Diversified Trust Co Acquires 1,720 Shares of Capital One Financial Corporation $COF

Key Points

• Diversified Trust Co increased its stake in Capital One Financial Corporation by 10.9%, acquiring an additional 1,720 shares, bringing its total holdings to 17,456 shares valued at approximately $3.71 million.
• Institutional investors own 89.84% of Capital One's stock, with notable increases in holdings from firms like Kingstone Capital Partners and Vanguard Group.
• Several analysts have raised their price targets for Capital One Financial, with estimates ranging from $240 to $275, reflecting a consensus target price of $239.44 among analysts.

Diversified Trust Co grew its holdings in Capital One Financial Corporation (NYSE:COF) by 10.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,456 shares of the financial services provider's stock after purchasing an additional 1,720 shares during the period. Diversified Trust Co's holdings in Capital One Financial were worth $3,714,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Kingstone Capital Partners Texas LLC increased its holdings in shares of Capital One Financial by 588,668.3% in the 2nd 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 purchasing an additional 117,427,549 shares in the last quarter. Vanguard Group Inc. increased 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 purchasing an additional 506,105 shares in the last quarter. Bank of New York Mellon Corp increased 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 purchasing an additional 950,415 shares in the last quarter. Goldman Sachs Group Inc. increased 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 purchasing an additional 734,939 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased 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 purchasing an additional 1,454,595 shares in the last quarter. Institutional investors own 89.84% of the company's stock.

Insider Buying and Selling

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $223.40, for a total transaction of $446,800.00. Following the sale, the general counsel directly owned 100,486 shares in the company, valued at $22,448,572.40. This represents a 1.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Timothy P. Golden sold 207 shares of the company's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total value of $44,589.87. Following the sale, the chief accounting officer owned 8,780 shares in the company, valued at approximately $1,891,299.80. This trade represents a 2.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,298 shares of company stock valued at $4,679,844. 1.26% of the stock is currently owned by company insiders.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $228.13 on Friday. The stock has a 50 day moving average of $218.68 and a 200 day moving average of $197.67. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $232.45. The firm has a market cap of $145.89 billion, a PE ratio of 116.99, a PEG ratio of 0.88 and a beta of 1.17. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, beating analysts' consensus estimates of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. During the same period in the previous year, the company posted $3.14 earnings per share. Capital One Financial's quarterly revenue was up 31.4% on a year-over-year basis. On average, research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed 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. The ex-dividend date was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. Capital One Financial's dividend payout ratio is 123.08%.

Analysts Set New Price Targets

Several analysts recently commented on COF shares. Royal Bank Of Canada lifted their price objective on Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 23rd. Truist Financial lifted their price objective on Capital One Financial from $260.00 to $270.00 and gave the stock a "buy" rating in a report on Friday, September 12th. Citigroup lifted their price objective on Capital One Financial from $250.00 to $275.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Keefe, Bruyette & Woods lifted their price objective on Capital One Financial from $248.00 to $260.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $245.00 to $248.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $239.44.

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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