Capital One Financial Corporation $COF Holdings Raised by National Bank of Canada FI

National Bank of Canada FI increased its stake in Capital One Financial Corporation (NYSE:COF) by 101.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 488,153 shares of the financial services provider’s stock after purchasing an additional 246,205 shares during the quarter. National Bank of Canada FI owned about 0.08% of Capital One Financial worth $103,856,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of COF. Kingstone Capital Partners Texas LLC boosted its holdings in shares of Capital One Financial by 588,668.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock valued at $24,988,129,000 after acquiring an additional 117,427,549 shares in the last quarter. Vanguard Group Inc. raised its holdings in Capital One Financial by 74.8% during the second quarter. Vanguard Group Inc. now owns 56,380,913 shares of the financial services provider’s stock worth $11,995,603,000 after purchasing an additional 24,129,990 shares in the last quarter. State Street Corp lifted its position in Capital One Financial by 63.4% in the second quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock worth $5,910,500,000 after purchasing an additional 10,776,843 shares during the period. Geode Capital Management LLC boosted its stake in Capital One Financial by 64.1% during the 2nd quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock valued at $2,970,628,000 after purchasing an additional 5,474,328 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Capital One Financial during the 2nd quarter valued at $1,701,511,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Wolfe Research assumed coverage on shares of Capital One Financial in a report on Monday, December 8th. They issued an “outperform” rating and a $270.00 price target for the company. HSBC lifted their price objective on shares of Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a research note on Thursday, October 23rd. Zacks Research downgraded shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Finally, Morgan Stanley raised their target price on shares of Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average target price of $262.70.

Insiders Place Their Bets

In related news, insider Celia Karam sold 2,936 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $218.15, for a total value of $640,488.40. Following the completion of the sale, the insider directly owned 63,433 shares of the company’s stock, valued at approximately $13,837,908.95. This represents a 4.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank G. LapradeIii sold 17,840 shares of the firm’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $222.03, for a total value of $3,961,015.20. Following the sale, the insider owned 48,315 shares of the company’s stock, valued at $10,727,379.45. The trade was a 26.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 280,218 shares of company stock valued at $62,395,804 over the last quarter. 1.26% of the stock is owned by insiders.

Capital One Financial Stock Performance

Shares of COF opened at $237.71 on Monday. The company has a 50-day moving average of $217.78 and a two-hundred day moving average of $215.25. The stock has a market cap of $151.12 billion, a price-to-earnings ratio of 100.30, a PEG ratio of 0.57 and a beta of 1.16. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $243.31.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. The business had revenue of $15.46 billion for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. On average, equities research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were issued a $0.80 dividend. The ex-dividend date was Monday, November 17th. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.3%. Capital One Financial’s dividend payout ratio is currently 135.02%.

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.