Capital One Financial Corporation $COF Holdings Raised by Trust Co. of Vermont

Key Points

• Trust Co. of Vermont increased its stake in Capital One Financial Corporation by 14.8%, holding 20,409 shares valued at approximately $4.34 million after purchasing an additional 2,635 shares in the second quarter.
• Major institutional investors, including Kingstone Capital Partners and UBS AM, have significantly raised their positions in Capital One Financial, with Kingstone's stake amounting to 117 million shares valued at nearly $25 billion.
• The company reported a significant earnings per share of $5.48 for the last quarter, which exceeded analysts' estimates by $3.55, highlighting a 31.4% increase in quarterly revenue year-over-year.

Trust Co. of Vermont lifted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 14.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,409 shares of the financial services provider's stock after purchasing an additional 2,635 shares during the quarter. Trust Co. of Vermont's holdings in Capital One Financial were worth $4,342,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of COF. Kingstone Capital Partners Texas LLC raised its position in Capital One Financial by 588,668.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider's stock worth $24,988,129,000 after acquiring an additional 117,427,549 shares in the last quarter. Diamond Hill Capital Management Inc. bought a new stake in Capital One Financial in the first quarter worth about $381,848,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Capital One Financial by 45.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,677,128 shares of the financial services provider's stock worth $838,609,000 after acquiring an additional 1,454,595 shares in the last quarter. Bank of New York Mellon Corp raised its position in Capital One Financial by 23.7% in the first quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider's stock worth $889,519,000 after acquiring an additional 950,415 shares in the last quarter. Finally, Nuveen LLC bought a new stake in Capital One Financial in the first quarter worth about $141,599,000. 89.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Capital One Financial news, CAO Timothy P. Golden sold 207 shares of the company's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares of the company's stock, valued at $1,891,299.80. This represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert M. Alexander sold 10,114 shares of the company's stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total value of $2,304,576.04. Following the transaction, the insider owned 68,707 shares of the company's stock, valued at approximately $15,655,577.02. This trade represents a 12.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,298 shares of company stock worth $4,679,844 over the last ninety days. Company insiders own 1.26% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Royal Bank Of Canada boosted their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a research report on Wednesday, July 23rd. Barclays reissued an "overweight" rating and issued a $253.00 price target (up previously from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. JPMorgan Chase & Co. lifted their price target on Capital One Financial from $245.00 to $248.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Redburn Atlantic raised Capital One Financial to a "strong-buy" rating in a research note on Friday, August 1st. Finally, Keefe, Bruyette & Woods lifted their price target on Capital One Financial from $248.00 to $260.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $244.29.

Capital One Financial Trading Down 5.0%

NYSE:COF opened at $212.50 on Wednesday. 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 Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The stock's 50-day moving average is $219.34 and its two-hundred day moving average is $200.23. The stock has a market cap of $135.90 billion, a PE ratio of 108.97, a price-to-earnings-growth ratio of 0.86 and a beta of 1.17.

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

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid a $0.60 dividend. The ex-dividend date of this dividend 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 presently 123.08%.

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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