Seizert Capital Partners LLC raised its position in shares of Capital One (NYSE:COF) by 1.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 135,646 shares of the financial services provider’s stock after purchasing an additional 2,371 shares during the quarter. Seizert Capital Partners LLC’s holdings in Capital One were worth $12,998,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Bedel Financial Consulting Inc. acquired a new stake in Capital One during the 1st quarter valued at approximately $107,000. Psagot Investment House Ltd. grew its position in shares of Capital One by 98.3% during the 1st quarter. Psagot Investment House Ltd. now owns 1,190 shares of the financial services provider’s stock worth $114,000 after buying an additional 590 shares during the period. Cerebellum GP LLC acquired a new stake in shares of Capital One during the 4th quarter worth approximately $127,000. Jacobi Capital Management LLC grew its position in shares of Capital One by 98.3% during the 1st quarter. Jacobi Capital Management LLC now owns 1,370 shares of the financial services provider’s stock worth $128,000 after buying an additional 679 shares during the period. Finally, Delpha Capital Management LLC acquired a new stake in shares of Capital One during the 4th quarter worth approximately $134,000. 88.78% of the stock is owned by institutional investors and hedge funds.
Capital One opened at $95.67 on Thursday, according to MarketBeat.com. Capital One has a 12-month low of $76.05 and a 12-month high of $106.50. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a market capitalization of $47.06 billion, a P/E ratio of 12.28, a price-to-earnings-growth ratio of 0.91 and a beta of 1.32.
Capital One (NYSE:COF) last posted its quarterly earnings results on Tuesday, April 24th. The financial services provider reported $2.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.34 by $0.31. Capital One had a net margin of 8.38% and a return on equity of 9.23%. The business had revenue of $6.90 million during the quarter, compared to the consensus estimate of $6.93 billion. During the same quarter last year, the firm posted $1.75 EPS. Capital One’s revenue was up 5.7% compared to the same quarter last year. sell-side analysts expect that Capital One will post 10.07 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 24th. Investors of record on Monday, May 14th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.67%. The ex-dividend date is Friday, May 11th. Capital One’s payout ratio is currently 20.54%.
In other Capital One news, insider Kleber Santos sold 1,711 shares of the firm’s stock in a transaction on Thursday, March 22nd. The stock was sold at an average price of $97.00, for a total transaction of $165,967.00. Following the transaction, the insider now directly owns 15,894 shares in the company, valued at approximately $1,541,718. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Richard Scott Blackley sold 2,194 shares of the firm’s stock in a transaction on Friday, March 16th. The shares were sold at an average price of $98.19, for a total value of $215,428.86. Following the transaction, the chief financial officer now owns 38,537 shares in the company, valued at $3,783,948.03. The disclosure for this sale can be found here. In the last three months, insiders sold 288,163 shares of company stock valued at $26,936,723. 1.73% of the stock is currently owned by insiders.
Several brokerages have recently commented on COF. ValuEngine downgraded shares of Capital One from a “buy” rating to a “hold” rating in a research report on Thursday, April 26th. Morgan Stanley reduced their price objective on shares of Capital One from $111.00 to $104.00 and set an “equal weight” rating for the company in a research report on Monday, April 30th. UBS began coverage on shares of Capital One in a research report on Tuesday, March 27th. They set a “buy” rating and a $114.00 price objective for the company. Wells Fargo & Co reduced their price objective on shares of Capital One from $117.00 to $109.00 and set an “outperform” rating for the company in a research report on Thursday, March 29th. Finally, Robert W. Baird reaffirmed a “hold” rating on shares of Capital One in a research report on Wednesday, April 25th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $108.52.
Capital One Company Profile
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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