Capital One Financial Corporation $COF Shares Acquired by UniSuper Management Pty Ltd

Key Points

• UniSuper Management Pty Ltd increased its stake in Capital One Financial by 6.3%, owning 28,823 shares valued at $5,168,000 after acquiring an additional 1,720 shares in the first quarter.
• Insiders sold 21,298 shares worth nearly $4.68 million in the last quarter, reducing their positions, with Robert M. Alexander selling over $2.3 million in shares.
• Analysts have raised their price targets for Capital One Financial, with Citigroup setting a new target of $275, and the average consensus target price now stands at $238.81.

UniSuper Management Pty Ltd increased its stake in Capital One Financial Corporation (NYSE:COF - Free Report) by 6.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,823 shares of the financial services provider's stock after purchasing an additional 1,720 shares during the quarter. UniSuper Management Pty Ltd's holdings in Capital One Financial were worth $5,168,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of COF. WPG Advisers LLC bought a new stake in Capital One Financial during the first quarter valued at about $25,000. Saudi Central Bank bought a new stake in Capital One Financial during the first quarter valued at about $27,000. Beacon Capital Management LLC raised its holdings in Capital One Financial by 118.3% during the first quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock valued at $32,000 after acquiring an additional 97 shares during the period. Bogart Wealth LLC grew its position in shares of Capital One Financial by 1,518.8% during the first quarter. Bogart Wealth LLC now owns 259 shares of the financial services provider's stock valued at $46,000 after purchasing an additional 243 shares in the last quarter. Finally, Motco grew its position in shares of Capital One Financial by 115.1% during the first quarter. Motco now owns 256 shares of the financial services provider's stock valued at $46,000 after purchasing an additional 137 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on COF shares. Royal Bank Of Canada raised their price objective on Capital One Financial from $240.00 to $255.00 and gave the company a "sector perform" rating in a research report on Wednesday, July 23rd. Truist Financial boosted their target price on Capital One Financial from $260.00 to $270.00 and gave the company a "buy" rating in a research report on Friday. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $245.00 to $248.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Barclays reaffirmed an "overweight" rating and set a $253.00 price target (up previously from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Finally, Redburn Atlantic raised shares of Capital One Financial to a "strong-buy" rating in a research note on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $239.44.

Capital One Financial Stock Performance

NYSE:COF traded down $0.76 during mid-day trading on Friday, hitting $223.59. The company's stock had a trading volume of 2,153,576 shares, compared to its average volume of 4,303,866. Capital One Financial Corporation has a 1 year low of $137.64 and a 1 year high of $232.45. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. The stock has a market cap of $142.99 billion, a price-to-earnings ratio of 114.66, a PEG ratio of 0.87 and a beta of 1.17. The business's fifty day moving average is $217.84 and its two-hundred day moving average is $196.29.

Capital One Financial (NYSE:COF - Get Free Report) last posted 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 business had revenue of $12.49 billion during the quarter, compared to analysts' expectations of $12.72 billion. During the same period in the previous year, the company posted $3.14 earnings per share. Capital One Financial's revenue for the quarter was up 31.4% compared to the same quarter last year. Analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial's dividend payout ratio is presently 123.08%.

Insider Activity

In other Capital One Financial news, insider Robert M. Alexander sold 10,114 shares of the stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the completion of the sale, the insider owned 68,707 shares in the company, valued at approximately $15,655,577.02. This represents a 12.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Zamsky sold 5,515 shares of the stock in a transaction dated 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 completion of the sale, the insider owned 27,364 shares of the company's stock, valued at approximately $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 90 days, insiders sold 21,298 shares of company stock valued at $4,679,844. Insiders own 1.26% of the company's stock.

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.