Danske Bank A S Invests $74.47 Million in Capital One Financial Corporation $COF

Danske Bank A S bought a new stake in Capital One Financial Corporation (NYSE:COF) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 350,321 shares of the financial services provider’s stock, valued at approximately $74,471,000. Danske Bank A S owned approximately 0.06% of Capital One Financial as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of COF. Kozak & Associates Inc. lifted its position in Capital One Financial by 4.4% during the third quarter. Kozak & Associates Inc. now owns 2,833 shares of the financial services provider’s stock valued at $569,000 after purchasing an additional 119 shares during the last quarter. San Luis Wealth Advisors LLC bought a new stake in shares of Capital One Financial in the 3rd quarter worth about $273,000. Integrated Investment Consultants LLC raised its position in shares of Capital One Financial by 8.6% during the 3rd quarter. Integrated Investment Consultants LLC now owns 4,146 shares of the financial services provider’s stock valued at $881,000 after buying an additional 330 shares in the last quarter. Hancock Whitney Corp raised its position in shares of Capital One Financial by 192.1% during the 3rd quarter. Hancock Whitney Corp now owns 88,291 shares of the financial services provider’s stock valued at $18,769,000 after buying an additional 58,068 shares in the last quarter. Finally, Peloton Wealth Strategists lifted its holdings in shares of Capital One Financial by 2.7% in the 3rd quarter. Peloton Wealth Strategists now owns 12,315 shares of the financial services provider’s stock valued at $2,618,000 after acquiring an additional 325 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Insiders Place Their Bets

In related news, insider Celia Karam sold 2,108 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $218.25, for a total value of $460,071.00. Following the completion of the sale, the insider owned 59,269 shares in the company, valued at approximately $12,935,459.25. The trade was a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ravi Raghu sold 13,450 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $250.00, for a total value of $3,362,500.00. Following the completion of the transaction, the insider directly owned 30,337 shares in the company, valued at approximately $7,584,250. This trade represents a 30.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 67,933 shares of company stock worth $14,363,897. 1.26% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms recently commented on COF. Truist Financial dropped their price target on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research report on Monday, January 26th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $275.00 price objective on shares of Capital One Financial in a research note on Monday, January 12th. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. Keefe, Bruyette & Woods boosted their target price on Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. Finally, Wells Fargo & Company increased their price target on Capital One Financial from $265.00 to $280.00 and gave the company an “overweight” rating in a report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $275.95.

Capital One Financial Price Performance

COF opened at $183.36 on Wednesday. The business has a fifty day moving average of $212.72 and a 200 day moving average of $220.19. The stock has a market cap of $114.04 billion, a P/E ratio of 61.95, a PEG ratio of 0.54 and a beta of 1.14. 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 52-week low of $143.22 and a 52-week high of $259.64.

Capital One Financial (NYSE:COF) 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). The business had revenue of $15.62 billion during the quarter, compared to analysts’ expectations of $15.49 billion. Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.The business’s revenue for the quarter was up 53.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.67 EPS. As a group, sell-side analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

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

Capital One Financial Company Profile

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.