Schroder Investment Management Group Increases Stock Holdings in Capital One Financial Corporation $COF

Schroder Investment Management Group increased its stake in shares of Capital One Financial Corporation (NYSE:COF) by 128.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 445,457 shares of the financial services provider’s stock after acquiring an additional 250,887 shares during the quarter. Schroder Investment Management Group’s holdings in Capital One Financial were worth $94,775,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Moisand Fitzgerald Tamayo LLC boosted its holdings in 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 worth $26,000 after acquiring an additional 62 shares during the last quarter. Olistico Wealth LLC raised its holdings in shares of Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 101 shares during the last quarter. Atlantic Edge Private Wealth Management LLC raised its holdings in shares of Capital One Financial by 66.7% in the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. RMG Wealth Management LLC bought a new position in shares of Capital One Financial during the second quarter valued at about $27,000. Finally, Solstein Capital LLC purchased a new position in Capital One Financial during the second quarter worth about $28,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group upped their price objective on shares of Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Wolfe Research boosted their target price on Capital One Financial from $260.00 to $262.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. BTIG Research reaffirmed a “buy” rating and set a $264.00 price target on shares of Capital One Financial in a research report on Wednesday, October 22nd. Citigroup lifted their price target on Capital One Financial from $275.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, Wall Street Zen raised Capital One Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.

Insider Activity

In other news, insider Frank G. LapradeIii sold 17,840 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $222.03, for a total value of $3,961,015.20. Following the completion of the transaction, the insider directly owned 48,315 shares in the company, valued at approximately $10,727,379.45. This trade represents a 26.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $219.41, for a total transaction of $438,820.00. Following the transaction, the general counsel directly owned 96,486 shares of the company’s stock, valued at approximately $21,169,993.26. This represents a 2.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 274,013 shares of company stock valued at $61,045,903. Corporate insiders own 1.26% of the company’s stock.

Capital One Financial Stock Up 0.3%

Capital One Financial stock opened at $218.09 on Friday. The firm has a 50 day simple moving average of $215.56 and a 200 day simple moving average of $212.39. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45. The firm has a market capitalization of $138.65 billion, a price-to-earnings ratio of 92.02, a P/E/G ratio of 0.70 and a beta of 1.19.

Capital One Financial (NYSE:COF) last posted its earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. The firm had revenue of $15.46 billion for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. On average, analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be given a dividend of $0.80 per share. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, November 17th. Capital One Financial’s dividend payout ratio (DPR) is currently 135.02%.

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.