Capital One Financial Co. (NYSE:COF) Holdings Increased by Crestline Management LP

Crestline Management LP lifted its stake in Capital One Financial Co. (NYSE:COFFree Report) by 457.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 55,724 shares of the financial services provider’s stock after acquiring an additional 45,724 shares during the period. Crestline Management LP’s holdings in Capital One Financial were worth $7,307,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Eagle Asset Management Inc. bought a new stake in Capital One Financial in the fourth quarter worth about $4,738,000. Bank of Nova Scotia raised its holdings in shares of Capital One Financial by 602.2% in the 4th quarter. Bank of Nova Scotia now owns 235,237 shares of the financial services provider’s stock worth $30,843,000 after purchasing an additional 201,737 shares in the last quarter. Qtron Investments LLC lifted its stake in Capital One Financial by 80.5% during the fourth quarter. Qtron Investments LLC now owns 4,811 shares of the financial services provider’s stock valued at $631,000 after purchasing an additional 2,146 shares during the last quarter. Dorsey & Whitney Trust CO LLC bought a new stake in Capital One Financial during the fourth quarter worth approximately $248,000. Finally, Avestar Capital LLC grew its position in Capital One Financial by 0.9% in the fourth quarter. Avestar Capital LLC now owns 10,408 shares of the financial services provider’s stock worth $1,365,000 after buying an additional 94 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Up 1.1 %

Shares of NYSE:COF traded up $1.45 on Friday, reaching $137.63. The company had a trading volume of 4,432,570 shares, compared to its average volume of 1,643,817. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $52.33 billion, a P/E ratio of 10.78, a P/E/G ratio of 1.07 and a beta of 1.46. The stock has a 50-day moving average price of $142.06 and a 200 day moving average price of $133.50. Capital One Financial Co. has a twelve month low of $88.23 and a twelve month high of $149.94.

Capital One Financial (NYSE:COFGet Free Report) last announced its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing the consensus estimate of $3.25 by ($0.04). Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The company had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. During the same quarter last year, the business earned $2.31 EPS. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, equities analysts expect that Capital One Financial Co. will post 13.17 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date was Friday, May 10th. Capital One Financial’s dividend payout ratio is 18.79%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on COF shares. Royal Bank of Canada increased their price target on Capital One Financial from $142.00 to $150.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 21st. Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target on the stock in a report on Thursday, April 4th. Wells Fargo & Company raised their price objective on shares of Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. UBS Group boosted their target price on shares of Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, February 29th. Finally, Piper Sandler raised their target price on Capital One Financial from $126.00 to $142.00 and gave the stock a “neutral” rating in a research report on Friday, February 23rd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $138.50.

Read Our Latest Report on COF

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the transaction, the insider now directly owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, insider Celia Karam sold 16,913 shares of the stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the sale, the insider now owns 47,081 shares in the company, valued at $6,726,933.28. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Timothy P. Golden sold 8,656 shares of the business’s stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total value of $1,246,810.24. Following the transaction, the insider now owns 10,246 shares in the company, valued at $1,475,833.84. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

About Capital One Financial

(Free Report)

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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