Capital One Financial Co. (NYSE:COF) Shares Purchased by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale increased its position in shares of Capital One Financial Co. (NYSE:COF) by 8.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 91,521 shares of the financial services provider’s stock after purchasing an additional 7,464 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Capital One Financial were worth $12,262,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of COF. LRI Investments LLC acquired a new stake in shares of Capital One Financial during the 1st quarter worth approximately $25,000. Silicon Valley Capital Partners purchased a new stake in Capital One Financial in the first quarter valued at $25,000. Y.D. More Investments Ltd acquired a new position in shares of Capital One Financial in the 2nd quarter valued at $28,000. Hobbs Group Advisors LLC purchased a new position in shares of Capital One Financial during the 2nd quarter worth $29,000. Finally, Rise Advisors LLC acquired a new stake in shares of Capital One Financial during the 1st quarter worth about $33,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

Shares of COF opened at $138.97 on Monday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Co. has a 1-year low of $88.23 and a 1-year high of $153.35. The stock has a market cap of $53.07 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 1.08 and a beta of 1.44. The firm has a fifty day moving average price of $141.56 and a 200 day moving average price of $140.56.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The firm had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.52 EPS. As a group, sell-side analysts anticipate that Capital One Financial Co. will post 13.1 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were given a $0.60 dividend. The ex-dividend date was Monday, August 12th. This represents a $2.40 annualized dividend and a yield of 1.73%. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a research note on Monday, July 8th. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their target price for the company from $145.00 to $165.00 in a report on Thursday, June 6th. Evercore ISI decreased their price target on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research note on Tuesday, June 25th. Bank of America lifted their price objective on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $150.00 target price on shares of Capital One Financial in a research note on Thursday, July 25th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $145.89.

Insider Buying and Selling

In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at $5,438,491.24. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares in the company, valued at approximately $11,060,100. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the sale, the chief executive officer now owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

About Capital One Financial

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.