Mn Services Vermogensbeheer B.V. Acquires 3,938 Shares of Capital One Financial Corporation $COF

Mn Services Vermogensbeheer B.V. boosted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 1.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 247,601 shares of the financial services provider’s stock after buying an additional 3,938 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Capital One Financial were worth $60,009,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Cortland Associates Inc. MO bought a new stake in Capital One Financial during the third quarter valued at about $14,391,000. CIBC Asset Management Inc grew its stake in Capital One Financial by 53.9% in the second quarter. CIBC Asset Management Inc now owns 88,505 shares of the financial services provider’s stock valued at $18,830,000 after purchasing an additional 30,991 shares during the last quarter. Meridian Wealth Management LLC raised its holdings in Capital One Financial by 334.8% in the third quarter. Meridian Wealth Management LLC now owns 9,404 shares of the financial services provider’s stock worth $1,999,000 after purchasing an additional 7,241 shares in the last quarter. Montecito Bank & Trust bought a new position in Capital One Financial in the third quarter worth about $647,000. Finally, National Pension Service lifted its position in shares of Capital One Financial by 4.0% during the third quarter. National Pension Service now owns 1,552,736 shares of the financial services provider’s stock valued at $330,081,000 after buying an additional 59,100 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

COF has been the topic of a number of recent analyst reports. TD Cowen restated a “buy” rating on shares of Capital One Financial in a report on Thursday, January 8th. The Goldman Sachs Group reiterated a “buy” rating and set a $300.00 price objective on shares of Capital One Financial in a research note on Tuesday, January 6th. Wolfe Research decreased their target price on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating for the company in a research report on Friday, January 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a research note on Friday. Finally, BTIG Research cut their price target on shares of Capital One Financial from $308.00 to $270.00 and set a “buy” rating on the stock in a report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $275.95.

Insiders Place Their Bets

In related news, insider Celia Karam sold 2,108 shares of Capital One Financial 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 completion of the sale, the insider 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. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Lia Dean sold 3,284 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the insider owned 70,162 shares in the company, valued at approximately $15,693,836.16. This represents a 4.47% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 67,933 shares of company stock valued at $14,363,897. Insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

Shares of COF stock opened at $178.09 on Tuesday. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $259.64. 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 capitalization of $110.76 billion, a price-to-earnings ratio of 60.17, a PEG ratio of 0.53 and a beta of 1.14. The stock’s 50-day simple moving average is $201.88 and its 200-day simple moving average is $217.52.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 EPS 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 analysts’ expectations of $15.49 billion. Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The business’s revenue for the quarter was up 53.3% compared to the same quarter last year. During the same period in the previous year, the business earned $2.67 earnings per share. As a group, equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

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

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.