MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of Capital One Financial Corporation (NYSE:COF - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,781 shares of the financial services provider's stock, valued at approximately $1,160,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Evolution Wealth Management Inc. increased its holdings in shares of Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider's stock worth $26,000 after buying an additional 90 shares during the last quarter. Solstein Capital LLC bought a new position in shares of Capital One Financial in the 2nd quarter valued at about $26,000. VSM Wealth Advisory LLC bought a new position in shares of Capital One Financial in the 4th quarter valued at about $27,000. Cherry Tree Wealth Management LLC grew its position in Capital One Financial by 1,312.5% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider's stock worth $27,000 after acquiring an additional 105 shares in the last quarter. Finally, Ballast Advisors LLC purchased a new position in Capital One Financial in the first quarter worth about $27,000. 89.84% of the stock is owned by hedge funds and other institutional investors.
Capital One Financial Stock Down 0.1%
Shares of NYSE COF opened at $216.91 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market cap of $133.07 billion, a P/E ratio of 13.42, a PEG ratio of 0.80 and a beta of 1.02. Capital One Financial Corporation has a 1 year low of $174.24 and a 1 year high of $259.64. The firm has a 50-day simple moving average of $210.04 and a two-hundred day simple moving average of $197.87.
Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.79 by $1.02. The business had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The company's revenue for the quarter was up 26.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.48 earnings per share. Research analysts anticipate that Capital One Financial Corporation will post 20.29 earnings per share for the current year.
Capital One Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 17th. Capital One Financial's dividend payout ratio (DPR) is currently 19.80%.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Capital One Financial in a research note on Thursday, August 20th. JPMorgan Chase & Co. boosted their target price on Capital One Financial from $215.00 to $245.00 and gave the company an "overweight" rating in a research report on Monday, July 13th. Weiss Ratings upgraded Capital One Financial from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, August 13th. Bank of America decreased their price target on Capital One Financial from $234.00 to $231.00 and set a "buy" rating on the stock in a report on Thursday, July 9th. Finally, UBS Group lifted their price objective on shares of Capital One Financial from $275.00 to $280.00 and gave the stock a "buy" rating in a research note on Monday, August 3rd. Twenty-one equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $258.91.
Read Our Latest Stock Report on Capital One Financial
Insider Activity at Capital One Financial
In other Capital One Financial news, insider Ravi Raghu sold 9,726 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $209.78, for a total value of $2,040,320.28. Following the sale, the insider owned 26,328 shares in the company, valued at $5,523,087.84. This trade represents a 26.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $208.00, for a total value of $728,000.00. Following the sale, the general counsel owned 90,194 shares of the company's stock, valued at approximately $18,760,352. This trade represents a 3.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 26,267 shares of company stock worth $5,617,648 over the last quarter. 0.78% of the stock is owned by insiders.
Capital One Financial Profile
(
Free Report)
Capital One Financial Corporation NYSE: COF is a diversified bank holding company headquartered in McLean, Virginia. The company's core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.
Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.
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