Czech National Bank Has $40.63 Million Stake in Capital One Financial Corporation $COF

Czech National Bank increased its position in shares of Capital One Financial Corporation (NYSE:COF) by 3.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 167,634 shares of the financial services provider’s stock after buying an additional 5,214 shares during the quarter. Czech National Bank’s holdings in Capital One Financial were worth $40,628,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of COF. Cortland Associates Inc. MO acquired a new position in shares of Capital One Financial in the 3rd quarter valued at $14,391,000. CIBC Asset Management Inc boosted its position in shares of Capital One Financial by 53.9% during the 2nd quarter. CIBC Asset Management Inc now owns 88,505 shares of the financial services provider’s stock valued at $18,830,000 after acquiring an additional 30,991 shares in the last quarter. Meridian Wealth Management LLC boosted its position in shares of Capital One Financial by 334.8% during the 3rd quarter. Meridian Wealth Management LLC now owns 9,404 shares of the financial services provider’s stock valued at $1,999,000 after acquiring an additional 7,241 shares in the last quarter. Montecito Bank & Trust bought a new stake in Capital One Financial in the third quarter valued at about $647,000. Finally, National Pension Service increased its stake in Capital One Financial by 4.0% in the third quarter. National Pension Service now owns 1,552,736 shares of the financial services provider’s stock valued at $330,081,000 after acquiring an additional 59,100 shares during the period. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

COF has been the subject of a number of analyst reports. HSBC cut their price target on shares of Capital One Financial from $234.00 to $226.00 and set a “hold” rating for the company in a research note on Tuesday, January 20th. TD Cowen reiterated a “buy” rating on shares of Capital One Financial in a research note on Thursday, January 8th. Wolfe Research dropped their target price on Capital One Financial from $294.00 to $280.00 and set an “outperform” rating for the company in a report on Friday, January 23rd. BTIG Research cut their target price on Capital One Financial from $308.00 to $270.00 and set a “buy” rating for the company in a research report on Friday, January 23rd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $275.00 price target on shares of Capital One Financial in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $275.95.

Check Out Our Latest Analysis on COF

Insider Buying and Selling

In other news, insider Celia Karam sold 2,108 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $218.25, for a total value of $460,071.00. Following the transaction, the insider directly owned 59,269 shares of the company’s stock, valued at $12,935,459.25. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jason P. Hanson sold 3,729 shares of the stock in a transaction that occurred 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 owned 40,230 shares in the company, valued at approximately $8,247,150. This trade represents a 8.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 67,933 shares of company stock valued at $14,363,897. Insiders own 1.26% of the company’s stock.

Capital One Financial Trading Up 0.3%

Shares of COF opened at $185.25 on Thursday. The company has a quick ratio of 1.04, a current 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 firm has a market capitalization of $115.21 billion, a PE ratio of 62.58, a price-to-earnings-growth ratio of 0.55 and a beta of 1.14. The stock’s fifty day simple moving average is $205.47 and its 200-day simple moving average is $218.48.

Capital One Financial (NYSE:COFGet Free Report) last announced its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The firm had revenue of $15.62 billion during the quarter, compared to analyst estimates of $15.49 billion. During the same period last year, the firm earned $2.67 EPS. Capital One Financial’s quarterly revenue was up 53.3% on a year-over-year basis. As a group, research analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

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

Key Capital One Financial News

Here are the key news stories impacting Capital One Financial this week:

Capital One Financial Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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