Capital One Financial Corporation $COF Shares Bought by Waverton Investment Management Ltd

Waverton Investment Management Ltd grew its stake in Capital One Financial Corporation (NYSE:COF) by 1,390.9% during the third quarter, Holdings Channel.com reports. The fund owned 1,181,834 shares of the financial services provider’s stock after acquiring an additional 1,102,563 shares during the period. Capital One Financial accounts for about 3.2% of Waverton Investment Management Ltd’s investment portfolio, making the stock its 17th biggest position. Waverton Investment Management Ltd’s holdings in Capital One Financial were worth $251,323,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after purchasing an additional 10,428 shares in the last quarter. Intech Investment Management LLC raised its holdings in shares of Capital One Financial by 44.3% in the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock valued at $1,608,000 after buying an additional 2,753 shares during the period. Sivia Capital Partners LLC lifted its stake in Capital One Financial by 118.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock worth $702,000 after acquiring an additional 1,788 shares in the last quarter. Savvy Advisors Inc. boosted its holdings in Capital One Financial by 87.3% during the 2nd quarter. Savvy Advisors Inc. now owns 2,244 shares of the financial services provider’s stock valued at $478,000 after acquiring an additional 1,046 shares during the period. Finally, Kovack Advisors Inc. boosted its holdings in Capital One Financial by 43.0% during the 2nd quarter. Kovack Advisors Inc. now owns 3,407 shares of the financial services provider’s stock valued at $725,000 after acquiring an additional 1,025 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on COF shares. Wolfe Research cut their price target on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a research note on Friday, January 23rd. Evercore dropped their price objective on shares of Capital One Financial from $290.00 to $265.00 and set an “outperform” rating for the company in a report on Tuesday, January 27th. TD Cowen reiterated a “buy” rating on shares of Capital One Financial in a report on Thursday, January 8th. The Goldman Sachs Group reissued a “buy” rating and issued a $300.00 price target on shares of Capital One Financial in a research report on Tuesday, January 6th. Finally, Barclays cut their price objective on Capital One Financial from $294.00 to $287.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $274.70.

Capital One Financial Trading Down 6.3%

NYSE COF opened at $195.26 on Monday. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $259.64. The firm has a 50 day moving average of $227.35 and a two-hundred day moving average of $223.03. 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 stock has a market capitalization of $121.44 billion, a PE ratio of 65.97, a price-to-earnings-growth ratio of 0.59 and a beta of 1.14.

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

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 19th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, February 19th. Capital One Financial’s dividend payout ratio is 108.11%.

Insider Buying and Selling

In related news, insider Neal Blinde sold 38,135 shares of Capital One Financial stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the sale, the insider directly owned 33,551 shares in the company, valued at $6,391,801.01. This trade represents a 53.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Lia Dean sold 3,284 shares of the business’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total transaction of $734,565.12. Following the completion of the sale, the insider directly owned 70,162 shares of the company’s stock, valued at approximately $15,693,836.16. This trade represents 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 69,933 shares of company stock valued at $14,806,977 over the last three months. 1.26% of the stock is currently owned by insiders.

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.