Swedbank AB Has $12.27 Million Position in Capital One Financial Co. (NYSE:COF)

Swedbank AB lifted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 68,791 shares of the financial services provider’s stock after buying an additional 547 shares during the period. Swedbank AB’s holdings in Capital One Financial were worth $12,267,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Decker Retirement Planning Inc. acquired a new position in Capital One Financial during the fourth quarter valued at approximately $32,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Capital One Financial in the 3rd quarter valued at approximately $36,000. Creative Financial Designs Inc. ADV grew its stake in shares of Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after buying an additional 166 shares in the last quarter. Eastern Bank acquired a new position in Capital One Financial during the third quarter worth $44,000. Finally, Prospera Private Wealth LLC bought a new stake in Capital One Financial during the third quarter worth $47,000. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the subject of a number of analyst reports. Robert W. Baird lifted their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Truist Financial boosted their price target on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and cut their price objective for the company from $203.00 to $200.00 in a research report on Monday, December 9th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Finally, UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Nine research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $196.31.

Insider Transactions at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the sale, the insider now directly owns 26,482 shares in the company, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Kara West sold 721 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the transaction, the insider now owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,256 shares of company stock valued at $2,462,487. Company insiders own 1.30% of the company’s stock.

Capital One Financial Trading Down 0.3 %

Shares of NYSE:COF opened at $204.02 on Friday. The business’s 50 day simple moving average is $186.82 and its 200 day simple moving average is $164.25. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $208.63. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market capitalization of $77.78 billion, a P/E ratio of 17.60, a P/E/G ratio of 1.25 and a beta of 1.46.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm posted $2.81 EPS. On average, research analysts anticipate that Capital One Financial Co. will post 15.4 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s payout ratio is presently 20.71%.

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.