Vontobel Holding Ltd. Has $33.12 Million Stock Position in Capital One Financial Corporation $COF

Vontobel Holding Ltd. lifted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 6.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 136,653 shares of the financial services provider’s stock after buying an additional 8,653 shares during the period. Vontobel Holding Ltd.’s holdings in Capital One Financial were worth $33,119,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Capital One Financial by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider’s stock worth $13,789,615,000 after buying an additional 360,071 shares in the last quarter. Franklin Resources Inc. boosted its position in Capital One Financial by 5.4% during the fourth quarter. Franklin Resources Inc. now owns 12,476,462 shares of the financial services provider’s stock valued at $3,023,795,000 after acquiring an additional 638,158 shares during the last quarter. Norges Bank bought a new stake in Capital One Financial during the fourth quarter valued at $2,089,803,000. Davis Selected Advisers boosted its position in Capital One Financial by 2.8% during the fourth quarter. Davis Selected Advisers now owns 8,614,766 shares of the financial services provider’s stock valued at $2,087,878,000 after acquiring an additional 234,649 shares during the last quarter. Finally, Capital Research Global Investors boosted its position in Capital One Financial by 3.7% during the third 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 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 Lia Dean sold 1,692 shares of Capital One Financial stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total transaction of $314,052.12. Following the transaction, the insider owned 65,454 shares of the company’s stock, valued at $12,148,916.94. This trade represents a 2.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the transaction, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. This represents a 3.48% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 8,040 shares of company stock valued at $1,498,615 in the last 90 days. 0.78% of the stock is currently owned by corporate insiders.

Capital One Financial Price Performance

Shares of NYSE COF opened at $184.44 on Friday. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64. The stock has a market cap of $114.78 billion, a price-to-earnings ratio of 64.72, a PEG ratio of 0.65 and a beta of 1.03. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The firm’s 50-day simple moving average is $189.13 and its 200 day simple moving average is $207.36.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. During the same period in the previous year, the business posted $4.06 EPS. Capital One Financial’s revenue was up 52.3% compared to the same quarter last year. As a group, research analysts anticipate that Capital One Financial Corporation will post 19.51 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. Capital One Financial’s dividend payout ratio (DPR) is currently 112.28%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on COF shares. Morgan Stanley cut their price objective on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. Barclays increased their price objective on shares of Capital One Financial from $226.00 to $250.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Jefferies Financial Group reissued a “buy” rating and set a $300.00 price objective on shares of Capital One Financial in a research report on Monday, March 16th. Rothschild & Co Redburn cut their price objective on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada cut their price objective on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a research report on Friday, April 10th. Seventeen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $258.75.

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.