Capital One Financial Corporation $COF is Delta Global Management LP’s 8th Largest Position

Delta Global Management LP lifted its stake in Capital One Financial Corporation (NYSE:COF) by 4.3% during the third quarter, HoldingsChannel reports. The firm owned 201,402 shares of the financial services provider’s stock after purchasing an additional 8,236 shares during the period. Capital One Financial accounts for about 3.1% of Delta Global Management LP’s holdings, making the stock its 8th largest position. Delta Global Management LP’s holdings in Capital One Financial were worth $42,814,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Howard Hughes Medical Institute purchased a new stake in Capital One Financial in the 2nd quarter valued at about $29,000. WFA of San Diego LLC purchased a new position in shares of Capital One Financial during the second quarter worth approximately $32,000. Crowley Wealth Management Inc. purchased a new position in shares of Capital One Financial during the third quarter worth approximately $33,000. Wolff Wiese Magana LLC raised its stake in shares of Capital One Financial by 41.3% during the third quarter. Wolff Wiese Magana LLC now owns 195 shares of the financial services provider’s stock valued at $41,000 after acquiring an additional 57 shares in the last quarter. Finally, Bell Investment Advisors Inc boosted its holdings in shares of Capital One Financial by 86.9% in the second quarter. Bell Investment Advisors Inc now owns 200 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 93 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 1.3%

Capital One Financial stock opened at $179.76 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. The firm has a market cap of $111.80 billion, a P/E ratio of 60.73, a P/E/G ratio of 0.54 and a beta of 1.14. The business has a fifty day moving average of $215.61 and a two-hundred day moving average of $220.83. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $259.64.

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

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.8%. The ex-dividend date was Thursday, February 19th. Capital One Financial’s payout ratio is 108.11%.

Insiders Place Their Bets

In other Capital One Financial news, insider Ravi Raghu sold 13,450 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $250.00, for a total value of $3,362,500.00. Following the completion of the transaction, the insider directly owned 30,337 shares in the company, valued at approximately $7,584,250. The trade was a 30.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Lia Dean sold 3,284 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total transaction of $734,565.12. Following the sale, the insider directly owned 70,162 shares of the company’s stock, valued at approximately $15,693,836.16. The trade was a 4.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 67,933 shares of company stock valued at $14,363,897 in the last three months. 1.26% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on COF. Barclays dropped their price objective on Capital One Financial from $294.00 to $287.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. JPMorgan Chase & Co. upped their target price on Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. HSBC dropped their price target on Capital One Financial from $234.00 to $226.00 and set a “hold” rating on the stock in a research report on Tuesday, January 20th. Jefferies Financial Group lifted their price objective on Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Finally, Wall Street Zen lowered shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Capital One Financial 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.