Dockside LLC Takes Position in Capital One Financial Corporation $COF

Dockside LLC acquired a new stake in Capital One Financial Corporation (NYSE:COF) during the 4th quarter, Holdings Channel.com reports. The fund acquired 13,716 shares of the financial services provider’s stock, valued at approximately $3,324,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Eagle Bluffs Wealth Management LLC boosted its holdings in Capital One Financial by 1.3% during the fourth quarter. Eagle Bluffs Wealth Management LLC now owns 13,134 shares of the financial services provider’s stock worth $3,183,000 after buying an additional 163 shares in the last quarter. Baldwin Investment Management LLC boosted its holdings in Capital One Financial by 6.2% during the fourth quarter. Baldwin Investment Management LLC now owns 14,790 shares of the financial services provider’s stock worth $3,585,000 after buying an additional 865 shares in the last quarter. Ames National Corp purchased a new stake in Capital One Financial during the fourth quarter worth $157,000. Atlas Capital Advisors Inc. purchased a new stake in Capital One Financial during the fourth quarter worth $1,399,000. Finally, Aptus Capital Advisors LLC boosted its holdings in Capital One Financial by 331.2% during the fourth quarter. Aptus Capital Advisors LLC now owns 38,506 shares of the financial services provider’s stock worth $9,332,000 after buying an additional 29,576 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

COF opened at $184.44 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46. The company has a market cap of $114.78 billion, a price-to-earnings ratio of 64.72, a PEG ratio of 0.66 and a beta of 1.03. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64. The firm’s fifty day simple moving average is $189.13 and its two-hundred day simple moving average is $207.36.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). The company had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The business’s revenue for the quarter was up 52.3% on a year-over-year basis. During the same period in the previous year, the business earned $4.06 earnings per share. Equities analysts anticipate that Capital One Financial Corporation will post 19.51 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, May 19th. Capital One Financial’s dividend payout ratio (DPR) is presently 112.28%.

Analysts Set New Price Targets

A number of analysts recently issued reports on COF shares. Jefferies Financial Group reissued a “buy” rating and set a $300.00 price target on shares of Capital One Financial in a report on Monday, March 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Capital One Financial in a report on Friday, March 27th. Royal Bank Of Canada lowered their price target on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a report on Friday, April 10th. Barclays increased their price target on shares of Capital One Financial from $226.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Seventeen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and a consensus price target of $258.75.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 1,749 shares of the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the transaction, the insider directly owned 61,579 shares of the company’s stock, valued at $11,858,883.82. This trade represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total transaction of $643,755.00. Following the transaction, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. The trade was a 3.48% decrease in their ownership of the stock. 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 a total of 8,040 shares of company stock valued at $1,498,615 over the last ninety days. Corporate insiders own 0.78% of the company’s stock.

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.