Hantz Financial Services Inc. Has $20.05 Million Stake in Capital One Financial Corporation $COF

Hantz Financial Services Inc. lowered its stake in Capital One Financial Corporation (NYSE:COF) by 7.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 82,742 shares of the financial services provider’s stock after selling 6,307 shares during the period. Hantz Financial Services Inc.’s holdings in Capital One Financial were worth $20,053,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Capital One Financial by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider’s stock worth $13,789,615,000 after acquiring an additional 360,071 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Capital One Financial by 12.8% in the third quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock valued at $2,516,587,000 after acquiring an additional 1,339,215 shares during the last quarter. Davis Selected Advisers increased its position in Capital One Financial by 2.8% in the fourth quarter. Davis Selected Advisers now owns 8,614,766 shares of the financial services provider’s stock worth $2,087,878,000 after purchasing an additional 234,649 shares during the period. Capital Research Global Investors raised its holdings in Capital One Financial by 3.7% during the 3rd quarter. Capital Research Global Investors now owns 8,426,060 shares of the financial services provider’s stock worth $1,791,264,000 after purchasing an additional 302,733 shares during the last quarter. Finally, Viking Global Investors LP lifted its position in Capital One Financial by 30.3% during the 3rd quarter. Viking Global Investors LP now owns 7,388,506 shares of the financial services provider’s stock valued at $1,570,649,000 after purchasing an additional 1,717,148 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Neal Blinde sold 38,135 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total value of $7,265,098.85. Following the completion of the sale, the insider owned 33,551 shares in the company, valued at $6,391,801.01. This represents a 53.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Celia Karam sold 1,749 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $192.58, for a total value of $336,822.42. Following the sale, the insider directly owned 61,579 shares in the company, valued at $11,858,883.82. The trade was a 2.76% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 49,904 shares of company stock worth $9,528,159 over the last 90 days. 0.78% of the stock is currently owned by corporate insiders.

Capital One Financial Stock Performance

Shares of COF stock opened at $187.80 on Monday. The stock has a 50-day moving average of $188.36 and a 200-day moving average of $210.40. Capital One Financial Corporation has a one year low of $174.98 and a one year high of $259.64. The stock has a market cap of $116.87 billion, a PE ratio of 65.90, a price-to-earnings-growth ratio of 0.69 and a beta of 1.05. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. During the same quarter in the prior year, the firm posted $4.06 EPS. The firm’s revenue for the quarter was up 52.3% compared to the same quarter last year. As a group, sell-side analysts expect that Capital One Financial Corporation will post 19.17 earnings per share for the current year.

Capital One Financial Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have recently issued reports on COF shares. The Goldman Sachs Group reduced their target price on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. UBS Group cut their price objective on shares of Capital One Financial from $283.00 to $270.00 in a report on Wednesday, May 6th. Truist Financial reduced their price objective on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Morgan Stanley lowered their target price on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a research note on Wednesday, April 22nd. Seventeen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.75.

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.