Seizert Capital Partners LLC Increases Stock Position in Capital One Financial Corporation $COF

Seizert Capital Partners LLC grew its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 42.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 269,807 shares of the financial services provider’s stock after buying an additional 80,209 shares during the quarter. Capital One Financial accounts for about 2.5% of Seizert Capital Partners LLC’s investment portfolio, making the stock its 11th largest holding. Seizert Capital Partners LLC’s holdings in Capital One Financial were worth $57,356,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in COF. Earned Wealth Advisors LLC acquired a new position in shares of Capital One Financial during the 2nd quarter valued at about $254,000. Cortland Associates Inc. MO acquired a new stake in shares of Capital One Financial during the 3rd quarter worth about $14,391,000. Plancorp LLC bought a new position in shares of Capital One Financial in the second quarter valued at approximately $272,000. CIBC Asset Management Inc grew its holdings in shares of Capital One Financial by 53.9% during the second quarter. CIBC Asset Management Inc now owns 88,505 shares of the financial services provider’s stock worth $18,830,000 after purchasing an additional 30,991 shares during the last quarter. Finally, Smith Chas P & Associates PA Cpas increased its position in Capital One Financial by 1,490.0% in the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 43,486 shares of the financial services provider’s stock valued at $9,252,000 after acquiring an additional 40,751 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on COF. The Goldman Sachs Group restated a “buy” rating and issued a $300.00 price target on shares of Capital One Financial in a research report on Tuesday, January 6th. HSBC cut their target price on shares of Capital One Financial from $234.00 to $226.00 and set a “hold” rating for the company in a research note on Tuesday. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Capital One Financial from $240.00 to $263.00 and gave the company a “hold” rating in a research report on Wednesday, December 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Capital One Financial in a research note on Monday, December 29th. Finally, Jefferies Financial Group upped their target price on Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $279.00.

Capital One Financial Trading Down 1.7%

Shares of COF opened at $234.96 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market capitalization of $149.37 billion, a P/E ratio of 99.11, a P/E/G ratio of 0.55 and a beta of 1.13. The firm’s 50 day simple moving average is $232.39 and its 200 day simple moving average is $223.14. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $259.64.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. The company had revenue of $15.46 billion for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. Sell-side analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were issued a dividend of $0.80 per share. The ex-dividend date was Monday, November 17th. This represents a $3.20 annualized dividend and a yield of 1.4%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio (DPR) is 135.02%.

Insider Buying and Selling

In other news, insider Celia Karam sold 2,064 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $244.35, for a total transaction of $504,338.40. Following the transaction, the insider owned 61,373 shares in the company, valued at $14,996,492.55. This represents a 3.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Frank G. LapradeIii sold 17,840 shares of the company’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $222.03, for a total transaction of $3,961,015.20. Following the completion of the sale, the insider directly owned 48,315 shares in the company, valued at $10,727,379.45. This trade represents a 26.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 298,895 shares of company stock valued at $67,111,541 over the last 90 days. 1.26% of the stock is currently owned by insiders.

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.