. Eighteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average price target of $257.52.

Capital One Financial Stock Up 0.0%

Capital One Financial stock opened at $187.19 on Monday. Capital One Financial Corporation has a 1-year low of $174.98 and a 1-year high of $259.64. The firm’s fifty day simple moving average is $188.41 and its 200-day simple moving average is $211.59. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $116.48 billion, a P/E ratio of 65.68, a P/E/G ratio of 0.68 and a beta of 1.05.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $15.68 billion. During the same quarter in the previous year, the firm posted $4.06 earnings per share. Capital One Financial’s quarterly revenue was up 52.3% compared to the same quarter last year. Sell-side analysts forecast that Capital One Financial Corporation will post 19.17 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th will be paid a $0.80 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. Capital One Financial’s dividend payout ratio (DPR) is presently 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.