Leonteq Securities AG Acquires New Position in Capital One Financial Corporation $COF

Leonteq Securities AG purchased a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,075 shares of the financial services provider’s stock, valued at approximately $988,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of COF. Capital International Investors increased its position 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 buying an additional 2,097,208 shares during the period. Viking Global Investors LP increased its position in shares of Capital One Financial by 30.3% during the third 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 position in shares of Capital One Financial by 7,143.2% during the fourth 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. increased its position in shares of Capital One Financial by 12.8% during the third quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock valued at $2,516,587,000 after buying an additional 1,339,215 shares during the period. Finally, Waverton Investment Management Ltd increased its position in shares of Capital One Financial by 1,390.9% during the third quarter. Waverton Investment Management Ltd now owns 1,181,834 shares of the financial services provider’s stock valued at $251,323,000 after buying an additional 1,102,563 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Down 0.3%

Shares of NYSE COF opened at $186.62 on Friday. Capital One Financial Corporation has a one year low of $174.98 and a one year high of $259.64. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03. The firm’s 50 day simple moving average is $188.24 and its two-hundred day simple moving average is $210.64. The stock has a market capitalization of $116.13 billion, a P/E ratio of 65.48, a PEG ratio of 0.68 and a beta of 1.05.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The business had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. During the same quarter in the previous year, the business earned $4.06 earnings per share. The firm’s revenue was up 52.3% on a year-over-year basis. As a group, analysts expect that Capital One Financial Corporation will post 19.17 EPS 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 dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 19th. Capital One Financial’s dividend payout ratio is 112.28%.

Wall Street Analysts Forecast Growth

COF has been the topic of several research analyst reports. Wolfe Research decreased their price objective on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a research report on Friday, January 23rd. Argus decreased their price objective on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. TD Cowen decreased their price objective on shares of Capital One Financial from $290.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, March 31st. UBS Group decreased their price objective on shares of Capital One Financial from $283.00 to $270.00 in a research report on Wednesday, May 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a research report on Friday, March 27th. Seventeen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $258.75.

Insider Activity

In other news, insider Jason P. Hanson sold 3,729 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total transaction of $764,445.00. Following the completion of the sale, the insider owned 40,230 shares of the company’s stock, valued at approximately $8,247,150. This represents a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Neal Blinde sold 38,135 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total value of $7,265,098.85. Following the sale, the insider directly owned 33,551 shares of the company’s stock, valued at approximately $6,391,801.01. This trade represents a 53.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 49,904 shares of company stock valued at $9,528,159. Corporate insiders own 0.78% of the company’s stock.

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.