Capital One Financial Corporation $COF Position Boosted by Victory Capital Management Inc.

Victory Capital Management Inc. raised its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 16.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 378,450 shares of the financial services provider’s stock after acquiring an additional 53,961 shares during the period. Victory Capital Management Inc. owned approximately 0.06% of Capital One Financial worth $80,451,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Mather Group LLC. grew its position in Capital One Financial by 1.0% in the 3rd quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock valued at $965,000 after buying an additional 47 shares in the last quarter. Optas LLC lifted its position in Capital One Financial by 1.4% in the third quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock worth $741,000 after purchasing an additional 49 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in shares of Capital One Financial by 1.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 4,450 shares of the financial services provider’s stock worth $946,000 after buying an additional 49 shares in the last quarter. Bridges Investment Management Inc. lifted its holdings in shares of Capital One Financial by 0.4% in the third quarter. Bridges Investment Management Inc. now owns 11,251 shares of the financial services provider’s stock valued at $2,392,000 after buying an additional 49 shares during the period. Finally, Culbertson A N & Co. Inc. boosted its stake in Capital One Financial by 0.4% during the second quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock valued at $2,418,000 after buying an additional 50 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on COF shares. Zacks Research lowered shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Keefe, Bruyette & Woods raised their target price on shares of Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, January 2nd. Deutsche Bank Aktiengesellschaft dropped their price target on Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a report on Friday, January 23rd. JPMorgan Chase & Co. boosted their target price on Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Finally, TD Cowen reiterated a “buy” rating on shares of Capital One Financial in a research report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $274.70.

Capital One Financial Trading Down 1.0%

NYSE:COF opened at $193.96 on Friday. The company has a market capitalization of $120.63 billion, a P/E ratio of 65.53, a P/E/G ratio of 0.59 and a beta of 1.14. The stock’s 50 day moving average price is $223.12 and its 200 day moving average price is $222.30. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04. 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 announced its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.During the same quarter in the prior year, the company posted $2.67 earnings per share. The company’s revenue for the quarter was up 53.3% compared to the same quarter last year. On average, research analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Thursday, February 19th. Capital One Financial’s dividend payout ratio is currently 108.11%.

Insiders Place Their Bets

In other news, insider Ravi Raghu sold 13,450 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $250.00, for a total value of $3,362,500.00. Following the sale, the insider owned 30,337 shares in the company, valued at approximately $7,584,250. The trade was a 30.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Neal Blinde sold 38,135 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the sale, the insider owned 33,551 shares of the company’s stock, valued at $6,391,801.01. This trade represents a 53.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 67,933 shares of company stock worth $14,363,897 in the last 90 days. 1.26% of the stock is owned by corporate insiders.

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.