Banco Bilbao Vizcaya Argentaria S.A. lifted its position in shares of Capital One Financial Corporation (NYSE:COF – Free Report) by 2.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 192,653 shares of the financial services provider’s stock after purchasing an additional 4,949 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Capital One Financial were worth $40,955,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Howard Hughes Medical Institute bought a new stake in Capital One Financial during the 2nd quarter valued at $29,000. WFA of San Diego LLC bought a new position in shares of Capital One Financial in the second quarter valued at $32,000. Crowley Wealth Management Inc. bought a new position in shares of Capital One Financial in the third quarter valued at $33,000. Wolff Wiese Magana LLC grew its holdings in shares of Capital One Financial by 41.3% during the third quarter. Wolff Wiese Magana LLC now owns 195 shares of the financial services provider’s stock valued at $41,000 after buying an additional 57 shares during the last quarter. Finally, Bell Investment Advisors Inc grew its holdings in shares of Capital One Financial by 86.9% during the second quarter. Bell Investment Advisors Inc now owns 200 shares of the financial services provider’s stock valued at $43,000 after buying an additional 93 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on COF. Wells Fargo & Company upped their target price on shares of Capital One Financial from $265.00 to $280.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Deutsche Bank Aktiengesellschaft cut their price target on Capital One Financial from $263.00 to $256.00 and set a “hold” rating for the company in a research note on Friday, January 23rd. BTIG Research decreased their price objective on Capital One Financial from $308.00 to $270.00 and set a “buy” rating for the company in a report on Friday, January 23rd. Zacks Research downgraded Capital One Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Finally, JPMorgan Chase & Co. lifted their target price on Capital One Financial from $237.00 to $256.00 and gave the company a “neutral” rating in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $274.70.
Insider Buying and Selling at Capital One Financial
In other Capital One Financial news, insider Jason P. Hanson sold 3,729 shares of the firm’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 completion of the sale, the insider directly owned 40,230 shares of the company’s stock, valued at $8,247,150. This trade represents a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Lia Dean sold 3,284 shares of the business’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total value of $734,565.12. Following the completion of the sale, the insider owned 70,162 shares in the company, valued at approximately $15,693,836.16. The trade was a 4.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 67,933 shares of company stock valued at $14,363,897 in the last quarter. Insiders own 1.26% of the company’s stock.
Capital One Financial Stock Performance
Shares of COF stock opened at $179.76 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market cap of $111.80 billion, a price-to-earnings ratio of 60.73, a P/E/G ratio of 0.54 and a beta of 1.14. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $259.64. The firm’s 50-day simple moving average is $215.61 and its two-hundred day simple moving average is $220.86.
Capital One Financial (NYSE:COF – Get Free Report) last released its earnings results 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%. During the same quarter in the prior year, the company earned $2.67 EPS. The company’s quarterly revenue was up 53.3% compared to the same quarter last year. As a group, equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.
Capital One Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 19th were paid a $0.80 dividend. The ex-dividend date was Thursday, February 19th. This represents a $3.20 annualized dividend and a yield of 1.8%. Capital One Financial’s dividend payout ratio is presently 108.11%.
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.
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