Lansforsakringar Fondforvaltning AB publ Boosts Holdings in Capital One Financial Corporation $COF

Lansforsakringar Fondforvaltning AB publ grew its stake in shares of Capital One Financial Corporation (NYSE:COF) by 2.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 417,028 shares of the financial services provider’s stock after purchasing an additional 8,491 shares during the period. Lansforsakringar Fondforvaltning AB publ owned approximately 0.07% of Capital One Financial worth $88,652,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Capital One Financial by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 56,537,167 shares of the financial services provider’s stock valued at $12,018,671,000 after acquiring an additional 156,254 shares in the last quarter. State Street Corp lifted its stake in shares of Capital One Financial by 63.4% in the 2nd quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock valued at $5,910,500,000 after purchasing an additional 10,776,843 shares during the period. Geode Capital Management LLC boosted its position in shares of Capital One Financial by 64.1% during the second quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock valued at $2,970,628,000 after purchasing an additional 5,474,328 shares in the last quarter. Norges Bank purchased a new stake in Capital One Financial in the second quarter worth $1,701,511,000. Finally, Bank of New York Mellon Corp grew its stake in Capital One Financial by 41.3% in the second quarter. Bank of New York Mellon Corp now owns 7,011,073 shares of the financial services provider’s stock worth $1,491,676,000 after purchasing an additional 2,050,010 shares during the period. 89.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the company. TD Cowen reissued a “buy” rating on shares of Capital One Financial in a research report on Thursday, January 8th. Jefferies Financial Group lifted their price target on shares of Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a research note on Friday, January 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a report on Monday, December 29th. Finally, Keefe, Bruyette & Woods boosted their price target on Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $274.70.

Capital One Financial Price Performance

Shares of COF opened at $208.36 on Friday. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $259.64. The company has a market capitalization of $132.46 billion, a P/E ratio of 70.39, a price-to-earnings-growth ratio of 0.61 and a beta of 1.14. The firm has a 50 day moving average of $231.58 and a 200 day moving average of $223.39. 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 (NYSE:COF) last released its quarterly earnings data 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 business’s quarterly revenue was up 53.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.67 earnings per share. As a group, equities research analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 19th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s dividend payout ratio (DPR) is 108.11%.

Insiders Place Their Bets

In other Capital One Financial news, insider Lia Dean sold 3,284 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $223.68, for a total value of $734,565.12. Following the completion of the transaction, the insider owned 70,162 shares of the company’s stock, valued at approximately $15,693,836.16. The trade was a 4.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $250.00, for a total transaction of $500,000.00. Following the sale, the general counsel directly owned 92,486 shares in the company, valued at approximately $23,121,500. The trade was a 2.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 34,274 shares of company stock valued at $8,131,054 over the last quarter. Corporate insiders own 1.26% of the company’s stock.

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.