Capital One Financial Corporation $COF Shares Acquired by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Capital One Financial Corporation (NYSE:COF) by 67.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 174,918 shares of the financial services provider’s stock after acquiring an additional 70,497 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Capital One Financial were worth $31,910,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Elevation Point Wealth Partners LLC lifted its position in Capital One Financial by 18.1% in the first quarter. Elevation Point Wealth Partners LLC now owns 37,027 shares of the financial services provider’s stock valued at $6,755,000 after acquiring an additional 5,669 shares during the last quarter. Platform Technology Partners grew its holdings in shares of Capital One Financial by 12.8% during the first quarter. Platform Technology Partners now owns 6,753 shares of the financial services provider’s stock worth $1,232,000 after purchasing an additional 764 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. grew its holdings in shares of Capital One Financial by 117.7% during the first quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 42,981 shares of the financial services provider’s stock worth $7,841,000 after purchasing an additional 23,238 shares during the last quarter. Eagle Bay Advisors LLC increased its position in shares of Capital One Financial by 12.5% during the first quarter. Eagle Bay Advisors LLC now owns 1,508 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 167 shares in the last quarter. Finally, Livet Wealth LLC increased its position in shares of Capital One Financial by 38.5% during the first quarter. Livet Wealth LLC now owns 1,274 shares of the financial services provider’s stock worth $232,000 after purchasing an additional 354 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of the transaction, the general counsel owned 97,194 shares in the company, valued at approximately $17,876,892.42. This represents a 3.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the completion of the sale, the insider owned 61,579 shares of the company’s stock, valued at $11,858,883.82. This trade represents a 2.76% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.78% of the stock is owned by company insiders.

Capital One Financial Price Performance

Shares of COF opened at $204.94 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64. The firm has a 50-day simple moving average of $191.01 and a 200-day simple moving average of $204.84. The company has a market capitalization of $127.53 billion, a price-to-earnings ratio of 71.91, a price-to-earnings-growth ratio of 0.74 and a beta of 1.02.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results 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 net margin of 4.29% and a return on equity of 10.59%. The company had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. During the same quarter last year, the firm earned $4.06 EPS. The business’s revenue was up 52.3% on a year-over-year basis. On average, equities research analysts anticipate that Capital One Financial Corporation will post 19.53 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. Capital One Financial’s dividend payout ratio (DPR) is currently 112.28%.

Analyst Upgrades and Downgrades

COF has been the subject of several research reports. Truist Financial reduced their target price on Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. JPMorgan Chase & Co. lifted their price target on Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Morgan Stanley cut their price target on Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. UBS Group reduced their price objective on Capital One Financial from $283.00 to $270.00 in a research note on Wednesday, May 6th. Finally, Barclays increased their price objective on Capital One Financial from $226.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $260.19.

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.