XTX Topco Ltd Buys 6,591 Shares of Capital One Financial Corporation (NYSE:COF)

Key Points

• XTX Topco Ltd increased its stake in Capital One Financial Corporation by 84.2% during the first quarter, bringing its total investment to approximately $2.59 million.
• Capital One Financial reported $5.48 earnings per share, significantly exceeding analysts' expectations of $1.93, alongside a revenue of $12.49 billion for the last quarter.
• The company declared a quarterly dividend of $0.60 per share, representing a 1.12% yield, with a current dividend payout ratio of 123.08%.

XTX Topco Ltd raised its position in Capital One Financial Corporation (NYSE:COF - Free Report) by 84.2% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 14,419 shares of the financial services provider's stock after acquiring an additional 6,591 shares during the period. XTX Topco Ltd's holdings in Capital One Financial were worth $2,585,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in COF. Quadrant Capital Group LLC lifted its holdings in shares of Capital One Financial by 1.0% in the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock valued at $936,000 after purchasing an additional 54 shares in the last quarter. Opal Wealth Advisors LLC grew its position in Capital One Financial by 3.1% in the first quarter. Opal Wealth Advisors LLC now owns 2,155 shares of the financial services provider's stock worth $386,000 after acquiring an additional 64 shares in the last quarter. Aspiriant LLC boosted its position in shares of Capital One Financial by 2.4% during the first quarter. Aspiriant LLC now owns 2,911 shares of the financial services provider's stock valued at $522,000 after buying an additional 67 shares during the period. Citizens National Bank Trust Department raised its stake in shares of Capital One Financial by 25.7% during the first quarter. Citizens National Bank Trust Department now owns 328 shares of the financial services provider's stock valued at $59,000 after acquiring an additional 67 shares in the last quarter. Finally, CVA Family Office LLC raised its stake in Capital One Financial by 5.9% in the first quarter. CVA Family Office LLC now owns 1,446 shares of the financial services provider's stock worth $259,000 after buying an additional 80 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently commented on COF shares. Barclays reiterated an "overweight" rating and set a $253.00 price objective (up previously from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Bank of America increased their price target on shares of Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a report on Wednesday, May 21st. Royal Bank Of Canada increased their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the company a "sector perform" rating in a report on Wednesday, July 23rd. Wells Fargo & Company raised their target price on shares of Capital One Financial from $225.00 to $265.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Finally, Citigroup lifted their target price on shares of Capital One Financial from $250.00 to $275.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $235.40.

Insider Buying and Selling

In other Capital One Financial 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 transaction of $329,444.60. Following the completion of the transaction, the director 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Robert M. Alexander sold 10,114 shares of the business's stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total value of $2,304,576.04. Following the transaction, the insider directly owned 68,707 shares of the company's stock, valued at $15,655,577.02. The trade was a 12.83% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,332 shares of company stock worth $4,540,285 in the last ninety days. Corporate insiders own 1.26% of the company's stock.

Capital One Financial Stock Down 0.1%

Capital One Financial stock traded down $0.21 during trading hours on Thursday, hitting $215.02. The company had a trading volume of 4,298,724 shares, compared to its average volume of 3,697,219. The firm has a market capitalization of $82.38 billion, a P/E ratio of 110.27, a price-to-earnings-growth ratio of 0.85 and a beta of 1.15. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. The firm's fifty day moving average is $206.46 and its 200-day moving average is $192.45. Capital One Financial Corporation has a fifty-two week low of $128.23 and a fifty-two week high of $232.45.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. Capital One Financial's quarterly revenue was up 31.4% on a year-over-year basis. During the same period in the prior year, the company posted $3.14 earnings per share. On average, research analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, August 15th. Capital One Financial's dividend payout ratio (DPR) is currently 123.08%.

About Capital One Financial

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.