Capital International Investors Has $859.60 Million Position in Capital One Financial Corporation $COF

Capital International Investors lifted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 107.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,040,408 shares of the financial services provider’s stock after purchasing an additional 2,097,208 shares during the quarter. Capital International Investors’ holdings in Capital One Financial were worth $859,602,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in COF. Howard Hughes Medical Institute acquired a new stake in Capital One Financial in the second quarter valued at approximately $29,000. WFA of San Diego LLC acquired a new position in shares of Capital One Financial during the second quarter worth $32,000. Crowley Wealth Management Inc. acquired a new position in shares of Capital One Financial during the third quarter worth $33,000. Wolff Wiese Magana LLC lifted its stake in shares of Capital One Financial by 41.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 195 shares of the financial services provider’s stock valued at $41,000 after acquiring an additional 57 shares during the last quarter. Finally, Bell Investment Advisors Inc boosted its holdings in shares of Capital One Financial by 86.9% during the 2nd quarter. Bell Investment Advisors Inc now owns 200 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 93 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Capital One Financial news, insider Celia Karam sold 2,108 shares of Capital One Financial stock in a transaction 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 completion of the sale, the insider directly owned 59,269 shares of the company’s stock, valued at approximately $12,935,459.25. The trade was a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Neal Blinde sold 38,135 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the transaction, the insider owned 33,551 shares in the company, valued at $6,391,801.01. This represents a 53.20% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 67,933 shares of company stock valued at $14,363,897. 1.26% of the stock is currently owned by corporate insiders.

Capital One Financial Price Performance

Shares of COF opened at $184.93 on Wednesday. The firm has a market cap of $115.01 billion, a PE ratio of 62.47, a price-to-earnings-growth ratio of 0.56 and a beta of 1.14. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $259.64. The business’s 50 day moving average price is $219.49 and its two-hundred day moving average price is $221.76. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing the consensus estimate 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 company’s revenue for the quarter was up 53.3% compared to the same quarter last year. During the same quarter last year, the company posted $2.67 EPS. On average, equities analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 19th were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $3.20 annualized dividend and a yield of 1.7%. Capital One Financial’s dividend payout ratio is currently 108.11%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods boosted their price objective on Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. JPMorgan Chase & Co. increased their target price on Capital One Financial from $237.00 to $256.00 and gave the company a “neutral” rating in a research report on Monday, January 12th. Wolfe Research reduced their price target on Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a report on Friday, January 23rd. Citigroup upped their price objective on Capital One Financial from $290.00 to $310.00 and gave the company a “buy” rating in a research note on Wednesday, December 31st. Finally, HSBC dropped their price objective on shares of Capital One Financial from $234.00 to $226.00 and set a “hold” rating for the company in a report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $274.70.

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.