Kwmg LLC Lowers Holdings in Capital One Financial Co. (NYSE:COF)

Kwmg LLC reduced its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 7.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,491 shares of the financial services provider's stock after selling 2,995 shares during the period. Kwmg LLC's holdings in Capital One Financial were worth $6,685,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. FMR LLC raised its position in shares of Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider's stock valued at $994,350,000 after purchasing an additional 1,169,395 shares during the last quarter. Eminence Capital LP purchased a new position in shares of Capital One Financial in the second quarter worth $127,465,000. International Assets Investment Management LLC acquired a new stake in shares of Capital One Financial during the fourth quarter worth $130,683,000. Wellington Management Group LLP grew its holdings in shares of Capital One Financial by 268.7% during the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider's stock valued at $146,052,000 after buying an additional 710,881 shares during the last quarter. Finally, Southpoint Capital Advisors LP acquired a new position in shares of Capital One Financial in the 3rd quarter valued at $104,811,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

Shares of COF stock traded up $5.10 during trading hours on Monday, hitting $180.39. 4,205,276 shares of the company's stock were exchanged, compared to its average volume of 2,775,953. Capital One Financial Co. has a fifty-two week low of $123.23 and a fifty-two week high of $198.30. The firm has a market cap of $68.77 billion, a P/E ratio of 17.03, a P/E/G ratio of 1.36 and a beta of 1.46. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The firm has a 50 day moving average of $183.26 and a two-hundred day moving average of $159.21.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping analysts' consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10 billion during the quarter, compared to analysts' expectations of $9.88 billion. During the same period in the prior year, the business posted $4.45 earnings per share. The firm's revenue for the quarter was up 6.8% on a year-over-year basis. Sell-side analysts forecast that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.33%. Capital One Financial's dividend payout ratio (DPR) is currently 22.66%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the firm's stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the sale, the insider now directly owns 26,482 shares of the company's stock, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the business's stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the transaction, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 26.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 29,007 shares of company stock valued at $4,982,647 over the last quarter. 1.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Barclays upgraded Capital One Financial from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $158.00 to $219.00 in a research note on Monday, January 6th. Royal Bank of Canada upped their target price on Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a research report on Friday, October 25th. Robert W. Baird raised their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a research report on Friday, October 25th. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and upped their price objective for the company from $168.00 to $235.00 in a report on Monday. Finally, Truist Financial began coverage on shares of Capital One Financial in a report on Tuesday, January 7th. They set a "buy" rating and a $229.00 target price for the company. Eight investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $188.81.

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.