Capital One Financial Corporation $COF Stake Increased by Czech National Bank

Czech National Bank increased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 3.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 162,420 shares of the financial services provider’s stock after buying an additional 6,074 shares during the quarter. Czech National Bank’s holdings in Capital One Financial were worth $34,527,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Ignite Planners LLC purchased a new position in Capital One Financial during the 3rd quarter valued at about $305,000. Chesley Taft & Associates LLC purchased a new stake in shares of Capital One Financial in the third quarter worth approximately $15,030,000. Balefire LLC acquired a new stake in shares of Capital One Financial during the third quarter worth approximately $205,000. Accel Wealth Management purchased a new position in Capital One Financial during the third quarter valued at approximately $231,000. Finally, Cooper Financial Group grew its position in Capital One Financial by 1.3% during the third quarter. Cooper Financial Group now owns 6,208 shares of the financial services provider’s stock valued at $1,320,000 after purchasing an additional 77 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

COF has been the subject of a number of research reports. The Goldman Sachs Group lifted their target price on shares of Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Truist Financial upped their price target on shares of Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. TD Cowen lifted their price objective on Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Wolfe Research assumed coverage on Capital One Financial in a research report on Monday, December 8th. They issued an “outperform” rating and a $270.00 target price on the stock. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $280.00 price target on shares of Capital One Financial in a research note on Tuesday. Three analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $264.25.

Insider Buying and Selling

In other news, insider Lia Dean sold 3,269 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $218.15, for a total value of $713,132.35. Following the completion of the sale, the insider directly owned 69,855 shares in the company, valued at approximately $15,238,868.25. The trade was a 4.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Richard D. Fairbank sold 103,487 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $220.68, for a total transaction of $22,837,511.16. Following the sale, the chief executive officer directly owned 4,001,228 shares of the company’s stock, valued at approximately $882,990,995.04. This represents a 2.52% 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 280,218 shares of company stock valued at $62,395,804. 1.26% of the stock is owned by corporate insiders.

Capital One Financial Price Performance

NYSE COF opened at $239.31 on Thursday. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $244.82. The stock’s 50-day moving average is $219.43 and its two-hundred day moving average is $216.14. The firm has a market cap of $152.14 billion, a P/E ratio of 100.98, a price-to-earnings-growth ratio of 0.56 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 (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. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The company had revenue of $15.46 billion during the quarter. On average, analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.3%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, November 17th. Capital One Financial’s dividend payout ratio is 135.02%.

Capital One Financial Company 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.