Capital One Financial Corporation $COF Stock Holdings Raised by Senator Investment Group LP

Senator Investment Group LP raised its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 14.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 471,805 shares of the financial services provider’s stock after buying an additional 59,529 shares during the period. Capital One Financial comprises 4.6% of Senator Investment Group LP’s portfolio, making the stock its 3rd largest holding. Senator Investment Group LP’s holdings in Capital One Financial were worth $114,347,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of COF. Norges Bank bought a new position in Capital One Financial during the 4th quarter worth approximately $2,089,803,000. Capital International Investors lifted its holdings in Capital One Financial by 107.9% during the 3rd 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 during the last quarter. Viking Global Investors LP lifted its holdings in Capital One Financial by 30.3% during the 3rd quarter. Viking Global Investors LP now owns 7,388,506 shares of the financial services provider’s stock worth $1,570,649,000 after buying an additional 1,717,148 shares during the last quarter. Bessemer Group Inc. lifted its holdings in Capital One Financial by 7,143.2% during the 4th quarter. Bessemer Group Inc. now owns 1,448,126 shares of the financial services provider’s stock worth $350,966,000 after buying an additional 1,428,133 shares during the last quarter. Finally, Franklin Resources Inc. lifted its holdings in 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 buying an additional 1,339,215 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling

In related news, insider Celia Karam sold 1,749 shares of the firm’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 sale, the insider directly owned 61,579 shares in the company, valued at $11,858,883.82. This trade represents a 2.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s stock in a transaction that occurred on 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 sale, 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 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. In the last 90 days, insiders have sold 8,040 shares of company stock valued at $1,498,615. Insiders own 0.78% of the company’s stock.

Capital One Financial Trading Up 5.3%

Shares of NYSE COF opened at $194.58 on Tuesday. The company has a market cap of $121.08 billion, a price-to-earnings ratio of 68.27, a price-to-earnings-growth ratio of 0.66 and a beta of 1.03. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The stock’s 50 day simple moving average is $189.38 and its 200 day simple moving average is $207.20.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). The company had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The company’s revenue for the quarter was up 52.3% on a year-over-year basis. During the same period last year, the business posted $4.06 EPS. Equities research analysts expect that Capital One Financial Corporation will post 19.51 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were issued a $0.80 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. Capital One Financial’s dividend payout ratio (DPR) is 112.28%.

Analyst Ratings Changes

A number of research analysts have commented on the company. Morgan Stanley reduced their target price on Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. BTIG Research reaffirmed a “buy” rating and set a $224.00 target price on shares of Capital One Financial in a report on Wednesday, April 22nd. Barclays increased their target price on Capital One Financial from $226.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Argus reduced their target price on Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Finally, Evercore reduced their target price on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a report on Monday, April 6th. Seventeen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $258.75.

About Capital One Financial

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.