BW Gestao de Investimentos Ltda. Acquires Shares of 107,606 Capital One Financial Corporation $COF

BW Gestao de Investimentos Ltda. acquired a new stake in Capital One Financial Corporation (NYSE:COF) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 107,606 shares of the financial services provider’s stock, valued at approximately $26,079,000. Capital One Financial accounts for approximately 0.6% of BW Gestao de Investimentos Ltda.’s holdings, making the stock its 17th biggest holding.

Several other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Capital One Financial during the 4th quarter worth $2,089,803,000. Capital International Investors grew its holdings in shares of Capital One Financial by 107.9% during the third quarter. Capital International Investors now owns 4,040,408 shares of the financial services provider’s stock worth $859,602,000 after buying an additional 2,097,208 shares in the last quarter. Viking Global Investors LP raised its position in shares of Capital One Financial by 30.3% in the third 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 buying an additional 1,717,148 shares during the last quarter. Bessemer Group Inc. lifted its stake in shares of Capital One Financial by 7,143.2% during the fourth quarter. Bessemer Group Inc. now owns 1,448,126 shares of the financial services provider’s stock valued at $350,966,000 after buying an additional 1,428,133 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in shares of Capital One Financial by 12.8% during the 3rd quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock worth $2,516,587,000 after acquiring an additional 1,339,215 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Price Performance

NYSE:COF opened at $184.74 on Tuesday. The business’s 50-day moving average price is $189.21 and its 200 day moving average price is $209.03. The firm has a market cap of $114.96 billion, a P/E ratio of 64.82, a PEG ratio of 0.69 and a beta of 1.05. Capital One Financial Corporation has a 52-week low of $174.98 and a 52-week high of $259.64. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46.

Capital One Financial (NYSE:COF) last released 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). The firm had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.Capital One Financial’s revenue was up 52.3% on a year-over-year basis. During the same period in the previous year, the firm earned $4.06 earnings per share. As a group, sell-side analysts predict that Capital One Financial Corporation will post 19.14 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

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

Insider Transactions at Capital One Financial

In other news, insider Lia Dean sold 1,692 shares of Capital One Financial stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total value of $314,052.12. Following the transaction, the insider directly owned 65,454 shares of the company’s stock, valued at $12,148,916.94. This trade represents a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the completion of the transaction, the insider directly owned 61,579 shares in the company, valued at approximately $11,858,883.82. This trade represents 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. 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.

Analyst Ratings Changes

Several research analysts have recently weighed in on COF shares. Rothschild & Co Redburn cut their price objective on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. BTIG Research reiterated a “buy” rating and set a $224.00 target price on shares of Capital One Financial in a research note on Wednesday, April 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research note on Friday, March 27th. Wells Fargo & Company reduced their target price on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Finally, Morgan Stanley reduced their price objective on Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. Seventeen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $258.75.

Capital One Financial Company 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.