Culbertson A N & Co. Inc. grew its holdings in Capital One Financial Corp. (NYSE:COF) by 15.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,782 shares of the financial services provider’s stock after buying an additional 1,545 shares during the quarter. Culbertson A N & Co. Inc.’s holdings in Capital One Financial were worth $962,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in COF. Pinnacle Bank acquired a new position in shares of Capital One Financial during the 4th quarter worth approximately $28,000. Bogart Wealth LLC increased its position in shares of Capital One Financial by 72.5% during the 1st quarter. Bogart Wealth LLC now owns 440 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 185 shares during the last quarter. Advisors Asset Management Inc. increased its position in shares of Capital One Financial by 4,033.3% during the 4th quarter. Advisors Asset Management Inc. now owns 496 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 484 shares during the last quarter. Lavaca Capital LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth approximately $40,000. Finally, Valeo Financial Advisors LLC increased its position in shares of Capital One Financial by 115.2% during the 1st quarter. Valeo Financial Advisors LLC now owns 566 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 303 shares during the last quarter. Institutional investors own 89.29% of the company’s stock.
In other news, insider Kleber Santos sold 2,928 shares of the stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $84.54, for a total value of $247,533.12. Following the completion of the sale, the insider now owns 19,454 shares of the company’s stock, valued at $1,644,641.16. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.43% of the company’s stock.
Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, April 25th. The financial services provider reported $2.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.22. Capital One Financial had a return on equity of 10.95% and a net margin of 18.47%. The business had revenue of $7.08 billion during the quarter, compared to analysts’ expectations of $7.03 billion. During the same quarter in the prior year, the firm earned $2.62 EPS. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. On average, equities research analysts expect that Capital One Financial Corp. will post 11.08 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, May 23rd. Stockholders of record on Monday, May 13th will be paid a $0.40 dividend. The ex-dividend date is Friday, May 10th. This represents a $1.60 annualized dividend and a dividend yield of 1.77%. Capital One Financial’s payout ratio is 14.71%.
A number of research analysts recently weighed in on the company. Royal Bank of Canada reissued a “sector perform” rating and set a $98.00 target price on shares of Capital One Financial in a report on Friday, May 3rd. ValuEngine raised Capital One Financial from a “sell” rating to a “hold” rating in a report on Friday, April 26th. Zacks Investment Research downgraded Capital One Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, April 3rd. Nomura reduced their price target on Capital One Financial to $90.00 and set a “neutral” rating for the company in a research note on Wednesday, January 23rd. Finally, CIBC restated a “market perform” rating on shares of Capital One Financial in a research note on Wednesday, January 23rd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and eleven have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $103.69.
Capital One Financial 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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