Capital One Financial Corporation $COF Shares Bought by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. increased its stake in Capital One Financial by 69.4%, acquiring 97,963 shares during the second quarter, now holding a total of 239,063 shares valued at approximately $50.86 million.
• Several institutional investors have also recently modified their positions in Capital One, with ownership by institutional investors now standing at 89.84% of the company.
• Capital One Financial's stock has seen upgrades from multiple analysts, with a consensus rating of "Moderate Buy" and a target price of around $239.44.

Mn Services Vermogensbeheer B.V. boosted its position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 69.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 239,063 shares of the financial services provider's stock after buying an additional 97,963 shares during the period. Mn Services Vermogensbeheer B.V. owned 0.06% of Capital One Financial worth $50,863,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. TFB Advisors LLC boosted its holdings in shares of Capital One Financial by 3.4% during the 1st quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider's stock worth $276,000 after purchasing an additional 51 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its holdings in shares of Capital One Financial by 0.9% during the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider's stock worth $1,097,000 after purchasing an additional 53 shares during the last quarter. Opal Wealth Advisors LLC boosted its holdings in shares of Capital One Financial by 3.1% during the 1st quarter. Opal Wealth Advisors LLC now owns 2,155 shares of the financial services provider's stock worth $386,000 after purchasing an additional 64 shares during the last quarter. MAI Capital Management boosted its holdings in shares of Capital One Financial by 0.7% during the 1st quarter. MAI Capital Management now owns 8,622 shares of the financial services provider's stock worth $1,546,000 after purchasing an additional 64 shares during the last quarter. Finally, Y.D. More Investments Ltd boosted its holdings in shares of Capital One Financial by 13.9% during the 1st quarter. Y.D. More Investments Ltd now owns 540 shares of the financial services provider's stock worth $97,000 after purchasing an additional 66 shares during the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Down 0.7%

NYSE:COF traded down $1.61 during trading hours on Friday, hitting $228.13. The company's stock had a trading volume of 4,825,233 shares, compared to its average volume of 2,808,706. The stock has a market capitalization of $145.89 billion, a P/E ratio of 116.99, a price-to-earnings-growth ratio of 0.88 and a beta of 1.17. The stock has a fifty day moving average of $218.68 and a 200-day moving average of $197.59. 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 Corporation has a 52-week low of $143.22 and a 52-week high of $232.45.

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

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial's dividend payout ratio is 123.08%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Robert M. Alexander sold 10,114 shares of the company's stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the completion of the transaction, the insider owned 68,707 shares in the company, valued at $15,655,577.02. This represents a 12.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of the company's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of the transaction, the insider owned 27,364 shares of the company's stock, valued at $5,735,220.76. This represents a 16.77% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,298 shares of company stock worth $4,679,844. Insiders own 1.26% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on COF shares. JPMorgan Chase & Co. boosted their target price on Capital One Financial from $245.00 to $248.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Wells Fargo & Company upped their price objective on Capital One Financial from $225.00 to $265.00 and gave the company an "overweight" rating in a report on Friday, July 25th. Royal Bank Of Canada upped their price objective on Capital One Financial from $240.00 to $255.00 and gave the company a "sector perform" rating in a report on Wednesday, July 23rd. Redburn Atlantic upgraded Capital One Financial to a "strong-buy" rating in a report on Friday, August 1st. Finally, Keefe, Bruyette & Woods upped their price objective on Capital One Financial from $248.00 to $260.00 and gave the company an "outperform" rating in a report on Wednesday, July 23rd. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently 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.