Healthcare of Ontario Pension Plan Trust Fund Purchases 156,081 Shares of Capital One Financial Corporation $COF

Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of Capital One Financial Corporation (NYSE:COF) by 51.0% in the fourth quarter, Holdings Channel reports. The fund owned 462,231 shares of the financial services provider’s stock after buying an additional 156,081 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Capital One Financial were worth $112,026,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of COF. Brighton Jones LLC boosted its position in shares of Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after acquiring an additional 10,428 shares during the last quarter. Intech Investment Management LLC boosted its position in shares of Capital One Financial by 44.3% during 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 acquiring an additional 2,753 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of 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 valued at $702,000 after acquiring an additional 1,788 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of Capital One Financial during the 2nd quarter valued at approximately $218,000. Finally, Jump Financial LLC bought a new stake in Capital One Financial in the second quarter worth $1,086,000. 89.84% of the stock is currently owned by institutional investors.

Insider Transactions at Capital One Financial

In other news, insider Lia Dean sold 1,692 shares of Capital One Financial stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total transaction of $314,052.12. Following the completion of the sale, the insider directly owned 65,454 shares in the company, valued at approximately $12,148,916.94. This trade represents a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total value of $643,755.00. Following the sale, the general counsel owned 97,194 shares of the company’s stock, valued at approximately $17,876,892.42. This trade represents a 3.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 8,040 shares of company stock worth $1,498,615. 0.78% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on COF. Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a research report on Friday, March 27th. Morgan Stanley lowered their price target on Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a research report on Thursday, April 16th. Evercore lowered their price target on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a research report on Monday, April 6th. Jefferies Financial Group restated a “buy” rating and issued a $300.00 price target on shares of Capital One Financial in a research report on Monday, March 16th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. Seventeen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and an average target price of $258.75.

Capital One Financial Stock Up 1.3%

Shares of COF opened at $184.44 on Friday. The company has a market cap of $114.78 billion, a PE ratio of 64.72, a P/E/G ratio of 0.66 and a beta of 1.03. The business has a fifty day moving average of $189.13 and a 200 day moving average of $207.36. Capital One Financial Corporation has a 52-week low of $174.24 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 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 business had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. During the same quarter last year, the business posted $4.06 earnings per share. The firm’s revenue for the quarter was up 52.3% compared to the same quarter last year. On average, sell-side analysts expect that Capital One Financial Corporation will post 19.51 EPS for the current year.

Capital One Financial Announces Dividend

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

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.