Capital One Financial Corporation $COF Shares Acquired by ABN Amro Investment Solutions

ABN Amro Investment Solutions increased its holdings in Capital One Financial Corporation (NYSE:COF) by 30.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 78,002 shares of the financial services provider’s stock after buying an additional 18,397 shares during the period. ABN Amro Investment Solutions’ holdings in Capital One Financial were worth $18,905,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. VSM Wealth Advisory LLC acquired a new position in Capital One Financial in the 4th quarter valued at $27,000. Strive Asset Management LLC acquired a new position in Capital One Financial in the 3rd quarter valued at $28,000. Olistico Wealth LLC acquired a new position in Capital One Financial in the 4th quarter valued at $30,000. WFA of San Diego LLC acquired a new position in Capital One Financial in the 2nd quarter valued at $32,000. Finally, Rakuten Securities Inc. increased its stake in Capital One Financial by 550.0% in the 4th quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock valued at $32,000 after buying an additional 110 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have commented on COF. The Goldman Sachs Group decreased their target price on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a research report on Friday, March 27th. Barclays boosted their target price on shares of Capital One Financial from $226.00 to $250.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Wells Fargo & Company decreased their target price on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Finally, Argus decreased their target price on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. Seventeen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $258.75.

Capital One Financial Price Performance

Capital One Financial stock opened at $187.15 on Thursday. Capital One Financial Corporation has a 52 week low of $174.98 and a 52 week high of $259.64. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46. The firm’s 50-day simple moving average is $188.20 and its 200 day simple moving average is $210.87. The firm has a market capitalization of $116.46 billion, a PE ratio of 65.67, a P/E/G ratio of 0.67 and a beta of 1.05.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate of $5.08 by ($0.66). The business had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.Capital One Financial’s quarterly revenue was up 52.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.06 earnings per share. On average, equities research analysts predict that Capital One Financial Corporation will post 19.17 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th will be given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 19th. Capital One Financial’s payout ratio is currently 112.28%.

Insiders Place Their Bets

In other Capital One Financial news, insider Jason P. Hanson sold 3,729 shares of Capital One Financial stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total value of $764,445.00. Following the completion of the sale, the insider directly owned 40,230 shares of the company’s stock, valued at approximately $8,247,150. The trade was a 8.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of the sale, the general counsel directly owned 97,194 shares of the company’s stock, valued at $17,876,892.42. The trade was a 3.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 49,904 shares of company stock valued at $9,528,159. 0.78% of the stock is currently 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.