Jupiter Asset Management Ltd. Increases Stock Holdings in Capital One Financial Corporation $COF

Jupiter Asset Management Ltd. boosted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 19.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 384,364 shares of the financial services provider’s stock after buying an additional 63,902 shares during the period. Jupiter Asset Management Ltd. owned approximately 0.06% of Capital One Financial worth $81,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in COF. Mather Group LLC. raised its position in shares of Capital One Financial by 1.0% in the 3rd quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock valued at $965,000 after purchasing an additional 47 shares during the last quarter. Optas LLC increased its stake in Capital One Financial by 1.4% during the 3rd quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock valued at $741,000 after purchasing an additional 49 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of Capital One Financial by 1.1% in the third quarter. Nations Financial Group Inc. IA ADV now owns 4,450 shares of the financial services provider’s stock worth $946,000 after buying an additional 49 shares during the last quarter. Bridges Investment Management Inc. raised its holdings in shares of Capital One Financial by 0.4% in the third quarter. Bridges Investment Management Inc. now owns 11,251 shares of the financial services provider’s stock worth $2,392,000 after buying an additional 49 shares during the last quarter. Finally, Culbertson A N & Co. Inc. lifted its stake in shares of Capital One Financial by 0.4% during the second quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock worth $2,418,000 after buying an additional 50 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Down 2.3%

COF stock opened at $205.08 on Friday. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $259.64. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04. The firm’s fifty day moving average is $232.17 and its 200 day moving average is $223.33. The firm has a market cap of $130.38 billion, a PE ratio of 69.28, a P/E/G ratio of 0.62 and a beta of 1.14.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.During the same quarter in the previous year, the business earned $2.67 EPS. The business’s quarterly revenue was up 53.3% compared to the same quarter last year. On average, research analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, February 19th. Capital One Financial’s dividend payout ratio is presently 108.11%.

Insiders Place Their Bets

In other Capital One Financial news, insider Lia Dean sold 3,284 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total transaction of $734,565.12. Following the transaction, the insider directly owned 70,162 shares of the company’s stock, valued at $15,693,836.16. This trade represents a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ravi Raghu sold 13,450 shares of Capital One Financial stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $250.00, for a total transaction of $3,362,500.00. Following the completion of the sale, the insider owned 30,337 shares in the company, valued at approximately $7,584,250. This trade represents a 30.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 34,274 shares of company stock worth $8,131,054. Corporate insiders own 1.26% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on COF shares. Weiss Ratings reissued a “hold (c)” rating on shares of Capital One Financial in a report on Monday, December 29th. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Wall Street Zen lowered Capital One Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Barclays decreased their price objective on shares of Capital One Financial from $294.00 to $287.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Finally, Morgan Stanley increased their price objective on shares of Capital One Financial from $280.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $274.70.

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.