Pitcairn Co. Has $1.31 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Pitcairn Co. increased its position in shares of Capital One Financial Co. (NYSE:COF) by 4.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,774 shares of the financial services provider’s stock after buying an additional 340 shares during the quarter. Pitcairn Co.’s holdings in Capital One Financial were worth $1,306,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cantor Fitzgerald Investment Advisors L.P. bought a new stake in shares of Capital One Financial during the fourth quarter worth about $2,299,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in Capital One Financial by 21.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock valued at $4,093,000 after purchasing an additional 4,840 shares during the last quarter. Twin Tree Management LP increased its holdings in Capital One Financial by 5.6% during the 1st quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock worth $10,200,000 after purchasing an additional 3,609 shares in the last quarter. Montag A & Associates Inc. raised its stake in shares of Capital One Financial by 42,536.0% in the fourth quarter. Montag A & Associates Inc. now owns 21,318 shares of the financial services provider’s stock worth $2,795,000 after purchasing an additional 21,268 shares during the last quarter. Finally, First Trust Direct Indexing L.P. lifted its holdings in shares of Capital One Financial by 14.3% in the fourth quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock valued at $1,667,000 after purchasing an additional 1,588 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on COF. Bank of America lifted their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $150.00 price objective on shares of Capital One Financial in a research report on Thursday. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $159.00 target price on shares of Capital One Financial in a research report on Wednesday, March 27th. BTIG Research started coverage on Capital One Financial in a report on Friday, June 7th. They issued a “neutral” rating for the company. Finally, JPMorgan Chase & Co. increased their price target on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research report on Monday, July 8th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $145.89.

Capital One Financial Stock Performance

Shares of COF traded up $1.68 during trading hours on Thursday, hitting $148.09. The company’s stock had a trading volume of 2,478,033 shares, compared to its average volume of 2,555,488. The business has a 50 day simple moving average of $139.05 and a two-hundred day simple moving average of $138.59. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $153.35. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 1.00. The company has a market cap of $56.30 billion, a price-to-earnings ratio of 11.72, a PEG ratio of 1.14 and a beta of 1.45.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.37% and a net margin of 9.01%. The business had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. During the same period last year, the business posted $3.52 earnings per share. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. On average, equities analysts expect that Capital One Financial Co. will post 13.4 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.62%. The ex-dividend date of this dividend was Friday, May 10th. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the transaction, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, insider Timothy P. Golden sold 8,656 shares of the company’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total value of $1,246,810.24. Following the transaction, the insider now owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the sale, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The disclosure for this sale can be found here. In the last three months, insiders have sold 56,311 shares of company stock worth $8,274,640. 1.30% of the stock is owned by company insiders.

About Capital One Financial

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.