Czech National Bank increased its stake in Capital One Financial Corporation (NYSE:COF) by 4.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 177,128 shares of the financial services provider’s stock after purchasing an additional 6,885 shares during the quarter. Czech National Bank’s holdings in Capital One Financial were worth $35,535,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of COF. Brighton Jones LLC raised its stake in shares of Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after buying an additional 10,428 shares during the period. Intech Investment Management LLC increased its holdings in Capital One Financial by 44.3% in the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after acquiring an additional 2,753 shares during the last quarter. Sivia Capital Partners LLC raised its stake in Capital One Financial by 118.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock valued at $702,000 after acquiring an additional 1,788 shares during the period. Flow Traders U.S. LLC purchased a new stake in Capital One Financial during the second quarter valued at about $218,000. Finally, Jump Financial LLC bought a new position in Capital One Financial during the second quarter worth about $1,086,000. 89.84% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other Capital One Financial news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $208.00, for a total value of $728,000.00. Following the completion of the sale, the general counsel owned 90,194 shares of the company’s stock, valued at $18,760,352. This represents a 3.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Timothy P. Golden sold 3,487 shares of the stock in a transaction that occurred 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 transaction, the chief accounting officer 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 20,213 shares of company stock valued at $4,147,832 over the last quarter. 0.78% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on Capital One Financial
Capital One Financial Trading Down 0.8%
NYSE COF opened at $219.81 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. The stock’s 50-day simple moving average is $200.33 and its two-hundred day simple moving average is $198.36. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64. The company has a market capitalization of $134.85 billion, a price-to-earnings ratio of 13.60, a PEG ratio of 0.82 and a beta of 1.02.
Capital One Financial (NYSE:COF – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.79 by $1.02. The firm had revenue of $15.83 billion during the quarter, compared to analysts’ expectations of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The company’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same period in the prior year, the business earned $5.48 EPS. Research analysts forecast that Capital One Financial Corporation will post 20.19 EPS for the current fiscal year.
Capital One Financial Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be given a $0.80 dividend. The ex-dividend date is Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. Capital One Financial’s payout ratio is presently 19.80%.
About Capital One Financial
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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