Lmcg Investments LLC Has $13.03 Million Stock Position in Capital One Financial Co. (NYSE:COF)

Lmcg Investments LLC lessened its stake in Capital One Financial Co. (NYSE:COFFree Report) by 12.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 99,365 shares of the financial services provider’s stock after selling 14,056 shares during the quarter. Capital One Financial comprises about 0.8% of Lmcg Investments LLC’s investment portfolio, making the stock its 29th largest holding. Lmcg Investments LLC’s holdings in Capital One Financial were worth $13,029,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in COF. FFT Wealth Management LLC boosted its holdings in shares of Capital One Financial by 3.6% during the 4th quarter. FFT Wealth Management LLC now owns 2,325 shares of the financial services provider’s stock worth $305,000 after buying an additional 80 shares during the period. Quent Capital LLC grew its position in shares of Capital One Financial by 4.9% in the fourth quarter. Quent Capital LLC now owns 1,819 shares of the financial services provider’s stock valued at $239,000 after purchasing an additional 85 shares during the last quarter. Merit Financial Group LLC increased its stake in shares of Capital One Financial by 3.1% during the fourth quarter. Merit Financial Group LLC now owns 2,808 shares of the financial services provider’s stock worth $368,000 after purchasing an additional 85 shares during the period. Greylin Investment Management Inc lifted its holdings in Capital One Financial by 1.7% during the 4th quarter. Greylin Investment Management Inc now owns 6,070 shares of the financial services provider’s stock worth $796,000 after purchasing an additional 100 shares during the last quarter. Finally, 626 Financial LLC boosted its stake in Capital One Financial by 4.2% in the 4th quarter. 626 Financial LLC now owns 2,591 shares of the financial services provider’s stock valued at $340,000 after purchasing an additional 105 shares during the period. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Capital One Financial stock traded up $1.27 during mid-day trading on Wednesday, reaching $144.35. 2,062,280 shares of the company’s stock were exchanged, compared to its average volume of 2,589,951. The firm has a market capitalization of $54.88 billion, a PE ratio of 11.30, a P/E/G ratio of 1.03 and a beta of 1.46. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86. The business’s fifty day simple moving average is $142.01 and its 200 day simple moving average is $130.52. Capital One Financial Co. has a one year low of $88.23 and a one year high of $149.94.

Capital One Financial (NYSE:COFGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The company had revenue of $9.40 billion during the quarter, compared to analysts’ expectations of $9.35 billion. During the same period last year, the firm posted $2.31 earnings per share. Capital One Financial’s quarterly revenue was up 5.6% compared to the same quarter last year. On average, sell-side analysts expect that Capital One Financial Co. will post 13.7 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Monday, May 13th will be issued a $0.60 dividend. The ex-dividend date is Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.66%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Analysts Set New Price Targets

COF has been the subject of several analyst reports. JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a report on Wednesday, April 3rd. Royal Bank of Canada upped their price objective on shares of Capital One Financial from $142.00 to $150.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 21st. BMO Capital Markets increased their price target on Capital One Financial from $124.00 to $125.00 and gave the stock a “market perform” rating in a report on Monday, January 29th. Piper Sandler upped their target price on Capital One Financial from $126.00 to $142.00 and gave the company a “neutral” rating in a research report on Friday, February 23rd. Finally, Wolfe Research upgraded Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target on the stock in a report on Thursday, April 4th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $138.50.

Read Our Latest Stock Analysis on Capital One Financial

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the sale, the insider now directly owns 47,081 shares in the company, valued at $6,726,933.28. The sale was disclosed in a filing with the SEC, which is accessible through this link. In related news, insider Celia Karam sold 16,913 shares of Capital One Financial stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the transaction, the insider now directly owns 47,081 shares in the company, valued at approximately $6,726,933.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Timothy P. Golden sold 8,656 shares of the stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the sale, the insider now owns 10,246 shares in the company, valued at approximately $1,475,833.84. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

Capital One Financial Company Profile

(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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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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