TKG Advisors LLC Increases Holdings in Capital One Financial Corporation (NYSE:COF)

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

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Capital One Financial by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 31,744,818 shares of the financial services provider's stock valued at $5,660,736,000 after buying an additional 234,863 shares during the period. Franklin Resources Inc. boosted its position in Capital One Financial by 3.2% during the 4th quarter. Franklin Resources Inc. now owns 10,718,860 shares of the financial services provider's stock valued at $1,911,387,000 after purchasing an additional 331,595 shares during the period. Geode Capital Management LLC grew its position in shares of Capital One Financial by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider's stock worth $1,467,393,000 after acquiring an additional 207,427 shares during the last quarter. FMR LLC increased its stake in shares of Capital One Financial by 21.6% in the fourth quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock valued at $1,440,449,000 after purchasing an additional 1,436,935 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of Capital One Financial by 21.8% during the fourth quarter. Northern Trust Corp now owns 4,433,401 shares of the financial services provider's stock valued at $790,564,000 after buying an additional 793,765 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Buying and Selling

In related news, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the completion of the sale, the director owned 56,244 shares of the company's stock, valued at approximately $11,175,682.80. This trade represents a 2.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the 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 transaction, the insider owned 20,089 shares of the company's stock, valued at $4,005,746.60. This represents a 32.24% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.26% of the company's stock.

Capital One Financial Stock Up 1.0%

Shares of Capital One Financial stock traded up $2.13 during trading hours on Thursday, reaching $220.94. The company's stock had a trading volume of 1,856,041 shares, compared to its average volume of 3,608,043. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 0.98. The stock's fifty day simple moving average is $194.89 and its two-hundred day simple moving average is $187.04. The company has a market capitalization of $84.65 billion, a P/E ratio of 18.55, a P/E/G ratio of 0.92 and a beta of 1.15. Capital One Financial Corporation has a one year low of $128.23 and a one year high of $221.88.

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

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.09%. The ex-dividend date was Friday, May 23rd. Capital One Financial's dividend payout ratio is presently 20.15%.

Analyst Ratings Changes

Several research analysts have recently issued reports on COF shares. Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective for the company in a report on Wednesday, March 12th. Robert W. Baird raised Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their price objective for the stock from $190.00 to $200.00 in a research note on Tuesday, March 11th. Barclays reaffirmed an "overweight" rating and set a $253.00 target price (up from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Truist Financial raised their price objective on shares of Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research report on Friday, April 25th. Finally, Wells Fargo & Company boosted their target price on shares of Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a report on Thursday, April 24th. Four research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price 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.