Vontobel Holding Ltd. Boosts Holdings in Capital One Financial Corporation $COF

Key Points

• Vontobel Holding increased its Capital One Financial stake by 7.4% in the second quarter, bringing its holdings to 124,723 shares valued at approximately $25.0 million. Institutional investors collectively own 89.84% of COF.
• Analysts maintain a favorable view of the stock, with 21 Buy ratings and three Holds producing a “Moderate Buy” consensus and an average price target of $259.36.
• Capital One reported quarterly earnings of $5.81 per share, exceeding estimates by $1.02, while revenue rose 26.9% year over year to $15.83 billion. The company also declared a quarterly dividend of $0.80 per share, representing a 1.4% yield.

Vontobel Holding Ltd. raised its position in Capital One Financial Corporation (NYSE:COF) by 7.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 124,723 shares of the financial services provider's stock after acquiring an additional 8,623 shares during the period. Vontobel Holding Ltd.'s holdings in Capital One Financial were worth $25,022,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. First Command Advisory Services Inc. lifted its holdings in shares of Capital One Financial by 4.5% during the 4th quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider's stock valued at $259,000 after purchasing an additional 46 shares during the last quarter. Dogwood Wealth Management LLC grew its stake in Capital One Financial by 26.0% during the 4th quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider's stock worth $55,000 after buying an additional 47 shares during the last quarter. High Note Wealth LLC increased its position in Capital One Financial by 44.9% during the 4th quarter. High Note Wealth LLC now owns 155 shares of the financial services provider's stock valued at $38,000 after buying an additional 48 shares in the last quarter. Fiducient Advisors LLC increased its position in Capital One Financial by 4.2% during the 4th quarter. Fiducient Advisors LLC now owns 1,196 shares of the financial services provider's stock valued at $290,000 after buying an additional 48 shares in the last quarter. Finally, Nicholas Hoffman & Company LLC. raised its stake in Capital One Financial by 5.0% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 1,057 shares of the financial services provider's stock valued at $256,000 after buying an additional 50 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on COF shares. BTIG Research raised their price target on Capital One Financial from $224.00 to $259.00 and gave the stock a "buy" rating in a report on Tuesday, June 30th. JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $215.00 to $245.00 and gave the company an "overweight" rating in a report on Monday, July 13th. Citigroup decreased their price objective on shares of Capital One Financial from $310.00 to $295.00 and set a "buy" rating for the company in a research report on Tuesday, July 28th. UBS Group lifted their target price on shares of Capital One Financial from $275.00 to $280.00 and gave the stock a "buy" rating in a research note on Monday, August 3rd. Finally, TD Cowen dropped their target price on shares of Capital One Financial from $260.00 to $253.00 and set a "buy" rating on the stock in a research report on Tuesday, July 7th. Twenty-one equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Capital One Financial currently has an average rating of "Moderate Buy" and an average target price of $259.36.

Capital One Financial Trading Up 1.5%

Shares of NYSE:COF opened at $227.19 on Friday. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64. The stock has a market cap of $139.38 billion, a price-to-earnings ratio of 14.06, a PEG ratio of 0.82 and a beta of 1.02. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. The business has a 50-day moving average price of $204.93 and a 200-day moving average price of $198.21.

Capital One Financial (NYSE:COF - Get Free Report) last released its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping analysts' consensus estimates of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The firm had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. During the same quarter in the previous year, the company posted $5.48 earnings per share. The company's revenue was up 26.9% compared to the same quarter last year. Equities analysts predict that Capital One Financial Corporation will post 20.19 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be issued a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, August 17th. Capital One Financial's dividend payout ratio is 19.80%.

Insider Buying and Selling at Capital One Financial

In related news, CAO Timothy P. Golden sold 3,487 shares of the business's stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $211.00, for a total transaction of $735,757.00. Following the completion of the transaction, the chief accounting officer directly owned 7,429 shares in the company, valued at $1,567,519. The trade was a 31.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Michael Zamsky sold 5,473 shares of the company's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $218.02, for a total transaction of $1,193,223.46. Following the completion of the sale, the insider directly owned 27,992 shares in the company, valued at approximately $6,102,815.84. The trade was a 16.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 22,186 shares of company stock worth $4,697,301 over the last ninety days. 0.78% of the stock is owned by insiders.

Capital One Financial Profile

Capital One Financial Corporation NYSE: COF is a diversified bank holding company headquartered in McLean, Virginia. The company's core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.

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