Capital One Financial Co. (NYSE:COF) Shares Purchased by Swiss National Bank

Swiss National Bank increased its position in shares of Capital One Financial Co. (NYSE:COF) by 0.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,133,600 shares of the financial services provider’s stock after buying an additional 2,300 shares during the period. Swiss National Bank owned 0.30% of Capital One Financial worth $169,734,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Blair William & Co. IL lifted its holdings in Capital One Financial by 1.2% in the 1st quarter. Blair William & Co. IL now owns 21,612 shares of the financial services provider’s stock valued at $3,218,000 after purchasing an additional 259 shares in the last quarter. Orion Portfolio Solutions LLC boosted its stake in Capital One Financial by 5.6% in the first quarter. Orion Portfolio Solutions LLC now owns 14,841 shares of the financial services provider’s stock valued at $2,210,000 after acquiring an additional 792 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in shares of Capital One Financial by 72.2% in the first quarter. Acadian Asset Management LLC now owns 89,292 shares of the financial services provider’s stock valued at $13,288,000 after acquiring an additional 37,426 shares during the period. Osaic Holdings Inc. lifted its position in Capital One Financial by 8.3% during the 1st quarter. Osaic Holdings Inc. now owns 68,119 shares of the financial services provider’s stock worth $10,145,000 after acquiring an additional 5,198 shares during the period. Finally, Trustmark National Bank Trust Department raised its position in Capital One Financial by 10.5% in the first quarter. Trustmark National Bank Trust Department now owns 4,696 shares of the financial services provider’s stock worth $699,000 after acquiring an additional 446 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling

In related news, insider Kara West sold 721 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This trade represents a 5.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the business’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the sale, the insider now directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. The trade was a 26.05 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 29,007 shares of company stock worth $4,982,647. Insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on COF shares. Bank of America increased their target price on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Royal Bank of Canada raised their target price on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. Citigroup assumed coverage on Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 target price on the stock. Evercore ISI boosted their price target on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Finally, Robert W. Baird raised their target price on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $156.35.

Capital One Financial Stock Performance

Shares of COF opened at $185.14 on Monday. The firm’s 50 day moving average price is $157.74 and its two-hundred day moving average price is $146.39. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a twelve month low of $104.21 and a twelve month high of $198.30. The firm has a market cap of $70.63 billion, a P/E ratio of 17.48, a PEG ratio of 1.37 and a beta of 1.43.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating the consensus estimate of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter in the previous year, the business posted $4.45 EPS. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. On average, analysts forecast that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is 22.66%.

Capital One Financial 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.