171,519 Shares in Capital One Financial Corporation $COF Bought by Nykredit A S

Key Points

• Nykredit A S acquired 171,519 shares of Capital One Financial in the second quarter, valued at approximately $34.4 million. Institutional investors collectively own 89.84% of the company.
• Capital One reported quarterly earnings of $5.81 per share, surpassing estimates of $4.79, while revenue rose 26.9% year over year to $15.83 billion.
• Analysts maintain a positive outlook, with 21 Buy ratings and three Holds producing a consensus “Moderate Buy” rating and an average price target of $258.91; the company also pays a quarterly dividend of $0.80 per share.

Nykredit A S purchased a new position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 171,519 shares of the financial services provider's stock, valued at approximately $34,410,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of COF. First Command Advisory Services Inc. raised its position in shares of Capital One Financial by 4.5% in the fourth quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider's stock valued at $259,000 after buying an additional 46 shares during the last quarter. Fiducient Advisors LLC raised its stake in Capital One Financial by 4.2% during the fourth quarter. Fiducient Advisors LLC now owns 1,196 shares of the financial services provider's stock worth $290,000 after purchasing an additional 48 shares during the period. Allen Capital Group LLC raised its stake in Capital One Financial by 4.2% during the fourth quarter. Allen Capital Group LLC now owns 1,230 shares of the financial services provider's stock worth $298,000 after purchasing an additional 50 shares during the period. Zhang Financial LLC boosted its holdings in shares of Capital One Financial by 1.7% in the 4th quarter. Zhang Financial LLC now owns 3,050 shares of the financial services provider's stock valued at $739,000 after purchasing an additional 50 shares during the last quarter. Finally, Bell Investment Advisors Inc boosted its holdings in shares of Capital One Financial by 17.8% in the 1st quarter. Bell Investment Advisors Inc now owns 344 shares of the financial services provider's stock valued at $63,000 after purchasing an additional 52 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Activity at Capital One Financial

In other news, insider Lia Dean sold 2,193 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $225.52, for a total transaction of $494,565.36. Following the completion of the transaction, the insider directly owned 63,261 shares of the company's stock, valued at $14,266,620.72. This trade represents a 3.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Timothy Golden sold 3,487 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total transaction of $735,757.00. Following the transaction, the chief accounting officer owned 7,429 shares of the company's stock, valued at approximately $1,567,519. This represents a 31.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 33,850 shares of company stock worth $7,208,382. 0.78% of the stock is owned by company insiders.

Capital One Financial Stock Down 0.1%

Shares of Capital One Financial stock opened at $201.91 on Friday. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. The stock has a 50 day moving average price of $213.03 and a two-hundred day moving average price of $198.39. The stock has a market capitalization of $123.87 billion, a P/E ratio of 12.49, a PEG ratio of 0.74 and a beta of 1.02.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping analysts' consensus estimates of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The company had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. During the same period in the previous year, the company earned $5.48 earnings per share. The company's quarterly revenue was up 26.9% compared to the same quarter last year. Equities analysts expect that Capital One Financial Corporation will post 20.3 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were paid a $0.80 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. Capital One Financial's dividend payout ratio (DPR) is presently 19.80%.

Analysts Set New Price Targets

Several research firms recently weighed in on COF. TD Cowen reduced their target price on shares of Capital One Financial from $260.00 to $253.00 and set a "buy" rating on the stock in a report on Tuesday, July 7th. BTIG Research raised their price target on shares of Capital One Financial from $224.00 to $259.00 and gave the company a "buy" rating in a report on Tuesday, June 30th. HSBC raised Capital One Financial from a "hold" rating to a "buy" rating and increased their price target for the company from $226.00 to $229.00 in a report on Sunday, July 12th. Weiss Ratings raised shares of Capital One Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, August 13th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $215.00 to $245.00 and gave the company an "overweight" rating in a research report on Monday, July 13th. Twenty-one equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Capital One Financial currently has a consensus rating of "Moderate Buy" and an average price target of $258.91.

About Capital One Financial

Capital One Financial Corporation NYSE: COF is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company initially built its business as a credit card issuer and has since expanded into consumer banking, commercial banking and payments.

Capital One offers a range of credit card products for consumers and businesses, along with deposit accounts, savings products, auto loans and other consumer lending services. Through its commercial banking operations, the company provides financing, treasury management and related services to commercial real estate clients, middle-market companies and other businesses.

Capital One primarily serves customers in the United States, with additional operations and financial services activities in Canada and the United Kingdom.

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