Free Trial

Vectors Research Management LLC Buys 1,344 Shares of Capital One Financial Corporation (NYSE:COF)

Capital One Financial logo with Finance background

Vectors Research Management LLC increased its holdings in Capital One Financial Corporation (NYSE:COF - Free Report) by 13.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,451 shares of the financial services provider's stock after purchasing an additional 1,344 shares during the quarter. Vectors Research Management LLC's holdings in Capital One Financial were worth $2,053,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Lansforsakringar Fondforvaltning AB publ bought a new stake in shares of Capital One Financial in the 4th quarter worth approximately $91,780,000. Janney Montgomery Scott LLC lifted its stake in Capital One Financial by 9.6% in the first quarter. Janney Montgomery Scott LLC now owns 98,617 shares of the financial services provider's stock worth $17,682,000 after acquiring an additional 8,651 shares during the period. Geode Capital Management LLC boosted its holdings in Capital One Financial by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider's stock valued at $1,467,393,000 after acquiring an additional 207,427 shares in the last quarter. Westbourne Investments Inc. purchased a new position in Capital One Financial during the 4th quarter valued at $410,000. Finally, Lone Pine Capital LLC bought a new position in Capital One Financial in the 4th quarter worth $577,012,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

Analysts Set New Price Targets

COF has been the topic of a number of research reports. Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and lifted their target price for the company from $190.00 to $200.00 in a research note on Tuesday, March 11th. Wells Fargo & Company upped their target price on Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a report on Thursday, April 24th. Citigroup lowered their target price on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Truist Financial upped their price target on Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a research note on Friday, April 25th. Finally, Royal Bank Of Canada set a $190.00 price objective on Capital One Financial and gave the stock a "sector perform" rating in a report on Monday, April 14th. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $213.00.

Read Our Latest Stock Report on Capital One Financial

Capital One Financial Stock Up 0.9%

COF stock traded up $1.80 during trading on Wednesday, hitting $208.16. 3,037,923 shares of the stock traded hands, compared to its average volume of 3,574,656. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.98 and a quick ratio of 0.97. The stock has a market cap of $79.76 billion, a price-to-earnings ratio of 17.48, a price-to-earnings-growth ratio of 0.94 and a beta of 1.13. Capital One Financial Corporation has a 1 year low of $128.23 and a 1 year high of $210.67. The firm's 50 day moving average is $189.31 and its two-hundred day moving average is $185.89.

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

Capital One Financial Announces Dividend

The firm 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 annualized dividend and a dividend yield of 1.15%. The ex-dividend date was Friday, May 23rd. Capital One Financial's payout ratio is currently 20.15%.

Insider Buying and Selling at Capital One Financial

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

About Capital One Financial

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

Should You Invest $1,000 in Capital One Financial Right Now?

Before you consider Capital One Financial, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Capital One Financial wasn't on the list.

While Capital One Financial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Next Palantir? AI-Defense Stock Set for Explosive Growth
2 Chip Stocks Are Soaring—But One Could Break Out This Summer
Congress Bought This Stock at the Bottom—Will You Miss It?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines