Capital One Financial Corporation (NYSE:COF) Shares Purchased by KBC Group NV

KBC Group NV raised its holdings in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 36.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 853,840 shares of the financial services provider's stock after buying an additional 230,370 shares during the period. KBC Group NV owned about 0.22% of Capital One Financial worth $153,093,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of COF. Brighton Jones LLC lifted its position in shares of Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock worth $2,423,000 after purchasing an additional 10,428 shares in the last quarter. IFP Advisors Inc lifted its position in shares of Capital One Financial by 31.0% during the fourth quarter. IFP Advisors Inc now owns 2,403 shares of the financial services provider's stock worth $428,000 after purchasing an additional 569 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in shares of Capital One Financial by 1.3% during the fourth quarter. Oppenheimer & Co. Inc. now owns 21,507 shares of the financial services provider's stock worth $3,835,000 after purchasing an additional 282 shares in the last quarter. Flputnam Investment Management Co. lifted its position in shares of Capital One Financial by 0.8% during the fourth quarter. Flputnam Investment Management Co. now owns 14,718 shares of the financial services provider's stock worth $2,625,000 after purchasing an additional 111 shares in the last quarter. Finally, SVB Wealth LLC acquired a new position in shares of Capital One Financial during the fourth quarter worth $1,814,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on COF shares. Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their target price for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $183.00 to $210.00 and gave the stock a "neutral" rating in a research report on Thursday. Baird R W raised shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Citigroup reduced their target price on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a research report on Monday, March 24th. Finally, Evercore ISI raised shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target on the stock in a report on Wednesday, March 12th. Four investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Capital One Financial has an average rating of "Moderate Buy" and an average price target of $215.86.

Capital One Financial Stock Up 0.3%

COF stock opened at $211.17 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.98 and a quick ratio of 0.97. Capital One Financial Corporation has a 1-year low of $128.23 and a 1-year high of $212.82. The firm has a fifty day moving average price of $192.21 and a two-hundred day moving average price of $186.41. The firm has a market cap of $80.91 billion, a price-to-earnings ratio of 17.73, a PEG ratio of 0.93 and a beta of 1.13.

Capital One Financial (NYSE:COF - Get Free Report) last released its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, beating the consensus estimate of $3.75 by $0.31. Capital One Financial had a net margin of 9.65% and a return on equity of 9.63%. The firm had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. Research analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $2.40 annualized dividend and a yield of 1.14%. Capital One Financial's payout ratio is 20.15%.

Insider Buying and Selling at Capital One Financial

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

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.

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