ASR Vermogensbeheer N.V. Buys 11,547 Shares of Capital One Financial Corporation $COF

Key Points

• ASR Vermogensbeheer N.V. increased its stake in Capital One Financial Corporation by 18.2%, owning a total of 74,937 shares valued at approximately $15.94 million following the acquisition of 11,547 additional shares.
• Insider selling activity has been recorded, with General Counsel Matthew W. Cooper selling 2,000 shares and Robert M. Alexander selling 10,114 shares, resulting in reductions of 1.95% and 12.83% to their respective holdings.
• Capital One recently announced a quarterly dividend of $0.60 per share, reflecting a 1.1% dividend yield, while having a payout ratio of 123.08%.

ASR Vermogensbeheer N.V. raised its stake in Capital One Financial Corporation (NYSE:COF) by 18.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 74,937 shares of the financial services provider's stock after acquiring an additional 11,547 shares during the period. ASR Vermogensbeheer N.V.'s holdings in Capital One Financial were worth $15,943,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. EWA LLC bought a new stake in Capital One Financial in the 2nd quarter valued at $268,000. Philip James Wealth Mangement LLC purchased a new position in shares of Capital One Financial in the 2nd quarter worth $404,000. Tanager Wealth Management LLP purchased a new position in shares of Capital One Financial in the 2nd quarter worth $365,000. Vicus Capital grew its stake in shares of Capital One Financial by 97.1% in the 2nd quarter. Vicus Capital now owns 3,272 shares of the financial services provider's stock worth $696,000 after buying an additional 1,612 shares in the last quarter. Finally, Naples Global Advisors LLC grew its stake in shares of Capital One Financial by 16.7% in the 2nd quarter. Naples Global Advisors LLC now owns 2,238 shares of the financial services provider's stock worth $476,000 after buying an additional 321 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of the business's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $223.40, for a total value of $446,800.00. Following the completion of the sale, the general counsel owned 100,486 shares in the company, valued at approximately $22,448,572.40. The trade was a 1.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Robert M. Alexander sold 10,114 shares of the business's stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the completion of the sale, the insider owned 68,707 shares of the company's stock, valued at approximately $15,655,577.02. This represents a 12.83% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,298 shares of company stock worth $4,679,844. 1.26% of the stock is owned by company insiders.

Capital One Financial Trading Up 0.5%

Shares of COF opened at $213.55 on Thursday. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45. The company has a 50-day moving average of $219.22 and a 200 day moving average of $200.32. The firm has a market capitalization of $136.57 billion, a price-to-earnings ratio of 109.51, a PEG ratio of 0.81 and a beta of 1.18. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, beating analysts' consensus estimates of $1.93 by $3.55. The company had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. During the same quarter in the previous year, the business earned $3.14 EPS. The company's quarterly revenue was up 31.4% compared to the same quarter last year. On average, research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were issued a $0.60 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. Capital One Financial's payout ratio is currently 123.08%.

Analysts Set New Price Targets

A number of brokerages have commented on COF. Keefe, Bruyette & Woods lifted their price objective on shares of Capital One Financial from $248.00 to $260.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Royal Bank Of Canada lifted their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 23rd. Barclays reissued an "overweight" rating and issued a $253.00 price objective (up from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Citigroup lifted their price objective on shares of Capital One Financial from $250.00 to $275.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Finally, Wells Fargo & Company lifted their price target on shares of Capital One Financial from $225.00 to $265.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $244.29.

Capital One Financial Company Profile

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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