Metis Global Partners LLC Acquires 660 Shares of Capital One Financial Co. (NYSE:COF)

Metis Global Partners LLC raised its holdings in Capital One Financial Co. (NYSE:COF) by 4.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,157 shares of the financial services provider’s stock after purchasing an additional 660 shares during the period. Metis Global Partners LLC’s holdings in Capital One Financial were worth $2,250,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in COF. Pzena Investment Management LLC raised its holdings in Capital One Financial by 8.3% in the 3rd quarter. Pzena Investment Management LLC now owns 7,626,988 shares of the financial services provider’s stock valued at $740,199,000 after acquiring an additional 585,797 shares in the last quarter. National Bank of Canada FI grew its stake in Capital One Financial by 443.1% during the fourth quarter. National Bank of Canada FI now owns 553,744 shares of the financial services provider’s stock worth $73,150,000 after buying an additional 451,789 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Capital One Financial in the 4th quarter valued at approximately $46,268,000. Wellington Management Group LLP lifted its holdings in shares of Capital One Financial by 37.7% during the 3rd quarter. Wellington Management Group LLP now owns 1,184,671 shares of the financial services provider’s stock worth $114,972,000 after acquiring an additional 324,095 shares during the period. Finally, Assenagon Asset Management S.A. increased its stake in Capital One Financial by 1,058.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 202,881 shares of the financial services provider’s stock valued at $26,602,000 after acquiring an additional 185,370 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Insider Transactions at Capital One Financial

In other news, insider Timothy P. Golden sold 8,656 shares of the 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 completion of the sale, the insider now directly owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.30% of the stock is currently owned by insiders.

Capital One Financial Trading Up 0.3 %

COF opened at $143.81 on Tuesday. The company has a market cap of $54.68 billion, a P/E ratio of 11.22, a price-to-earnings-growth ratio of 1.03 and a beta of 1.46. The company has a fifty day moving average price of $141.34 and a two-hundred day moving average price of $128.34. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86. Capital One Financial Co. has a 1-year low of $85.22 and a 1-year high of $149.94.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.35 billion. During the same quarter in the previous year, the company posted $2.31 EPS. The firm’s revenue was up 5.6% on a year-over-year basis. Analysts predict that Capital One Financial Co. will post 13.7 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Monday, May 13th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend is Friday, May 10th. Capital One Financial’s dividend payout ratio is currently 18.79%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on COF shares. Evercore ISI raised their target price on Capital One Financial from $142.00 to $155.00 and gave the company an “in-line” rating in a report on Thursday, March 28th. UBS Group raised their price target 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. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $159.00 target price on shares of Capital One Financial in a research report on Wednesday, March 27th. Piper Sandler increased their price target on Capital One Financial from $126.00 to $142.00 and gave the company a “neutral” rating in a research note on Friday, February 23rd. Finally, BMO Capital Markets boosted their price objective on Capital One Financial from $124.00 to $125.00 and gave the stock a “market perform” rating in a research report on Monday, January 29th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $138.50.

Capital One Financial Company Profile

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.