Yousif Capital Management LLC Decreases Holdings in Capital One Financial Corporation $COF

Yousif Capital Management LLC lowered its position in Capital One Financial Corporation (NYSE:COF) by 12.2% during the third quarter, HoldingsChannel.com reports. The fund owned 83,378 shares of the financial services provider’s stock after selling 11,561 shares during the quarter. Yousif Capital Management LLC’s holdings in Capital One Financial were worth $17,725,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of COF. Eagle Bay Advisors LLC raised its stake in shares of Capital One Financial by 3.6% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock worth $299,000 after buying an additional 49 shares during the last quarter. Cantor Fitzgerald Investment Advisors L.P. grew its stake in Capital One Financial by 0.3% in the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock valued at $3,532,000 after acquiring an additional 50 shares during the last quarter. Atlantic Edge Private Wealth Management LLC increased its holdings in Capital One Financial by 66.7% during the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 50 shares in the last quarter. Culbertson A N & Co. Inc. raised its position in Capital One Financial by 0.4% during the second quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock worth $2,418,000 after acquiring an additional 50 shares during the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. lifted its holdings in shares of Capital One Financial by 0.9% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider’s stock valued at $1,097,000 after purchasing an additional 53 shares in the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Robert W. Baird raised their price objective on shares of Capital One Financial from $245.00 to $270.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. BTIG Research reiterated a “buy” rating and set a $264.00 target price on shares of Capital One Financial in a report on Wednesday, October 22nd. Truist Financial raised their price target on Capital One Financial from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday. Barclays upped their price objective on Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Capital One Financial from $240.00 to $263.00 and gave the company a “hold” rating in a research note on Wednesday, December 17th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $265.25.

Capital One Financial Trading Up 1.3%

Shares of Capital One Financial stock opened at $246.91 on Tuesday. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $247.25. The business’s fifty day moving average is $221.70 and its two-hundred day moving average is $217.39. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The firm has a market cap of $156.97 billion, a PE ratio of 104.18, a P/E/G ratio of 0.56 and a beta of 1.16.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 EPS for the quarter. The business had revenue of $15.46 billion during the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. Analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were issued a $0.80 dividend. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, November 17th. This represents a $3.20 annualized dividend and a yield of 1.3%. Capital One Financial’s dividend payout ratio (DPR) is presently 135.02%.

Insider Activity at Capital One Financial

In other news, CEO Richard D. Fairbank sold 103,487 shares of the stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $220.68, for a total transaction of $22,837,511.16. Following the transaction, the chief executive officer directly owned 4,001,228 shares in the company, valued at $882,990,995.04. This represents a 2.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Lia Dean sold 3,269 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $218.15, for a total transaction of $713,132.35. Following the completion of the sale, the insider directly owned 69,855 shares in the company, valued at $15,238,868.25. This represents a 4.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 280,218 shares of company stock worth $62,395,804. Corporate insiders own 1.26% of the company’s stock.

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.