Bank Julius Baer & Co. Ltd Zurich Purchases 1,839 Shares of Capital One Financial Corporation (NYSE:COF)

Bank Julius Baer & Co. Ltd Zurich lifted its stake in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 245.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,587 shares of the financial services provider's stock after acquiring an additional 1,839 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich's holdings in Capital One Financial were worth $464,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Beacon Capital Management LLC lifted its holdings in shares of Capital One Financial by 118.3% in the first quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock valued at $32,000 after purchasing an additional 97 shares in the last quarter. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Capital One Financial in the fourth quarter valued at $41,000. Bogart Wealth LLC lifted its holdings in shares of Capital One Financial by 1,518.8% in the first quarter. Bogart Wealth LLC now owns 259 shares of the financial services provider's stock valued at $46,000 after purchasing an additional 243 shares in the last quarter. Rossby Financial LCC purchased a new stake in shares of Capital One Financial in the first quarter valued at $48,000. Finally, Bernard Wealth Management Corp. purchased a new stake in shares of Capital One Financial in the first quarter valued at $54,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on COF shares. Barclays restated an "overweight" rating and issued a $253.00 target price (up previously from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. TD Cowen upgraded Capital One Financial from a "hold" rating to a "buy" rating and increased their price objective for the stock from $184.00 to $258.00 in a report on Tuesday, July 8th. Wells Fargo & Company increased their price objective on Capital One Financial from $225.00 to $265.00 and gave the stock an "overweight" rating in a report on Friday. Wall Street Zen upgraded Capital One Financial from a "hold" rating to a "buy" rating in a report on Friday, July 18th. Finally, Keefe, Bruyette & Woods increased their price objective on Capital One Financial from $248.00 to $260.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $233.07.

Capital One Financial Stock Up 0.6%

Capital One Financial stock traded up $1.34 during mid-day trading on Monday, hitting $214.19. 1,232,060 shares of the company's stock were exchanged, compared to its average volume of 4,521,066. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. The stock has a market cap of $82.06 billion, a P/E ratio of 110.15, a P/E/G ratio of 0.85 and a beta of 1.15. Capital One Financial Corporation has a 1-year low of $128.23 and a 1-year high of $232.45. The stock has a 50 day moving average of $204.67 and a two-hundred day moving average of $191.63.

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

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's dividend payout ratio (DPR) is presently 123.08%.

Insider Buying and Selling

In related news, insider Robert M. Alexander sold 10,114 shares of Capital One Financial 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction dated 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 sale, the insider directly owned 20,089 shares in the company, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 21,332 shares of company stock valued at $4,540,285 over the last three months. 1.26% of the stock is owned by corporate insiders.

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.