Intermede Investment Partners Ltd Has $89.55 Million Stock Holdings in Capital One Financial Corporation $COF

Intermede Investment Partners Ltd lowered its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 4.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 369,497 shares of the financial services provider’s stock after selling 18,397 shares during the period. Capital One Financial comprises 3.7% of Intermede Investment Partners Ltd’s holdings, making the stock its 9th largest holding. Intermede Investment Partners Ltd’s holdings in Capital One Financial were worth $89,551,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. VSM Wealth Advisory LLC bought a new position in shares of Capital One Financial during the fourth quarter valued at $27,000. Strive Asset Management LLC bought a new position in shares of Capital One Financial during the third quarter valued at $28,000. Olistico Wealth LLC bought a new position in shares of Capital One Financial during the fourth quarter valued at $30,000. Rakuten Securities Inc. raised its stake in shares of Capital One Financial by 550.0% during the fourth quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 110 shares during the last quarter. Finally, WFA of San Diego LLC bought a new position in shares of Capital One Financial during the second quarter valued at $32,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Up 0.0%

COF opened at $187.80 on Monday. Capital One Financial Corporation has a 1-year low of $174.98 and a 1-year high of $259.64. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The company has a market cap of $116.87 billion, a P/E ratio of 65.90, a price-to-earnings-growth ratio of 0.69 and a beta of 1.05. The company has a fifty day moving average price of $188.36 and a two-hundred day moving average price of $210.40.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. During the same period last year, the firm posted $4.06 earnings per share. The company’s revenue for the quarter was up 52.3% on a year-over-year basis. Analysts predict that Capital One Financial Corporation will post 19.17 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 19th. Capital One Financial’s payout ratio is 112.28%.

Analyst Ratings Changes

COF has been the subject of several analyst reports. Royal Bank Of Canada dropped their price target on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. Jefferies Financial Group reissued a “buy” rating and set a $300.00 target price on shares of Capital One Financial in a research note on Monday, March 16th. UBS Group lowered their target price on shares of Capital One Financial from $283.00 to $270.00 in a research note on Wednesday, May 6th. Finally, Evercore lowered their target price on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a research note on Monday, April 6th. Seventeen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus target price of $258.75.

Insider Activity at Capital One Financial

In other news, insider Neal Blinde sold 38,135 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the completion of the sale, the insider directly owned 33,551 shares of the company’s stock, valued at $6,391,801.01. The trade was a 53.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the sale, the insider directly owned 61,579 shares of the company’s stock, valued at approximately $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 49,904 shares of company stock valued at $9,528,159 over the last quarter. 0.78% of the stock is currently owned by company insiders.

Capital One Financial 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.