Meitav Investment House Ltd. Has $2.16 Million Stock Holdings in Capital One Financial Corporation $COF

Meitav Investment House Ltd. reduced its stake in shares of Capital One Financial Corporation (NYSE:COF) by 36.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 11,855 shares of the financial services provider’s stock after selling 6,736 shares during the period. Meitav Investment House Ltd.’s holdings in Capital One Financial were worth $2,163,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Evolution Wealth Management Inc. increased its position in shares of Capital One Financial by 529.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 90 shares in the last quarter. VSM Wealth Advisory LLC bought a new stake in Capital One Financial in the 4th quarter valued at $27,000. Cherry Tree Wealth Management LLC lifted its position in Capital One Financial by 1,312.5% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 105 shares in the last quarter. Strive Asset Management LLC acquired a new position in Capital One Financial in the 3rd quarter worth $28,000. Finally, Osterweis Capital Management Inc. acquired a new position in Capital One Financial in the 4th quarter worth $29,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF opened at $202.63 on Wednesday. The company has a market cap of $126.09 billion, a PE ratio of 71.10, a price-to-earnings-growth ratio of 0.74 and a beta of 1.02. The firm has a 50-day moving average of $191.54 and a 200-day moving average of $204.08. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. 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 earnings results 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 during the quarter, compared to the consensus estimate of $15.68 billion. During the same period in the previous year, the company posted $4.06 earnings per share. The firm’s revenue for the quarter was up 52.3% compared to the same quarter last year. As a group, equities analysts forecast that Capital One Financial Corporation will post 19.53 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were paid a $0.80 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $3.20 annualized dividend and a yield of 1.6%. Capital One Financial’s dividend payout ratio is currently 112.28%.

Key Stories Impacting Capital One Financial

Here are the key news stories impacting Capital One Financial this week:

• Positive Sentiment: UBS raised its price target on Capital One to $275 from $270 and kept a Buy rating, signaling continued analyst confidence and implying meaningful upside from current levels.
• Positive Sentiment: TD Cowen also maintained a Buy rating, even while trimming its target to $253 from $260, suggesting analysts still see room for shares to recover.
• Neutral Sentiment: Capital One was mentioned in coverage about small businesses being “cautious, confident and ready to grow,” which may reinforce the company’s exposure to resilient small-business lending demand but does not appear to be a direct market-moving event.
• Neutral Sentiment: Additional articles revisited Jim Cramer’s bullish comments on Capital One, but these are more retrospective commentary than fresh fundamental news.
• Neutral Sentiment: A separate article about Capital One drawing S&P 500 attention adds visibility, but there was no clear new development in the headline alone to materially change the investment thesis.

Insider Activity at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction that occurred 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 transaction, 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 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. 0.78% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

COF has been the topic of several recent research reports. Jefferies Financial Group reissued a “buy” rating and issued a $300.00 price target on shares of Capital One Financial in a research note on Monday, March 16th. Rothschild & Co Redburn reduced their price objective on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Evercore dropped their target price on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a research report on Monday, April 6th. Deutsche Bank Aktiengesellschaft cut their target price 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. Finally, Piper Sandler assumed coverage on Capital One Financial in a research report on Monday, June 29th. They set an “overweight” rating and a $254.00 price target for the company. Eighteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and an average target price of $259.71.

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.