Capital International Inc. CA Grows Stock Holdings in Capital One Financial Corporation $COF

Capital International Inc. CA raised its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 14.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 324,082 shares of the financial services provider’s stock after purchasing an additional 42,058 shares during the quarter. Capital International Inc. CA owned 0.05% of Capital One Financial worth $68,893,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Capital One Financial by 74.8% in the 2nd quarter. Vanguard Group Inc. now owns 56,380,913 shares of the financial services provider’s stock valued at $11,995,603,000 after acquiring an additional 24,129,990 shares during the last quarter. State Street Corp raised its position in Capital One Financial by 63.4% during the second quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock valued at $5,910,500,000 after purchasing an additional 10,776,843 shares during the period. Norges Bank bought a new stake in shares of Capital One Financial in the 2nd quarter valued at approximately $1,701,511,000. Geode Capital Management LLC boosted its holdings in shares of Capital One Financial by 64.1% in the 2nd quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock worth $2,970,628,000 after purchasing an additional 5,474,328 shares during the period. Finally, Boston Partners purchased a new position in shares of Capital One Financial in the 2nd quarter worth approximately $534,777,000. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Trading Down 1.3%

Shares of NYSE:COF opened at $185.25 on Tuesday. The company has a market capitalization of $115.21 billion, a PE ratio of 62.58, a P/E/G ratio of 0.56 and a beta of 1.14. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $259.64. The business’s fifty day simple moving average is $220.67 and its 200-day simple moving average is $222.02.

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 for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. Capital One Financial’s revenue for the quarter was up 53.3% compared to the same quarter last year. During the same period in the prior year, the company posted $2.67 EPS. As a group, equities research analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were given a $0.80 dividend. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. Capital One Financial’s payout ratio is presently 108.11%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on COF. Wells Fargo & Company raised their price target on Capital One Financial from $265.00 to $280.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Truist Financial lowered their target price on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a report on Monday, January 26th. JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $237.00 to $256.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $275.00 price objective on shares of Capital One Financial in a research note on Monday, January 12th. Finally, Morgan Stanley increased their price target on Capital One Financial from $280.00 to $300.00 and gave the stock an “overweight” rating 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 given a Hold rating to the company’s stock. According to data from MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and a consensus target price of $274.70.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Ravi Raghu sold 13,450 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $250.00, for a total value of $3,362,500.00. Following the completion of the sale, the insider directly owned 30,337 shares in the company, valued at $7,584,250. This trade represents a 30.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jason P. Hanson sold 3,729 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total value of $764,445.00. Following the transaction, the insider directly owned 40,230 shares in the company, valued at approximately $8,247,150. The trade was a 8.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 67,933 shares of company stock worth $14,363,897. 1.26% of the stock is owned by corporate insiders.

About Capital One Financial

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.