Capital One Financial Co. (NYSE:COF) Shares Bought by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC raised its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 36.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,766 shares of the financial services provider's stock after acquiring an additional 1,824 shares during the quarter. Fifth Third Wealth Advisors LLC's holdings in Capital One Financial were worth $1,213,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. boosted its position in Capital One Financial by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 31,744,818 shares of the financial services provider's stock valued at $5,660,736,000 after acquiring an additional 234,863 shares in the last quarter. Franklin Resources Inc. boosted its position in Capital One Financial by 3.2% during the 4th quarter. Franklin Resources Inc. now owns 10,718,860 shares of the financial services provider's stock valued at $1,911,387,000 after acquiring an additional 331,595 shares in the last quarter. Geode Capital Management LLC boosted its position in Capital One Financial by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider's stock valued at $1,467,393,000 after acquiring an additional 207,427 shares in the last quarter. FMR LLC boosted its position in shares of Capital One Financial by 21.6% in the 4th quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock worth $1,440,449,000 after purchasing an additional 1,436,935 shares in the last quarter. Finally, Northern Trust Corp boosted its position in shares of Capital One Financial by 21.8% in the 4th quarter. Northern Trust Corp now owns 4,433,401 shares of the financial services provider's stock worth $790,564,000 after purchasing an additional 793,765 shares in the last quarter. Institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Performance

Shares of NYSE COF traded down $0.95 during trading on Thursday, reaching $191.91. 2,558,005 shares of the company traded hands, compared to its average volume of 3,504,158. The firm's fifty day simple moving average is $180.35 and its 200 day simple moving average is $184.90. The stock has a market cap of $73.53 billion, a P/E ratio of 16.56, a PEG ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

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

Capital One Financial Announces Dividend

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

Insider Activity

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

Analyst Upgrades and Downgrades

COF has been the subject of a number of recent analyst reports. BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a research report on Tuesday, March 25th. JPMorgan Chase & Co. lowered their price objective on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. Robert W. Baird raised Capital One Financial from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. Evercore ISI raised Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective for the company in a research report on Wednesday, March 12th. Finally, Royal Bank of Canada set a $190.00 price objective on Capital One Financial and gave the stock a "sector perform" rating in a research report on Monday, April 14th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Capital One Financial has a consensus rating of "Moderate Buy" and a consensus 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.