17,266 Shares in Capital One Financial Corporation $COF Acquired by MLP3 LLC

MLP3 LLC purchased a new position in shares of Capital One Financial Corporation (NYSE:COF) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 17,266 shares of the financial services provider’s stock, valued at approximately $4,185,000. Capital One Financial comprises about 4.6% of MLP3 LLC’s investment portfolio, making the stock its 4th largest position.

A number of other large investors have also bought and sold shares of the business. Vanguard Group Inc. grew its position in Capital One Financial by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider’s stock worth $13,789,615,000 after acquiring an additional 360,071 shares during the last quarter. Franklin Resources Inc. grew its position in Capital One Financial by 5.4% during the 4th quarter. Franklin Resources Inc. now owns 12,476,462 shares of the financial services provider’s stock worth $3,023,795,000 after acquiring an additional 638,158 shares during the last quarter. Morgan Stanley grew its position in Capital One Financial by 3.9% during the 4th quarter. Morgan Stanley now owns 8,677,981 shares of the financial services provider’s stock worth $2,103,196,000 after acquiring an additional 323,350 shares during the last quarter. Norges Bank bought a new stake in Capital One Financial during the 4th quarter worth approximately $2,089,803,000. Finally, Davis Selected Advisers grew its position in Capital One Financial by 2.8% during the 4th quarter. Davis Selected Advisers now owns 8,614,766 shares of the financial services provider’s stock worth $2,087,878,000 after acquiring an additional 234,649 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Down 0.2%

NYSE:COF opened at $184.44 on Monday. The stock’s fifty day moving average price is $189.13 and its two-hundred day moving average price is $207.34. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market cap of $114.78 billion, a price-to-earnings ratio of 64.72, a P/E/G ratio of 0.66 and a beta of 1.03.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. During the same period in the prior year, the company posted $4.06 EPS. The firm’s quarterly revenue was up 52.3% compared to the same quarter last year. On average, analysts anticipate that Capital One Financial Corporation will post 19.51 EPS for the current year.

Capital One Financial Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. TD Cowen decreased their price target on Capital One Financial from $290.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, March 31st. Rothschild & Co Redburn decreased their price target on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Barclays upped their price objective on Capital One Financial from $226.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Wells Fargo & Company reduced their price objective on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Finally, Royal Bank Of Canada reduced their price objective on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a report on Friday, April 10th. Seventeen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $258.75.

Insider Activity

In other news, insider Lia Dean sold 1,692 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total value of $314,052.12. Following the transaction, the insider owned 65,454 shares of the company’s stock, valued at $12,148,916.94. This represents a 2.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the transaction, the insider directly owned 61,579 shares in the company, valued at approximately $11,858,883.82. This trade represents a 2.76% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 8,040 shares of company stock valued at $1,498,615 in the last 90 days. 0.78% of the stock is owned by company insiders.

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.