Siemens Fonds Invest GmbH Grows Position in Capital One Financial Co. (NYSE:COF)

Siemens Fonds Invest GmbH boosted its position in Capital One Financial Co. (NYSE:COF) by 2,139.7% in the 4th quarter, Holdings Channel reports. The fund owned 92,431 shares of the financial services provider’s stock after purchasing an additional 88,304 shares during the period. Capital One Financial makes up about 0.8% of Siemens Fonds Invest GmbH’s investment portfolio, making the stock its 22nd biggest position. Siemens Fonds Invest GmbH’s holdings in Capital One Financial were worth $16,482,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Bfsg LLC purchased a new position in Capital One Financial during the fourth quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Capital One Financial during the 4th quarter worth $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial in the fourth quarter worth about $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Capital One Financial during the 4th quarter valued at approximately $32,000. Finally, Decker Retirement Planning Inc. acquired a new position in Capital One Financial during the 4th quarter worth $32,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Capital One Financial

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

Capital One Financial Trading Up 0.1%

Capital One Financial stock opened at $197.40 on Friday. The company’s fifty day moving average price is $175.05 and its two-hundred day moving average price is $183.43. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The company has a market capitalization of $75.63 billion, a price-to-earnings ratio of 17.03, a PEG ratio of 1.19 and a beta of 1.13.

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

Capital One Financial Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Friday, May 23rd. Capital One Financial’s dividend payout ratio is presently 20.15%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. BTIG Research raised Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target on the stock in a research report on Tuesday, March 25th. JPMorgan Chase & Co. lowered their target price on Capital One Financial from $198.00 to $170.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 8th. Truist Financial upped their target price on Capital One Financial from $215.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, April 25th. Royal Bank of Canada set a $190.00 target price on shares of Capital One Financial and gave the stock a “sector perform” rating in a report on Monday, April 14th. Finally, Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their target price for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Four equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $207.73.

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.