Trust Co. of Vermont Has $4.34 Million Holdings in Capital One Financial Corporation $COF

Trust Co. of Vermont raised its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 14.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,409 shares of the financial services provider’s stock after buying an additional 2,635 shares during the quarter. Trust Co. of Vermont’s holdings in Capital One Financial were worth $4,342,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings 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 purchasing an additional 10,428 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Capital One Financial by 14.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 26,230 shares of the financial services provider’s stock valued at $4,677,000 after purchasing an additional 3,226 shares in the last quarter. NBC Securities Inc. acquired a new position in shares of Capital One Financial in the first quarter valued at $142,000. Merit Financial Group LLC raised its stake in shares of Capital One Financial by 56.1% in the first quarter. Merit Financial Group LLC now owns 6,142 shares of the financial services provider’s stock valued at $1,101,000 after purchasing an additional 2,207 shares in the last quarter. Finally, Whipplewood Advisors LLC raised its stake in shares of Capital One Financial by 1,297.4% in the first quarter. Whipplewood Advisors LLC now owns 1,090 shares of the financial services provider’s stock valued at $195,000 after purchasing an additional 1,012 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on COF. TD Cowen upgraded Capital One Financial from a “hold” rating to a “buy” rating and increased their price objective for the stock from $184.00 to $258.00 in a research note on Tuesday, July 8th. Truist Financial increased their price objective on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. Royal Bank Of Canada increased their price objective on Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 23rd. Rothschild & Co Redburn began coverage on Capital One Financial in a research note on Friday, August 1st. They set a “buy” rating and a $290.00 price objective for the company. Finally, Morgan Stanley increased their price objective on Capital One Financial from $261.00 to $267.00 and gave the stock an “overweight” rating in a research note on Monday. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus price target of $244.29.

Capital One Financial Price Performance

Capital One Financial stock opened at $212.50 on Wednesday. The business’s 50-day simple moving average is $219.34 and its 200 day simple moving average is $200.23. The stock has a market cap of $135.90 billion, a price-to-earnings ratio of 108.97, a P/E/G ratio of 0.86 and a beta of 1.17. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. 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 (NYSE:COF) last issued its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The company had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. During the same quarter last year, the business posted $3.14 EPS. Capital One Financial’s quarterly revenue was up 31.4% on a year-over-year basis. As a group, research analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were issued a dividend of $0.60 per share. The ex-dividend date was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. Capital One Financial’s dividend payout ratio (DPR) is 123.08%.

Insider Buying and Selling

In other news, insider Robert M. Alexander sold 10,114 shares of the firm’s stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the sale, the insider owned 68,707 shares of the company’s stock, valued at $15,655,577.02. This trade represents a 12.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of the firm’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 sale, the insider directly owned 27,364 shares in the company, valued at approximately $5,735,220.76. This represents a 16.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,298 shares of company stock worth $4,679,844 in the last ninety days. 1.26% of the stock is currently owned by corporate insiders.

Capital One Financial Company 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.