Commerzbank Aktiengesellschaft FI Buys 1,991 Shares of Capital One Financial Corporation $COF

Commerzbank Aktiengesellschaft FI grew its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 57.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,467 shares of the financial services provider’s stock after acquiring an additional 1,991 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Capital One Financial were worth $1,164,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. WPG Advisers LLC bought a new stake in shares of Capital One Financial during the 1st quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC boosted its position in shares of Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 62 shares during the last quarter. Olistico Wealth LLC boosted its position in shares of Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 101 shares during the last quarter. Saudi Central Bank purchased a new position in shares of Capital One Financial during the 1st quarter valued at about $27,000. Finally, RMG Wealth Management LLC purchased a new position in shares of Capital One Financial during the 2nd quarter valued at about $27,000. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling

In other Capital One Financial news, CAO Timothy P. Golden sold 207 shares of the company’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total value of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares in the company, valued at $1,891,299.80. This represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of the company’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $209.59, for a total value of $1,155,888.85. Following the completion of the sale, the insider owned 27,364 shares of the company’s stock, valued at approximately $5,735,220.76. The trade was a 16.77% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 23,298 shares of company stock worth $5,103,824. Corporate insiders own 1.26% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on Capital One Financial from $215.00 to $224.00 and gave the stock a “hold” rating in a research note on Thursday, October 2nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Capital One Financial in a research note on Wednesday. HSBC set a $218.00 target price on Capital One Financial and gave the company a “hold” rating in a research note on Friday. Keefe, Bruyette & Woods boosted their target price on Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Finally, Barclays boosted their target price on Capital One Financial from $253.00 to $257.00 and gave the company an “overweight” rating in a research note on Monday. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $252.78.

Capital One Financial Stock Down 4.0%

COF stock opened at $202.37 on Friday. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45. The business has a fifty day moving average price of $219.02 and a 200-day moving average price of $202.11. 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 stock has a market capitalization of $129.42 billion, a P/E ratio of 103.78, a P/E/G ratio of 0.77 and a beta of 1.18.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to analysts’ expectations of $12.72 billion. The firm’s revenue was up 31.4% compared to the same quarter last year. During the same quarter last year, the company posted $3.14 EPS. Equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were given a $0.60 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.2%. Capital One Financial’s dividend payout ratio is presently 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.