Raiffeisen Bank International AG Acquires New Position in Capital One Financial Co. (NYSE:COF)

Raiffeisen Bank International AG acquired a new stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,976 shares of the financial services provider's stock, valued at approximately $707,000.

Other hedge funds have also recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. lifted its position in Capital One Financial by 146.7% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 10,169 shares of the financial services provider's stock valued at $1,813,000 after acquiring an additional 6,047 shares during the period. Point72 Europe London LLP bought a new position in shares of Capital One Financial during the fourth quarter valued at approximately $4,012,000. Point72 Hong Kong Ltd bought a new position in shares of Capital One Financial during the fourth quarter valued at approximately $2,535,000. PointState Capital LP purchased a new position in shares of Capital One Financial during the fourth quarter valued at approximately $139,997,000. Finally, Prana Capital Management LP bought a new stake in shares of Capital One Financial in the 4th quarter worth approximately $22,000,000. Institutional investors own 89.84% of the company's stock.

Capital One Financial Price Performance

COF stock traded down $8.84 during trading on Wednesday, hitting $187.11. 5,912,501 shares of the company's stock traded hands, compared to its average volume of 3,401,944. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The stock has a market capitalization of $71.69 billion, a price-to-earnings ratio of 16.14, a P/E/G ratio of 1.19 and a beta of 1.13. The business has a fifty day simple moving average of $176.82 and a 200 day simple moving average of $184.25. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results 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. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. As a group, research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.28%. The ex-dividend date is Friday, May 23rd. Capital One Financial's dividend payout ratio is currently 20.15%.

Insider Activity at Capital One Financial

In related news, Director Ann F. Hackett sold 1,658 shares of the stock in a transaction dated 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 now directly owns 56,244 shares of the company's stock, valued at $11,175,682.80. This represents a 2.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the firm's stock in a transaction dated 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 now directly owns 20,089 shares of the company's stock, valued at approximately $4,005,746.60. The trade was a 32.24% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by insiders.

Analyst Ratings Changes

COF has been the topic of several recent analyst reports. Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and increased their price objective for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Bank of America boosted their target price on shares of Capital One Financial from $223.00 to $233.00 and gave the company a "buy" rating in a research report on Wednesday. BTIG Research upgraded Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price on the stock in a research report on Tuesday, March 25th. JPMorgan Chase & Co. reduced their price target on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. Finally, Citigroup decreased their price objective on shares of 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. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $207.60.

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.