Toroso Investments LLC Buys 4,979 Shares of Capital One Financial Co. (NYSE:COF)

Toroso Investments LLC boosted its stake in Capital One Financial Co. (NYSE:COF) by 21.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,709 shares of the financial services provider’s stock after acquiring an additional 4,979 shares during the period. Toroso Investments LLC’s holdings in Capital One Financial were worth $2,761,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in COF. Davis Selected Advisers increased its position in shares of Capital One Financial by 0.5% during the fourth quarter. Davis Selected Advisers now owns 10,867,609 shares of the financial services provider’s stock worth $1,010,253,000 after buying an additional 49,543 shares during the period. Fisher Asset Management LLC raised its position in shares of Capital One Financial by 6.3% in the 1st quarter. Fisher Asset Management LLC now owns 9,956,047 shares of the financial services provider’s stock worth $957,374,000 after acquiring an additional 593,680 shares in the last quarter. Berkshire Hathaway Inc bought a new stake in shares of Capital One Financial during the 1st quarter valued at about $954,100,000. Pzena Investment Management LLC grew its stake in Capital One Financial by 17.1% during the first quarter. Pzena Investment Management LLC now owns 6,993,002 shares of the financial services provider’s stock worth $672,447,000 after purchasing an additional 1,020,747 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Capital One Financial by 1.2% in the first quarter. Geode Capital Management LLC now owns 6,838,226 shares of the financial services provider’s stock worth $656,327,000 after purchasing an additional 78,994 shares in the last quarter. Institutional investors and hedge funds own 90.09% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other news, CEO Richard D. Fairbank sold 3,891 shares of Capital One Financial stock in a transaction on Tuesday, July 25th. The stock was sold at an average price of $117.34, for a total transaction of $456,569.94. Following the sale, the chief executive officer now directly owns 3,848,406 shares in the company, valued at approximately $451,571,960.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Robert M. Alexander sold 3,784 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $114.74, for a total transaction of $434,176.16. Following the completion of the sale, the insider now owns 75,038 shares in the company, valued at approximately $8,609,860.12. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Richard D. Fairbank sold 3,891 shares of the company’s stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $117.34, for a total value of $456,569.94. Following the completion of the transaction, the chief executive officer now owns 3,848,406 shares in the company, valued at approximately $451,571,960.04. The disclosure for this sale can be found here. Insiders sold 34,286 shares of company stock worth $3,902,710 in the last quarter. 1.27% of the stock is currently owned by company insiders.

Capital One Financial Price Performance

COF opened at $102.26 on Friday. Capital One Financial Co. has a 1 year low of $83.93 and a 1 year high of $123.09. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market capitalization of $39.01 billion, a price-to-earnings ratio of 7.83, a P/E/G ratio of 1.94 and a beta of 1.47. The firm’s fifty day moving average price is $108.50 and its two-hundred day moving average price is $102.96.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, July 20th. The financial services provider reported $3.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.31 by $0.21. Capital One Financial had a net margin of 11.94% and a return on equity of 9.72%. The business had revenue of $9.01 billion during the quarter, compared to the consensus estimate of $9.13 billion. During the same period in the prior year, the firm posted $4.96 EPS. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. As a group, analysts anticipate that Capital One Financial Co. will post 11.56 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 18th. Shareholders of record on Monday, August 7th were given a $0.60 dividend. The ex-dividend date of this dividend was Friday, August 4th. This represents a $2.40 annualized dividend and a yield of 2.35%. Capital One Financial’s dividend payout ratio is currently 18.38%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on COF. Wells Fargo & Company increased their price target on Capital One Financial from $110.00 to $127.00 and gave the stock an “overweight” rating in a report on Friday, July 21st. StockNews.com assumed coverage on shares of Capital One Financial in a report on Thursday, August 17th. They issued a “hold” rating for the company. Morgan Stanley upped their price objective on shares of Capital One Financial from $86.00 to $92.00 and gave the company an “underweight” rating in a report on Friday, July 21st. Citigroup raised their target price on Capital One Financial from $124.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, July 21st. Finally, Piper Sandler upped their price target on Capital One Financial from $112.00 to $115.00 and gave the stock a “neutral” rating in a research note on Friday, July 21st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $109.09.

Capital One Financial Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.