Aviance Capital Partners LLC Has $1.66 Million Stake in Capital One Financial Co. (NYSE:COF)

Aviance Capital Partners LLC reduced its holdings in Capital One Financial Co. (NYSE:COF) by 5.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,648 shares of the financial services provider’s stock after selling 737 shares during the period. Aviance Capital Partners LLC’s holdings in Capital One Financial were worth $1,658,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pzena Investment Management LLC boosted its position in shares of Capital One Financial by 8.3% in the 3rd quarter. Pzena Investment Management LLC now owns 7,626,988 shares of the financial services provider’s stock worth $740,199,000 after purchasing an additional 585,797 shares during the last quarter. National Bank of Canada FI boosted its holdings in Capital One Financial by 443.1% during the fourth quarter. National Bank of Canada FI now owns 553,744 shares of the financial services provider’s stock worth $73,150,000 after buying an additional 451,789 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth about $46,268,000. Wellington Management Group LLP increased its stake in shares of Capital One Financial by 37.7% in the 3rd quarter. Wellington Management Group LLP now owns 1,184,671 shares of the financial services provider’s stock valued at $114,972,000 after acquiring an additional 324,095 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in shares of Capital One Financial by 1,058.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 202,881 shares of the financial services provider’s stock valued at $26,602,000 after acquiring an additional 185,370 shares during the period. 89.84% of the stock is owned by institutional investors.

Insider Activity at Capital One Financial

In other news, insider Timothy P. Golden sold 8,656 shares of the company’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the completion of the sale, the insider now directly owns 10,246 shares in the company, valued at approximately $1,475,833.84. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.30% of the stock is currently owned by corporate insiders.

Capital One Financial Stock Up 0.6 %

Shares of NYSE:COF traded up $0.91 during midday trading on Monday, reaching $143.32. The company had a trading volume of 1,493,570 shares, compared to its average volume of 2,672,996. The business’s 50 day moving average price is $141.34 and its 200 day moving average price is $128.34. Capital One Financial Co. has a 1-year low of $85.22 and a 1-year high of $149.94. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86. The stock has a market cap of $54.49 billion, a PE ratio of 11.22, a P/E/G ratio of 1.03 and a beta of 1.46.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The firm had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. During the same period in the prior year, the business posted $2.31 EPS. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. Research analysts forecast that Capital One Financial Co. will post 13.7 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Monday, May 13th will be given a $0.60 dividend. The ex-dividend date is Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.67%. Capital One Financial’s payout ratio is 18.79%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on COF. Piper Sandler upped their target price on shares of Capital One Financial from $126.00 to $142.00 and gave the company a “neutral” rating in a research note on Friday, February 23rd. Wells Fargo & Company raised their price objective on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. UBS Group boosted their target price on Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, February 29th. Citigroup raised their price target on Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a research report on Wednesday, April 3rd. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $138.50.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.