Capital One Financial Corporation (NYSE:COF) Position Increased by TKG Advisors LLC

TKG Advisors LLC raised its position in Capital One Financial Corporation (NYSE:COF - Free Report) by 5.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,939 shares of the financial services provider's stock after purchasing an additional 1,334 shares during the period. Capital One Financial comprises about 2.5% of TKG Advisors LLC's investment portfolio, making the stock its 13th largest position. TKG Advisors LLC's holdings in Capital One Financial were worth $5,009,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in COF. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Capital One Financial by 18.6% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,882 shares of the financial services provider's stock valued at $10,010,000 after acquiring an additional 9,374 shares during the last quarter. Creative Financial Designs Inc. ADV increased its stake in shares of Capital One Financial by 105.3% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 768 shares of the financial services provider's stock valued at $138,000 after acquiring an additional 394 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ acquired a new position in shares of Capital One Financial during the 4th quarter valued at about $91,780,000. Janney Montgomery Scott LLC increased its stake in shares of Capital One Financial by 9.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 98,617 shares of the financial services provider's stock valued at $17,682,000 after acquiring an additional 8,651 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Capital One Financial by 7.1% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 49,459 shares of the financial services provider's stock valued at $8,868,000 after acquiring an additional 3,285 shares during the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Up 1.0%

NYSE:COF traded up $2.13 during trading hours on Friday, hitting $220.94. The stock had a trading volume of 1,856,041 shares, compared to its average volume of 3,612,000. Capital One Financial Corporation has a 1-year low of $128.23 and a 1-year high of $221.95. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.65. The company has a market cap of $84.65 billion, a PE ratio of 18.55, a price-to-earnings-growth ratio of 0.93 and a beta of 1.15. The business has a 50 day simple moving average of $196.37 and a two-hundred day simple moving average of $187.74.

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 earnings per share for the quarter, topping analysts' consensus estimates of $3.75 by $0.31. Capital One Financial had a net margin of 9.65% and a return on equity of 9.63%. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date was Friday, May 23rd. Capital One Financial's payout ratio is currently 20.15%.

Insider Buying and Selling

In other news, insider Michael Zamsky sold 9,560 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The shares were 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 owned 20,089 shares of the company's stock, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the sale, the director directly owned 56,244 shares of the company's stock, valued at $11,175,682.80. The trade was a 2.86% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently issued reports on COF shares. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $183.00 to $210.00 and gave the stock a "neutral" rating in a research report on Thursday, June 26th. Truist Financial increased their target price on shares of Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a research report on Friday, April 25th. Bank of America increased their target price on shares of Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a research report on Wednesday, May 21st. Evercore ISI raised shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price for the company in a research report on Wednesday, March 12th. Finally, Wells Fargo & Company increased their target price on shares of Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a research report on Thursday, April 24th. Four investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $215.86.

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.