NorthCrest Asset Manangement LLC Boosts Stock Holdings in Capital One Financial Corporation $COF

NorthCrest Asset Manangement LLC raised its position in shares of Capital One Financial Corporation (NYSE:COF) by 5.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,577 shares of the financial services provider’s stock after acquiring an additional 4,613 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in Capital One Financial were worth $24,194,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in shares of 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 lifted its holdings in 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 purchasing an additional 2,753 shares in the last quarter. Sivia Capital Partners LLC boosted 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 purchasing an additional 1,788 shares during the last quarter. Empowered Funds LLC boosted its stake in Capital One Financial by 74.3% during the 2nd quarter. Empowered Funds LLC now owns 18,216 shares of the financial services provider’s stock worth $3,876,000 after purchasing an additional 7,767 shares during the last quarter. Finally, Prudential PLC grew its holdings in shares of Capital One Financial by 94.1% during the second quarter. Prudential PLC now owns 13,213 shares of the financial services provider’s stock worth $2,811,000 after buying an additional 6,406 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

More Capital One Financial News

Here are the key news stories impacting Capital One Financial this week:

Capital One Financial Stock Performance

Shares of COF stock opened at $181.23 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market cap of $112.71 billion, a P/E ratio of 61.23, a P/E/G ratio of 0.54 and a beta of 1.14. The firm’s 50 day moving average price is $208.37 and its 200-day moving average price is $219.28. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $259.64.

Capital One Financial (NYSE:COFGet Free Report) last posted its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share for the quarter, missing the consensus estimate of $4.14 by ($0.28). The company had revenue of $15.62 billion during the quarter, compared to analyst estimates of $15.49 billion. Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The firm’s revenue for the quarter was up 53.3% on a year-over-year basis. During the same quarter last year, the business posted $2.67 EPS. As a group, equities research analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were paid a $0.80 dividend. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.8%. Capital One Financial’s payout ratio is presently 108.11%.

Insider Transactions at Capital One Financial

In related news, insider Celia Karam sold 2,108 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $218.25, for a total value of $460,071.00. Following the sale, the insider owned 59,269 shares in the company, valued at approximately $12,935,459.25. The trade was a 3.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Neal Blinde sold 38,135 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total value of $7,265,098.85. Following the transaction, the insider directly owned 33,551 shares in the company, valued at approximately $6,391,801.01. The trade was a 53.20% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 67,933 shares of company stock worth $14,363,897. 1.26% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on COF. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $275.00 target price on shares of Capital One Financial in a research report on Monday, January 12th. 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 research note on Tuesday, January 27th. The Goldman Sachs Group reiterated a “buy” rating and issued a $300.00 price objective on shares of Capital One Financial in a report on Tuesday, January 6th. BTIG Research decreased their target price on shares of Capital One Financial from $308.00 to $270.00 and set a “buy” rating on the stock in a research note on Friday, January 23rd. Finally, HSBC lowered their target price on Capital One Financial from $234.00 to $226.00 and set a “hold” rating on the stock in a report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and an average target price of $275.95.

Check Out Our Latest Analysis on COF

About Capital One Financial

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corporation (NYSE:COFFree Report).

Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.