2,853 Shares in Capital One Financial Corporation $COF Bought by CHICAGO TRUST Co NA

Key Points

• Chicago Trust Co NA has acquired 2,853 shares of Capital One Financial, valued at approximately $607,000, as part of its second-quarter investments.
• Recent analyst reports have resulted in increased price targets for Capital One Financial, with Barclays and Wells Fargo setting new target prices of $253.00 and $265.00, respectively, reflecting a generally optimistic outlook.
• Insider trading has seen a notable decline in ownership, with insiders selling a total of 21,298 shares valued at nearly $4.68 million in the past three months, representing 1.26% of the company's stock held by insiders.

CHICAGO TRUST Co NA acquired a new position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 2,853 shares of the financial services provider's stock, valued at approximately $607,000.

A number of other hedge funds have also recently made changes to their positions in COF. Brighton Jones LLC lifted its stake in shares of Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock worth $2,423,000 after purchasing an additional 10,428 shares during the last quarter. Jefferies Financial Group Inc. increased its position in Capital One Financial by 737.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 22,583 shares of the financial services provider's stock valued at $4,027,000 after buying an additional 26,124 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Capital One Financial during the 4th quarter valued at about $34,343,000. Siemens Fonds Invest GmbH increased its position in Capital One Financial by 2,139.7% during the 4th quarter. Siemens Fonds Invest GmbH now owns 92,431 shares of the financial services provider's stock valued at $16,482,000 after buying an additional 88,304 shares in the last quarter. Finally, Lansforsakringar Fondforvaltning AB publ acquired a new position in Capital One Financial during the 4th quarter valued at about $91,780,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

COF has been the topic of several recent analyst reports. Barclays reaffirmed an "overweight" rating and set a $253.00 target price (up from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. Wells Fargo & Company upped their target price on Capital One Financial from $225.00 to $265.00 and gave the company an "overweight" rating in a research report on Friday, July 25th. TD Cowen raised Capital One Financial from a "hold" rating to a "buy" rating and upped their target price for the company from $184.00 to $258.00 in a research report on Tuesday, July 8th. Truist Financial upped their target price on Capital One Financial from $260.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, September 12th. Finally, Keefe, Bruyette & Woods increased their price objective on Capital One Financial from $248.00 to $260.00 and gave the company an "outperform" rating in a report on Wednesday, July 23rd. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $239.44.

Insider Buying and Selling

In related news, insider Robert M. Alexander sold 10,114 shares of the firm's stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the sale, the insider directly owned 68,707 shares of the company's stock, valued at $15,655,577.02. This trade represents a 12.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $223.40, for a total value of $446,800.00. Following the sale, the general counsel directly owned 100,486 shares in the company, valued at approximately $22,448,572.40. This trade represents a 1.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,298 shares of company stock valued at $4,679,844 in the last three months. 1.26% of the stock is currently owned by insiders.

Capital One Financial Stock Down 1.1%

Shares of COF stock opened at $223.00 on Wednesday. The firm has a market capitalization of $142.61 billion, a PE ratio of 114.36, a P/E/G ratio of 0.87 and a beta of 1.17. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The stock's 50-day simple moving average is $218.93 and its 200-day simple moving average is $198.36. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, topping the consensus estimate of $1.93 by $3.55. The company had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. The firm's revenue was up 31.4% on a year-over-year basis. During the same period last year, the business earned $3.14 earnings per share. Equities analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial's dividend payout ratio (DPR) is 123.08%.

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.

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