Whittier Trust Co. of Nevada Inc. Boosts Holdings in Capital One Financial Corporation (NYSE:COF)

Whittier Trust Co. of Nevada Inc. increased its position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 5,215.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,122 shares of the financial services provider's stock after acquiring an additional 38,386 shares during the period. Whittier Trust Co. of Nevada Inc.'s holdings in Capital One Financial were worth $7,014,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Whittier Trust Co. raised its position in Capital One Financial by 2,047.9% in the first quarter. Whittier Trust Co. now owns 81,685 shares of the financial services provider's stock valued at $14,646,000 after purchasing an additional 77,882 shares during the last quarter. SBI Securities Co. Ltd. grew its holdings in Capital One Financial by 433.9% during the 1st quarter. SBI Securities Co. Ltd. now owns 945 shares of the financial services provider's stock worth $169,000 after acquiring an additional 768 shares during the last quarter. Apollon Wealth Management LLC increased its position in Capital One Financial by 9.5% in the 1st quarter. Apollon Wealth Management LLC now owns 7,778 shares of the financial services provider's stock valued at $1,395,000 after acquiring an additional 677 shares during the period. Bogart Wealth LLC raised its stake 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 acquiring an additional 243 shares during the last quarter. Finally, Catalyst Financial Partners LLC lifted its holdings in shares of Capital One Financial by 6.5% during the first quarter. Catalyst Financial Partners LLC now owns 1,521 shares of the financial services provider's stock worth $273,000 after purchasing an additional 93 shares during the period. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Performance

Shares of COF stock traded up $1.35 on Thursday, hitting $217.97. 3,584,304 shares of the stock were exchanged, compared to its average volume of 3,624,688. The firm's 50 day moving average is $201.81 and its two-hundred day moving average is $189.72. Capital One Financial Corporation has a one year low of $128.23 and a one year high of $221.95. The firm has a market capitalization of $83.51 billion, a PE ratio of 18.30, a P/E/G ratio of 0.90 and a beta of 1.15. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.65.

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

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $2.40 annualized dividend and a dividend yield of 1.10%. Capital One Financial's payout ratio is currently 20.15%.

Insiders Place Their Bets

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

Analysts Set New Price Targets

COF has been the subject of several analyst reports. Citigroup lowered their target price on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research report on Monday, March 24th. BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price for the company in a research report on Tuesday, March 25th. TD Cowen upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating and raised their price target for the stock from $184.00 to $258.00 in a report on Tuesday, July 8th. Truist Financial upped their price objective on shares of Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research note on Friday, April 25th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $210.00 to $245.00 and gave the stock a "neutral" rating in a research note on Friday, July 11th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $222.07.

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.