Capital One Financial Corporation $COF Shares Acquired by Vise Technologies Inc.

Vise Technologies Inc. grew its stake in Capital One Financial Corporation (NYSE:COF) by 38.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,002 shares of the financial services provider’s stock after purchasing an additional 4,756 shares during the quarter. Vise Technologies Inc.’s holdings in Capital One Financial were worth $4,121,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of COF. Norges Bank acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $2,089,803,000. Capital International Investors raised its stake in shares of Capital One Financial by 107.9% in the 3rd quarter. Capital International Investors now owns 4,040,408 shares of the financial services provider’s stock valued at $859,602,000 after purchasing an additional 2,097,208 shares in the last quarter. Viking Global Investors LP raised its stake in shares of Capital One Financial by 30.3% in 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 in the last quarter. Bessemer Group Inc. raised its stake in shares of Capital One Financial by 7,143.2% in the 4th quarter. Bessemer Group Inc. now owns 1,448,126 shares of the financial services provider’s stock valued at $350,966,000 after purchasing an additional 1,428,133 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Capital One Financial by 12.8% in the 3rd quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock valued at $2,516,587,000 after purchasing an additional 1,339,215 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insiders Place Their Bets

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total value of $643,755.00. Following the completion of the transaction, the general counsel owned 97,194 shares in the company, valued at approximately $17,876,892.42. This represents a 3.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 the company’s stock in a transaction dated 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 owned 61,579 shares of the company’s stock, valued at approximately $11,858,883.82. This trade represents 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. In the last 90 days, insiders sold 8,040 shares of company stock worth $1,498,615. Insiders own 0.78% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on COF shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research note on Friday, March 27th. Wells Fargo & Company dropped their price objective on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Rothschild & Co Redburn dropped 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 research note on Wednesday, April 29th. TD Cowen dropped their price objective on shares of Capital One Financial from $290.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, March 31st. Finally, Morgan Stanley dropped their price objective on shares of 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 research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $258.75.

Capital One Financial Price Performance

COF opened at $180.58 on Friday. The firm has a market cap of $112.37 billion, a price-to-earnings ratio of 63.36, a price-to-earnings-growth ratio of 0.67 and a beta of 1.03. Capital One Financial Corporation has a fifty-two week low of $174.98 and a fifty-two week high of $259.64. The company’s 50-day moving average price is $189.03 and its 200 day moving average price is $208.10. 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 posted its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. During the same quarter last year, the company posted $4.06 EPS. Capital One Financial’s revenue for the quarter was up 52.3% on a year-over-year basis. As a group, sell-side analysts expect that Capital One Financial Corporation will post 19.13 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were given a $0.80 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $3.20 annualized dividend and a yield of 1.8%. Capital One Financial’s dividend payout ratio is 112.28%.

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.