Public Employees Retirement Association of Colorado Raises Stock Holdings in Capital One Financial Co. (NYSE:COF)

Public Employees Retirement Association of Colorado increased its holdings in Capital One Financial Co. (NYSE:COF) by 422.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 56,798 shares of the financial services provider’s stock after purchasing an additional 45,924 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Capital One Financial were worth $7,447,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of COF. Comerica Bank raised its position in shares of Capital One Financial by 158.7% during the 3rd quarter. Comerica Bank now owns 87,852 shares of the financial services provider’s stock valued at $8,526,000 after buying an additional 53,894 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. bought a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $2,299,000. Montag A & Associates Inc. boosted its holdings in shares of Capital One Financial by 42,536.0% in the 4th quarter. Montag A & Associates Inc. now owns 21,318 shares of the financial services provider’s stock worth $2,795,000 after purchasing an additional 21,268 shares during the period. First Trust Direct Indexing L.P. increased its position in shares of Capital One Financial by 14.3% during the 4th quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock valued at $1,667,000 after purchasing an additional 1,588 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Capital One Financial by 1.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,498,413 shares of the financial services provider’s stock worth $242,471,000 after buying an additional 40,585 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 0.6 %

Capital One Financial stock opened at $136.35 on Friday. 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 firm has a market cap of $51.84 billion, a P/E ratio of 10.68, a P/E/G ratio of 1.06 and a beta of 1.45. The business has a fifty day moving average of $141.43 and a two-hundred day moving average of $134.14. 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 issued its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The company had revenue of $9.40 billion for the quarter, compared to analysts’ expectations of $9.35 billion. During the same quarter last year, the company earned $2.31 earnings per share. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. On average, analysts forecast that Capital One Financial Co. will post 13.05 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend was Friday, May 10th. Capital One Financial’s dividend payout ratio is currently 18.79%.

Insider Transactions at Capital One Financial

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

Wall Street Analysts Forecast Growth

A number of research firms recently commented on COF. UBS Group lifted their price target on shares of Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, February 29th. Evercore ISI increased their price target on Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a report on Thursday, March 28th. Royal Bank of Canada boosted their price objective on Capital One Financial from $142.00 to $150.00 and gave the company a “sector perform” rating in a report on Wednesday, February 21st. Piper Sandler increased their target price on Capital One Financial from $126.00 to $142.00 and gave the stock a “neutral” rating in a research note on Friday, February 23rd. Finally, BTIG Research assumed coverage on shares of Capital One Financial in a research note on Friday. They set a “neutral” rating for the company. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Capital One Financial has an average rating of “Hold” and an average price target of $141.25.

Read Our Latest Stock Analysis on Capital One Financial

Capital One Financial Company Profile

(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.

See Also

Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Co. (NYSE:COFFree Report).

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

Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.