Capital One Financial Corporation $COF Shares Sold by Raiffeisen Bank International AG

Raiffeisen Bank International AG decreased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 17.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,002 shares of the financial services provider’s stock after selling 2,676 shares during the period. Raiffeisen Bank International AG’s holdings in Capital One Financial were worth $2,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its position in shares of Capital One Financial by 18.1% during the fourth quarter. HighTower Advisors LLC now owns 353,767 shares of the financial services provider’s stock worth $85,739,000 after purchasing an additional 54,263 shares in the last quarter. Swiss Life Asset Management Ltd lifted its holdings in Capital One Financial by 11.2% in the 4th quarter. Swiss Life Asset Management Ltd now owns 115,843 shares of the financial services provider’s stock valued at $28,076,000 after purchasing an additional 11,651 shares in the last quarter. Sculptor Capital LP acquired a new stake in Capital One Financial during the 1st quarter worth $33,932,000. Nomura Asset Management Co. Ltd. boosted its stake in Capital One Financial by 2.9% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 223,977 shares of the financial services provider’s stock worth $54,283,000 after purchasing an additional 6,225 shares during the last quarter. Finally, Knights of Columbus Asset Advisors LLC grew its holdings in shares of Capital One Financial by 157.8% during the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 36,066 shares of the financial services provider’s stock worth $8,741,000 after buying an additional 22,074 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Down 0.5%

NYSE COF opened at $219.43 on Friday. Capital One Financial Corporation has a 52 week low of $174.24 and a 52 week high of $259.64. 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’s fifty day simple moving average is $211.80 and its 200-day simple moving average is $198.07. The firm has a market cap of $134.62 billion, a PE ratio of 13.58, a P/E/G ratio of 0.81 and a beta of 1.02.

Capital One Financial (NYSE:COFGet Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating the consensus estimate of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The firm had revenue of $15.83 billion for the quarter, compared to analysts’ expectations of $15.76 billion. During the same quarter in the previous year, the company posted $5.48 EPS. The company’s revenue was up 26.9% compared to the same quarter last year. As a group, equities analysts anticipate that Capital One Financial Corporation will post 20.29 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was 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 19.80%.

Analysts Set New Price Targets

COF has been the subject of a number of recent research reports. TD Cowen reduced their target price on shares of Capital One Financial from $260.00 to $253.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Barclays lowered their price target on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Bank of America dropped their price objective on shares of Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Citigroup decreased their target price on shares of Capital One Financial from $310.00 to $295.00 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 target price on Capital One Financial in a report on Thursday, August 20th. Twenty-one research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average target price of $258.91.

Get Our Latest Stock Report on COF

Insider Buying and Selling

In other news, insider Lia Dean sold 2,193 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $225.52, for a total transaction of $494,565.36. Following the completion of the sale, the insider owned 63,261 shares in the company, valued at $14,266,620.72. This trade represents a 3.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Zamsky sold 5,473 shares of Capital One Financial stock in a transaction that occurred 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 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 position. The SEC filing for this sale provides additional information. Insiders sold a total of 29,767 shares of company stock worth $6,366,998 over the last ninety days. 0.78% of the stock is currently owned by insiders.

Capital One Financial Profile

(Free Report)

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.

See Also

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

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