Capital One Financial Corporation $COF Position Increased by BlackRock Inc.

BlackRock Inc. boosted its holdings in Capital One Financial Corporation (NYSE:COF) by 0.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 51,054,869 shares of the financial services provider's stock after buying an additional 236,643 shares during the quarter. BlackRock Inc. owned 8.32% of Capital One Financial worth $10,242,628,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. HighTower Advisors LLC increased its holdings in shares of Capital One Financial by 18.1% in the 4th quarter. HighTower Advisors LLC now owns 353,767 shares of the financial services provider's stock valued at $85,739,000 after purchasing an additional 54,263 shares during the period. Swiss Life Asset Management Ltd boosted its holdings in shares of Capital One Financial by 11.2% during the fourth quarter. Swiss Life Asset Management Ltd now owns 115,843 shares of the financial services provider's stock worth $28,076,000 after purchasing an additional 11,651 shares during the period. Vanguard Group Inc. grew its position in Capital One Financial by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider's stock valued at $13,789,615,000 after purchasing an additional 360,071 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its position in Capital One Financial by 2.9% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 223,977 shares of the financial services provider's stock valued at $54,283,000 after purchasing an additional 6,225 shares in the last quarter. Finally, Truist Financial Corp increased its stake in Capital One Financial by 2.5% in the 4th quarter. Truist Financial Corp now owns 640,050 shares of the financial services provider's stock valued at $155,122,000 after buying an additional 15,644 shares during the period. Institutional investors own 89.84% of the company's stock.

Capital One Financial Trading Down 2.5%

Shares of NYSE:COF opened at $221.77 on Tuesday. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64. The company has a market cap of $136.05 billion, a P/E ratio of 13.72, a P/E/G ratio of 0.84 and a beta of 1.02. The stock's 50-day moving average is $205.76 and its 200-day moving average is $198.08. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating the consensus estimate of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The company had revenue of $15.83 billion during the quarter, compared to analysts' expectations of $15.76 billion. During the same period in the prior year, the business earned $5.48 earnings per share. Capital One Financial's revenue for the quarter was up 26.9% compared to the same quarter last year. Equities research analysts predict that Capital One Financial Corporation will post 20.19 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, August 17th. Capital One Financial's dividend payout ratio (DPR) is 19.80%.

Insider Buying and Selling at Capital One Financial

In other news, insider Ravi Raghu sold 9,726 shares of Capital One Financial stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the sale, the insider directly owned 26,328 shares in the company, valued at approximately $5,523,087.84. The trade was a 26.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Timothy P. Golden sold 3,487 shares of the firm's stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total transaction of $735,757.00. Following the transaction, the chief accounting officer owned 7,429 shares of the company's stock, valued at approximately $1,567,519. This represents a 31.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 22,186 shares of company stock valued at $4,697,301 in the last 90 days. Insiders own 0.78% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Weiss Ratings upgraded shares of Capital One Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday. TD Cowen dropped their price target on shares of Capital One Financial from $260.00 to $253.00 and set a "buy" rating on the stock in a research note on Tuesday, July 7th. Barclays cut their price objective on Capital One Financial from $242.00 to $240.00 and set an "overweight" rating for the company in a report on Wednesday, July 22nd. Rothschild & Co Redburn lowered their target price on Capital One Financial from $290.00 to $275.00 and set a "buy" rating on the stock in a research note on Wednesday, April 29th. Finally, Citigroup dropped their target price on Capital One Financial from $310.00 to $295.00 and set a "buy" rating on the stock in a research report on Tuesday, July 28th. Twenty-one analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $259.36.

Capital One Financial Profile

Capital One Financial Corporation NYSE: COF is a diversified bank holding company headquartered in McLean, Virginia. The company's core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.

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