Vontobel Holding Ltd. Purchases 98,956 Shares of Capital One Financial Corporation $COF

Vontobel Holding Ltd. increased its stake in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 576.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,128 shares of the financial services provider's stock after buying an additional 98,956 shares during the quarter. Vontobel Holding Ltd.'s holdings in Capital One Financial were worth $24,707,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in COF. Brighton Jones LLC grew its position in Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock worth $2,423,000 after buying an additional 10,428 shares in the last quarter. Handelsbanken Fonder AB grew its position in Capital One Financial by 1.5% during the first quarter. Handelsbanken Fonder AB now owns 107,453 shares of the financial services provider's stock worth $19,266,000 after buying an additional 1,573 shares in the last quarter. Simon Quick Advisors LLC grew its position in Capital One Financial by 22.8% during the first quarter. Simon Quick Advisors LLC now owns 2,708 shares of the financial services provider's stock worth $486,000 after buying an additional 503 shares in the last quarter. Fifth Third Bancorp grew its position in Capital One Financial by 16.5% during the first quarter. Fifth Third Bancorp now owns 31,899 shares of the financial services provider's stock worth $5,719,000 after buying an additional 4,509 shares in the last quarter. Finally, Founders Grove Wealth Partners LLC acquired a new stake in Capital One Financial during the first quarter worth approximately $219,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of analyst reports. Evercore ISI increased their price target on Capital One Financial from $240.00 to $255.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 30th. Truist Financial raised their target price on Capital One Financial from $260.00 to $270.00 and gave the company a "buy" rating in a report on Friday, September 12th. Royal Bank Of Canada raised their target price on Capital One Financial from $240.00 to $255.00 and gave the company a "sector perform" rating in a report on Wednesday, July 23rd. Barclays raised their target price on Capital One Financial from $253.00 to $257.00 and gave the company an "overweight" rating in a report on Monday. Finally, UBS Group reduced their target price on Capital One Financial from $270.00 to $266.00 and set a "buy" rating on the stock in a report on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $250.44.

Insider Transactions at Capital One Financial

In related news, CAO Timothy P. Golden sold 207 shares of the firm's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the sale, the chief accounting officer owned 8,780 shares of the company's stock, valued at $1,891,299.80. This trade represents a 2.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Robert M. Alexander sold 10,114 shares of the firm's stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the sale, the insider directly owned 68,707 shares in the company, valued at approximately $15,655,577.02. This trade represents a 12.83% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,298 shares of company stock worth $5,103,824. Insiders own 1.26% of the company's stock.

Capital One Financial Trading Down 0.7%

NYSE COF opened at $210.50 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $232.45. The company has a market cap of $134.62 billion, a price-to-earnings ratio of 107.95, a price-to-earnings-growth ratio of 0.78 and a beta of 1.18. The business's fifty day moving average is $219.12 and its 200 day moving average is $201.98.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, beating the consensus estimate of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. During the same period last year, the business earned $3.14 EPS. The company's revenue was up 31.4% compared to the same quarter last year. As a group, sell-side analysts expect 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 Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. Capital One Financial's dividend payout ratio (DPR) is 123.08%.

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.

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