Capital One Financial Corporation (NYSE:COF) Shares Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas lifted its position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 226.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,430 shares of the financial services provider's stock after acquiring an additional 50,907 shares during the quarter. Teacher Retirement System of Texas' holdings in Capital One Financial were worth $13,166,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of COF. Brighton Jones LLC boosted its stake in shares of Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock worth $2,423,000 after acquiring an additional 10,428 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Capital One Financial during the 4th quarter worth approximately $32,000. Steward Partners Investment Advisory LLC boosted its stake in shares of Capital One Financial by 15.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 22,152 shares of the financial services provider's stock worth $3,950,000 after acquiring an additional 2,943 shares in the last quarter. Keybank National Association OH boosted its stake in shares of Capital One Financial by 2.0% during the 4th quarter. Keybank National Association OH now owns 4,873 shares of the financial services provider's stock worth $869,000 after acquiring an additional 94 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in shares of Capital One Financial by 53.4% during the 4th quarter. Assetmark Inc. now owns 63,819 shares of the financial services provider's stock worth $11,380,000 after acquiring an additional 22,203 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on COF. Royal Bank Of Canada set a $190.00 target price on Capital One Financial and gave the company a "sector perform" rating in a research note on Monday, April 14th. Evercore ISI raised Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price on the stock in a research note on Wednesday, March 12th. Barclays reaffirmed an "overweight" rating and issued a $253.00 target price (up previously from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Bank of America upped their target price on Capital One Financial from $223.00 to $233.00 and gave the company a "buy" rating in a research note on Wednesday, May 21st. Finally, Citigroup reduced their target price on Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a research note on Monday, March 24th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $218.67.

Capital One Financial Trading Down 0.2%

Shares of Capital One Financial stock traded down $0.48 during trading hours on Tuesday, reaching $217.65. 2,987,935 shares of the company's stock were exchanged, compared to its average volume of 3,611,285. Capital One Financial Corporation has a 52-week low of $128.23 and a 52-week high of $221.95. The firm has a market capitalization of $83.39 billion, a price-to-earnings ratio of 18.27, a price-to-earnings-growth ratio of 0.92 and a beta of 1.15. The company has a fifty day moving average of $197.76 and a 200-day moving average of $188.22. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.65.

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

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were issued a dividend of $0.60 per share. The ex-dividend date was Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.10%. Capital One Financial's payout ratio is 20.15%.

Insiders Place Their Bets

In other news, insider Michael Zamsky sold 9,560 shares of the company's stock in a transaction 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 in the company, valued at $4,005,746.60. This represents a 32.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Ann F. Hackett sold 1,658 shares of the company's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the sale, the director owned 56,244 shares of the company's stock, valued at approximately $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. Corporate insiders own 1.26% of the company's stock.

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.