Capitolis Liquid Global Markets LLC Invests $30.42 Million in Capital One Financial Corporation $COF

Capitolis Liquid Global Markets LLC bought a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 143,100 shares of the financial services provider’s stock, valued at approximately $30,420,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Howard Hughes Medical Institute purchased a new position in Capital One Financial during the second quarter worth $29,000. WFA of San Diego LLC bought a new stake in shares of Capital One Financial in the 2nd quarter worth about $32,000. Crowley Wealth Management Inc. bought a new stake in shares of Capital One Financial in the 3rd quarter worth about $33,000. Wolff Wiese Magana LLC lifted its holdings in shares of Capital One Financial by 41.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 195 shares of the financial services provider’s stock worth $41,000 after acquiring an additional 57 shares during the last quarter. Finally, Bell Investment Advisors Inc boosted its stake in shares of Capital One Financial by 86.9% during the 2nd quarter. Bell Investment Advisors Inc now owns 200 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 93 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Up 1.3%

Shares of COF opened at $179.76 on Friday. The firm has a market capitalization of $111.80 billion, a price-to-earnings ratio of 60.73, a PEG ratio of 0.54 and a beta of 1.14. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $259.64. The company has a 50-day moving average of $215.61 and a 200 day moving average of $220.86.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.The business’s quarterly revenue was up 53.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.67 earnings per share. On average, research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 19th were issued a $0.80 dividend. The ex-dividend date 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%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on COF shares. Wells Fargo & Company increased their price objective on shares of Capital One Financial from $265.00 to $280.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Morgan Stanley boosted their target price on Capital One Financial from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. Zacks Research cut Capital One Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Evercore reduced their price target 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. Finally, Citigroup raised their price target on Capital One Financial from $290.00 to $310.00 and gave the stock a “buy” rating in a research note on Wednesday, December 31st. One equities 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $274.70.

Insider Buying and Selling

In other Capital One Financial news, insider Neal Blinde sold 38,135 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the transaction, the insider directly owned 33,551 shares in the company, valued at $6,391,801.01. This trade represents a 53.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Lia Dean sold 3,284 shares of Capital One Financial stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total value of $734,565.12. Following the sale, the insider directly owned 70,162 shares of the company’s stock, valued at approximately $15,693,836.16. This trade represents a 4.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 67,933 shares of company stock valued at $14,363,897 over the last 90 days. 1.26% of the stock is owned by insiders.

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.