Czech National Bank Boosts Stake in Capital One Financial Co. (NYSE:COF)

Czech National Bank grew its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 5.8% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 87,555 shares of the financial services provider's stock after acquiring an additional 4,838 shares during the quarter. Czech National Bank's holdings in Capital One Financial were worth $15,699,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of COF. Fifth Third Wealth Advisors LLC grew its position in shares of Capital One Financial by 36.9% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 6,766 shares of the financial services provider's stock worth $1,213,000 after purchasing an additional 1,824 shares in the last quarter. Webster Bank N. A. boosted its stake in shares of Capital One Financial by 0.8% in the first quarter. Webster Bank N. A. now owns 23,676 shares of the financial services provider's stock valued at $4,245,000 after buying an additional 192 shares during the period. Quent Capital LLC increased its stake in Capital One Financial by 14.0% during the 1st quarter. Quent Capital LLC now owns 2,199 shares of the financial services provider's stock worth $394,000 after acquiring an additional 270 shares during the period. Versant Capital Management Inc increased its stake in Capital One Financial by 100.9% during the 1st quarter. Versant Capital Management Inc now owns 1,286 shares of the financial services provider's stock worth $231,000 after acquiring an additional 646 shares during the period. Finally, Park National Corp OH acquired a new position in Capital One Financial in the 1st quarter valued at $5,713,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Capital One Financial Trading Down 0.5%

Shares of Capital One Financial stock traded down $0.95 during trading on Thursday, reaching $191.91. The company's stock had a trading volume of 2,558,005 shares, compared to its average volume of 3,504,158. The firm's 50-day moving average is $180.35 and its two-hundred day moving average is $184.90. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The company has a market cap of $73.53 billion, a price-to-earnings ratio of 16.56, a PEG ratio of 1.19 and a beta of 1.13.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, beating the consensus estimate of $3.75 by $0.31. The business had revenue of $10 billion for the quarter, compared to analysts' expectations of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. On average, sell-side analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd will be paid a dividend of $0.60 per share. The ex-dividend date is Friday, May 23rd. This represents a $2.40 annualized dividend and a yield of 1.25%. Capital One Financial's dividend payout ratio is 20.15%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on COF shares. BTIG Research upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective on the stock in a research note on Tuesday, March 25th. Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target on the stock in a research report on Wednesday, March 12th. Truist Financial lifted their price objective on shares of Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research note on Friday, April 25th. Robert W. Baird upgraded shares of Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their price objective for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Finally, Wells Fargo & Company raised their target price on Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $207.60.

Capital One Financial 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.