Payden & Rygel Has $171,000 Stake in Capital One Financial Corporation (COF)

Payden & Rygel continued to hold its position in shares of Capital One Financial Corporation (NYSE:COF) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,969 shares of the financial services provider’s stock at the end of the first quarter. Payden & Rygel’s holdings in Capital One Financial Corporation were worth $171,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Aviva PLC raised its position in shares of Capital One Financial Corporation by 10.0% in the fourth quarter. Aviva PLC now owns 313,514 shares of the financial services provider’s stock valued at $27,354,000 after buying an additional 28,445 shares in the last quarter. Elkfork Partners LLC bought a new position in shares of Capital One Financial Corporation during the fourth quarter valued at about $8,415,000. Cypress Capital Management LLC bought a new position in shares of Capital One Financial Corporation during the fourth quarter valued at about $442,000. Trexquant Investment LP bought a new position in shares of Capital One Financial Corporation during the fourth quarter valued at about $1,876,000. Finally, Keybank National Association OH raised its position in shares of Capital One Financial Corporation by 2.0% in the fourth quarter. Keybank National Association OH now owns 343,553 shares of the financial services provider’s stock valued at $29,971,000 after buying an additional 6,875 shares in the last quarter. 88.89% of the stock is currently owned by institutional investors and hedge funds.

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

Capital One Financial Corporation (NYSE COF) traded down 0.34% during trading on Tuesday, reaching $81.45. 333,153 shares of the company traded hands. Capital One Financial Corporation has a 52 week low of $58.03 and a 52 week high of $96.92. The company’s 50-day moving average price is $80.21 and its 200 day moving average price is $85.99. The firm has a market capitalization of $39.28 billion, a price-to-earnings ratio of 12.36 and a beta of 1.21.

Capital One Financial Corporation (NYSE:COF) last announced its quarterly earnings data on Tuesday, April 25th. The financial services provider reported $1.75 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.93 by $0.18. The company had revenue of $6.54 billion for the quarter, compared to the consensus estimate of $6.63 billion. Capital One Financial Corporation had a net margin of 12.96% and a return on equity of 7.83%. The company’s revenue was down .5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.84 earnings per share. On average, equities research analysts expect that Capital One Financial Corporation will post $7.49 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 25th. Investors of record on Monday, May 15th were paid a dividend of $0.40 per share. The ex-dividend date was Thursday, May 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.96%. Capital One Financial Corporation’s dividend payout ratio (DPR) is presently 24.32%.

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Several brokerages recently issued reports on COF. Rafferty Capital Markets lowered shares of Capital One Financial Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, April 26th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $106.00 target price on shares of Capital One Financial Corporation in a research note on Wednesday, April 5th. Royal Bank Of Canada reissued a “buy” rating on shares of Capital One Financial Corporation in a research note on Tuesday, April 4th. Credit Suisse Group reissued a “hold” rating and set a $99.00 target price on shares of Capital One Financial Corporation in a research note on Friday, April 7th. Finally, Nomura raised shares of Capital One Financial Corporation from a “neutral” rating to a “buy” rating and increased their target price for the stock from $97.00 to $105.00 in a research note on Wednesday, March 29th. Four analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. Capital One Financial Corporation currently has a consensus rating of “Hold” and a consensus price target of $92.05.

In other Capital One Financial Corporation news, insider Michael J. Wassmer sold 734 shares of the company’s stock in a transaction that occurred on Monday, April 3rd. The stock was sold at an average price of $86.88, for a total value of $63,769.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael Slocum sold 6,276 shares of the company’s stock in a transaction that occurred on Friday, May 5th. The stock was sold at an average price of $82.16, for a total value of $515,636.16. Following the completion of the transaction, the insider now owns 61,905 shares of the company’s stock, valued at $5,086,114.80. The disclosure for this sale can be found here. Insiders own 1.73% of the company’s stock.

Capital One Financial Corporation Company Profile

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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