Hohimer Wealth Management LLC Purchases 456 Shares of Capital One Financial Co. (NYSE:COF)

Hohimer Wealth Management LLC grew its holdings in shares of Capital One Financial Co. (NYSE:COF) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,852 shares of the financial services provider’s stock after acquiring an additional 456 shares during the period. Hohimer Wealth Management LLC’s holdings in Capital One Financial were worth $3,259,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in COF. Pzena Investment Management LLC grew its position in Capital One Financial by 1.6% in the 4th quarter. Pzena Investment Management LLC now owns 7,751,043 shares of the financial services provider’s stock valued at $1,016,317,000 after purchasing an additional 124,055 shares during the period. Northern Trust Corp raised its holdings in shares of Capital One Financial by 2.6% in the 3rd quarter. Northern Trust Corp now owns 3,954,877 shares of the financial services provider’s stock worth $383,821,000 after acquiring an additional 99,915 shares during the last quarter. Norges Bank bought a new position in Capital One Financial in the 4th quarter valued at about $409,831,000. Charles Schwab Investment Management Inc. boosted its stake in Capital One Financial by 2.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,570,380 shares of the financial services provider’s stock valued at $337,028,000 after purchasing an additional 71,967 shares during the last quarter. Finally, Wellington Management Group LLP increased its holdings in Capital One Financial by 37.7% during the 3rd quarter. Wellington Management Group LLP now owns 1,184,671 shares of the financial services provider’s stock worth $114,972,000 after purchasing an additional 324,095 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

COF has been the subject of several recent research reports. JPMorgan Chase & Co. upped their price target on Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a report on Wednesday, April 3rd. Wolfe Research raised shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target on the stock in a research report on Thursday, April 4th. UBS Group lifted their price objective on shares of Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, February 29th. Citigroup increased their target price on Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Finally, BMO Capital Markets increased their price objective on Capital One Financial from $124.00 to $125.00 and gave the stock a “market perform” rating in a report on Monday, January 29th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Capital One Financial has a consensus rating of “Hold” and a consensus price target of $138.50.

Insiders Place Their Bets

In related news, insider Celia Karam sold 16,913 shares of the stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the transaction, the insider now directly owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, insider Celia Karam sold 16,913 shares of the company’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the sale, the insider now directly owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the transaction, the insider now directly owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Capital One Financial Trading Down 1.5 %

Shares of NYSE:COF traded down $2.03 during trading on Thursday, reaching $137.40. 1,418,268 shares of the company traded hands, compared to its average volume of 2,542,572. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $149.94. The business’s fifty day moving average is $142.37 and its 200-day moving average is $131.95. The firm has a market capitalization of $52.24 billion, a price-to-earnings ratio of 10.79, a P/E/G ratio of 1.03 and a beta of 1.46.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.25 by ($0.04). The business had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.35 billion. Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the business earned $2.31 earnings per share. As a group, analysts forecast that Capital One Financial Co. will post 13.45 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 13th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date is Friday, May 10th. Capital One Financial’s payout ratio is currently 18.79%.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.