OMERS ADMINISTRATION Corp Acquires 2,644 Shares of Capital One Financial Co. (NYSE:COF)

OMERS ADMINISTRATION Corp increased its holdings in Capital One Financial Co. (NYSE:COF) by 19.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,917 shares of the financial services provider’s stock after acquiring an additional 2,644 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Capital One Financial were worth $2,838,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. Bfsg LLC bought a new stake in Capital One Financial during the fourth quarter worth about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Capital One Financial during the 4th quarter valued at about $27,000. TruNorth Capital Management LLC bought a new stake in shares of Capital One Financial in the fourth quarter worth approximately $29,000. Decker Retirement Planning Inc. bought a new stake in shares of Capital One Financial in the fourth quarter worth approximately $32,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Capital One Financial in the fourth quarter worth approximately $32,000. Institutional investors own 89.84% of the company’s stock.

Insider Activity

In related news, Director Ann F. Hackett sold 1,658 shares of the stock in a transaction on Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the sale, the director now owns 56,244 shares in the company, valued at approximately $11,175,682.80. This represents a 2.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the firm’s stock in a transaction on Monday, May 12th. The stock was sold at an average price of $199.40, for a total value of $1,906,264.00. Following the completion of the sale, the insider now owns 20,089 shares of the company’s stock, valued at approximately $4,005,746.60. This represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on COF shares. Citigroup decreased their target price on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, March 24th. Robert W. Baird upgraded Capital One Financial from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. BTIG Research raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target for the company in a research report on Tuesday, March 25th. Finally, Truist Financial raised their price objective on shares of Capital One Financial from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Friday, April 25th. Four research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $207.73.

Capital One Financial Stock Performance

NYSE:COF opened at $196.59 on Thursday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The stock has a 50-day moving average price of $174.37 and a 200 day moving average price of $183.21. The stock has a market capitalization of $75.32 billion, a P/E ratio of 16.96, a P/E/G ratio of 1.19 and a beta of 1.13.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.31. The firm had revenue of $10 billion for the quarter, compared to analysts’ expectations of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Equities research analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.22%. The ex-dividend date is Friday, May 23rd. Capital One Financial’s dividend payout ratio is 20.15%.

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.