Capital One Financial Corporation $COF Shares Bought by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co increased its position in Capital One Financial Corporation (NYSE:COF) by 13.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 60,655 shares of the financial services provider’s stock after buying an additional 7,177 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Capital One Financial were worth $12,894,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of COF. Howard Hughes Medical Institute acquired a new stake in Capital One Financial in the 2nd quarter valued at about $29,000. Legacy Investment Solutions LLC acquired a new position in shares of Capital One Financial in the 2nd quarter worth approximately $30,000. Creekmur Asset Management LLC bought a new stake in shares of Capital One Financial in the 2nd quarter worth approximately $32,000. WFA of San Diego LLC acquired a new stake in Capital One Financial during the second quarter valued at approximately $32,000. Finally, Crowley Wealth Management Inc. acquired a new stake in Capital One Financial during the third quarter valued at approximately $33,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Capital One Financial

In other news, insider Neal Blinde sold 38,135 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total value of $7,265,098.85. Following the completion of the transaction, the insider owned 33,551 shares in the company, valued at approximately $6,391,801.01. This represents a 53.20% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Celia Karam sold 2,108 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $218.25, for a total transaction of $460,071.00. Following the transaction, the insider directly owned 59,269 shares of the company’s stock, valued at $12,935,459.25. The trade was a 3.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 69,933 shares of company stock worth $14,806,977. 1.26% of the stock is currently owned by company insiders.

Capital One Financial Trading Down 6.3%

NYSE COF opened at $195.26 on Monday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $259.64. The firm’s fifty day simple moving average is $227.35 and its 200-day simple moving average is $223.03. The company has a market capitalization of $121.44 billion, a PE ratio of 65.97, a price-to-earnings-growth ratio of 0.59 and a beta of 1.14.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The company’s revenue was up 53.3% compared to the same quarter last year. During the same period last year, the business earned $2.67 EPS. As a group, sell-side analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th will be paid a dividend of $0.80 per share. The ex-dividend date is Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. Capital One Financial’s payout ratio is currently 108.11%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Barclays decreased their price target on shares of Capital One Financial from $294.00 to $287.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Evercore decreased their target price on Capital One Financial from $290.00 to $265.00 and set an “outperform” rating on the stock in a report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft cut their target price on Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a research report on Friday, January 23rd. HSBC decreased their price target on Capital One Financial from $234.00 to $226.00 and set a “hold” rating for the company in a research report on Tuesday, January 20th. Finally, Royal Bank Of Canada reissued 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. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus target price of $274.70.

Capital One Financial 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.