Qtron Investments LLC Has $1.43 Million Stock Position in Capital One Financial Corporation $COF

by · The Cerbat Gem

Qtron Investments LLC lifted its stake in Capital One Financial Corporation (NYSE:COF – Free Report) by 140.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,720 shares of the financial services provider’s stock after purchasing an additional 3,928 shares during the period. Qtron Investments LLC’s holdings in Capital One Financial were worth $1,430,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Earned Wealth Advisors LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at approximately $254,000. Plancorp LLC acquired a new position in Capital One Financial during the second quarter valued at approximately $272,000. Smith Chas P & Associates PA Cpas increased its stake in Capital One Financial by 1,490.0% in the second quarter. Smith Chas P & Associates PA Cpas now owns 43,486 shares of the financial services provider’s stock valued at $9,252,000 after purchasing an additional 40,751 shares in the last quarter. Callodine Capital Management LP increased its stake in Capital One Financial by 200.0% in the first quarter. Callodine Capital Management LP now owns 150,000 shares of the financial services provider’s stock valued at $26,895,000 after purchasing an additional 100,000 shares in the last quarter. Finally, Flagship Harbor Advisors LLC raised its holdings in Capital One Financial by 111.8% in the second quarter. Flagship Harbor Advisors LLC now owns 2,510 shares of the financial services provider’s stock worth $534,000 after purchasing an additional 1,325 shares during the period. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $231.37 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market cap of $147.09 billion, a price-to-earnings ratio of 97.62, a price-to-earnings-growth ratio of 0.55 and a beta of 1.16. The stock’s 50-day moving average is $215.82 and its 200-day moving average is $213.30. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $233.01.

Capital One Financial (NYSE:COF – Get Free Report) last posted its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The business had revenue of $15.46 billion during the quarter. Equities analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, November 17th. Capital One Financial’s dividend payout ratio is 135.02%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. The Goldman Sachs Group lifted their target price on Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a report on Wednesday, October 22nd. HSBC increased their price target on Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a report on Thursday, October 23rd. Morgan Stanley raised their price target on Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Finally, Barclays boosted their price objective on Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $261.63.

Read Our Latest Stock Report on COF

Insider Buying and Selling

In other Capital One Financial news, insider Lia Dean sold 3,269 shares of Capital One Financial stock in a transaction on Monday, December 1st. The shares were sold at an average price of $218.15, for a total value of $713,132.35. Following the sale, the insider directly owned 69,855 shares in the company, valued at approximately $15,238,868.25. The trade was a 4.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Frank G. LapradeIii sold 17,840 shares of the stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $222.03, for a total transaction of $3,961,015.20. Following the transaction, the insider owned 48,315 shares of the company’s stock, valued at approximately $10,727,379.45. This represents a 26.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 280,218 shares of company stock valued at $62,395,804 over the last ninety days. Insiders own 1.26% of the company’s stock.

About Capital One Financial

(Free Report)

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.

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