Banco Bilbao Vizcaya Argentaria S.A. Acquires 4,949 Shares of Capital One Financial Corporation $COF

Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in Capital One Financial Corporation (NYSE:COF) by 2.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 192,653 shares of the financial services provider’s stock after acquiring an additional 4,949 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Capital One Financial were worth $40,955,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in Capital One Financial by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 56,537,167 shares of the financial services provider’s stock worth $12,018,671,000 after buying an additional 156,254 shares during the period. State Street Corp grew its stake in Capital One Financial by 63.4% in the 2nd quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock valued at $5,910,500,000 after buying an additional 10,776,843 shares in the last quarter. Franklin Resources Inc. raised its holdings in Capital One Financial by 12.8% during the 3rd quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock valued at $2,516,587,000 after acquiring an additional 1,339,215 shares during the period. Capital Research Global Investors raised its holdings in Capital One Financial by 3.7% during the 3rd quarter. Capital Research Global Investors now owns 8,426,060 shares of the financial services provider’s stock valued at $1,791,264,000 after acquiring an additional 302,733 shares during the period. Finally, Norges Bank purchased a new stake in shares of Capital One Financial during the second quarter worth $1,701,511,000. Institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on COF. JPMorgan Chase & Co. raised their price target on Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. Wells Fargo & Company increased their price objective on Capital One Financial from $265.00 to $280.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Zacks Research downgraded Capital One Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Jefferies Financial Group lifted their target price on Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Finally, Truist Financial reduced their target price on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and an average price target of $274.70.

Insider Activity

In related news, insider Celia Karam sold 2,108 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $218.25, for a total value of $460,071.00. Following the transaction, the insider directly owned 59,269 shares in the company, valued at approximately $12,935,459.25. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $250.00, for a total transaction of $500,000.00. Following the completion of the sale, the general counsel directly owned 92,486 shares in the company, valued at $23,121,500. This represents a 2.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 67,933 shares of company stock worth $14,363,897. Company insiders own 1.26% of the company’s stock.

Capital One Financial Stock Up 1.3%

COF opened at $179.76 on Friday. The firm has a market capitalization of $111.80 billion, a P/E ratio of 60.73, a price-to-earnings-growth ratio of 0.54 and a beta of 1.14. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $259.64. The company has a fifty day moving average price of $215.61 and a 200-day moving average price of $220.86. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.The firm’s revenue for the quarter was up 53.3% on a year-over-year basis. During the same period in the previous year, the company posted $2.67 earnings per share. Equities research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th were issued a $0.80 dividend. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.8%. Capital One Financial’s dividend payout ratio (DPR) is presently 108.11%.

Capital One Financial Company Profile

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.