Capital One Financial Corporation $COF Shares Bought by Conning Inc.

Conning Inc. increased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 59.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,809 shares of the financial services provider's stock after acquiring an additional 1,424 shares during the period. Conning Inc.'s holdings in Capital One Financial were worth $810,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC grew its position in Capital One Financial by 588,668.3% during 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 buying an additional 117,427,549 shares during the period. Vanguard Group Inc. grew its holdings in shares of Capital One Financial by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 32,250,923 shares of the financial services provider's stock worth $5,782,590,000 after acquiring an additional 506,105 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Capital One Financial by 23.7% in the 1st 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 during the period. Goldman Sachs Group Inc. grew its holdings in shares of Capital One Financial by 18.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,766,573 shares of the financial services provider's stock worth $854,647,000 after acquiring an additional 734,939 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Capital One Financial by 45.1% in the 1st 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 during the period. Institutional investors and hedge funds own 89.84% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft upped their target price on Capital One Financial from $215.00 to $224.00 and gave the company a "hold" rating in a report on Thursday, October 2nd. Citigroup increased their price objective on shares of Capital One Financial from $250.00 to $275.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Morgan Stanley increased their price objective on shares of Capital One Financial from $261.00 to $267.00 and gave the company an "overweight" rating in a research note on Monday, September 29th. Rothschild & Co Redburn began coverage on shares of Capital One Financial in a research report on Friday, August 1st. They issued a "buy" rating and a $290.00 price target on the stock. Finally, Truist Financial increased their target price on Capital One Financial from $260.00 to $270.00 and gave the company a "buy" rating in a report on Friday, September 12th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of "Moderate Buy" and a consensus target price of $252.78.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the transaction, the general counsel directly owned 98,486 shares of the company's stock, valued at $20,878,047.14. The trade was a 1.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of Capital One Financial stock in a transaction on Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the transaction, the insider owned 27,364 shares in the company, valued at $5,735,220.76. The trade was a 16.77% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 23,298 shares of company stock valued at $5,103,824. 1.26% of the stock is currently owned by corporate insiders.

Capital One Financial Stock Down 4.0%

Shares of COF opened at $202.37 on Friday. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The firm has a market cap of $129.42 billion, a PE ratio of 103.78, a price-to-earnings-growth ratio of 0.74 and a beta of 1.18. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. The company's fifty day moving average is $219.02 and its two-hundred day moving average is $202.27.

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

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial's payout ratio is 123.08%.

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.

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