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Commerzbank Aktiengesellschaft FI Grows Stock Holdings in Capital One Financial Corporation (NYSE:COF)

Capital One Financial logo with Finance background

Commerzbank Aktiengesellschaft FI grew its stake in Capital One Financial Corporation (NYSE:COF - Free Report) by 54.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,476 shares of the financial services provider's stock after buying an additional 1,227 shares during the period. Commerzbank Aktiengesellschaft FI's holdings in Capital One Financial were worth $624,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in COF. Beacon Capital Management LLC increased its stake in shares of Capital One Financial by 118.3% in the first quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock valued at $32,000 after buying an additional 97 shares during the period. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Capital One Financial in the fourth quarter valued at about $41,000. Bogart Wealth LLC increased its stake in shares of Capital One Financial by 1,518.8% in the first quarter. Bogart Wealth LLC now owns 259 shares of the financial services provider's stock valued at $46,000 after buying an additional 243 shares during the period. Rossby Financial LCC acquired a new stake in shares of Capital One Financial in the first quarter valued at about $48,000. Finally, Bernard Wealth Management Corp. acquired a new stake in shares of Capital One Financial in the first quarter valued at about $54,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Buying and Selling

In related news, insider Michael Zamsky sold 9,560 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the completion of the sale, the insider directly owned 20,089 shares of the company's stock, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ann F. Hackett sold 1,658 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were 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 $11,175,682.80. The trade was a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.26% of the company's stock.

Capital One Financial Stock Up 0.1%

Shares of Capital One Financial stock traded up $0.26 on Friday, hitting $218.26. The company had a trading volume of 3,106,854 shares, compared to its average volume of 3,628,157. The stock has a market capitalization of $83.62 billion, a price-to-earnings ratio of 18.33, a P/E/G ratio of 0.91 and a beta of 1.15. Capital One Financial Corporation has a 1 year low of $128.23 and a 1 year high of $221.95. The stock has a 50 day moving average of $202.98 and a 200-day moving average of $190.35. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 0.98.

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

Capital One Financial Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Citigroup cut their target price on 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. Barclays restated an "overweight" rating and set a $253.00 target price (up previously from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. JPMorgan Chase & Co. upped their target price on Capital One Financial from $210.00 to $245.00 and gave the company a "neutral" rating in a research report on Friday, July 11th. Wells Fargo & Company upped their target price on Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a research report on Thursday, April 24th. Finally, TD Cowen upgraded Capital One Financial from a "hold" rating to a "buy" rating and upped their target price for the company from $184.00 to $258.00 in a research report on Tuesday, July 8th. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $222.07.

Read Our Latest Report on COF

Capital One Financial Profile

(Free Report)

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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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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