American Century Companies Inc. Has $22.30 Million Stock Position in Capital One Financial Corporation $COF

American Century Companies Inc. reduced its stake in Capital One Financial Corporation (NYSE:COF) by 11.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 124,362 shares of the financial services provider’s stock after selling 16,183 shares during the quarter. American Century Companies Inc.’s holdings in Capital One Financial were worth $22,298,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Opal Wealth Advisors LLC raised its holdings in Capital One Financial by 3.1% in the 1st quarter. Opal Wealth Advisors LLC now owns 2,155 shares of the financial services provider’s stock valued at $386,000 after acquiring an additional 64 shares during the period. Y.D. More Investments Ltd raised its holdings in Capital One Financial by 13.9% in the 1st quarter. Y.D. More Investments Ltd now owns 540 shares of the financial services provider’s stock valued at $97,000 after acquiring an additional 66 shares during the period. Aspiriant LLC raised its holdings in Capital One Financial by 2.4% in the 1st quarter. Aspiriant LLC now owns 2,911 shares of the financial services provider’s stock valued at $522,000 after acquiring an additional 67 shares during the period. Citizens National Bank Trust Department raised its holdings in Capital One Financial by 25.7% in the 1st quarter. Citizens National Bank Trust Department now owns 328 shares of the financial services provider’s stock valued at $59,000 after acquiring an additional 67 shares during the period. Finally, CVA Family Office LLC raised its holdings in Capital One Financial by 5.9% in the 1st quarter. CVA Family Office LLC now owns 1,446 shares of the financial services provider’s stock valued at $259,000 after acquiring an additional 80 shares during the period. 89.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Wells Fargo & Company increased their price target on shares of Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Truist Financial boosted their price objective on shares of Capital One Financial from $225.00 to $260.00 and gave the company a “buy” rating in a report on Monday, July 28th. Bank of America boosted their price objective on shares of Capital One Financial from $223.00 to $233.00 and gave the company a “buy” rating in a report on Wednesday, May 21st. Royal Bank Of Canada boosted their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a report on Wednesday, July 23rd. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, July 23rd. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $238.81.

Capital One Financial Price Performance

COF stock opened at $221.2170 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. Capital One Financial Corporation has a 12 month low of $131.55 and a 12 month high of $232.45. The firm has a market cap of $141.47 billion, a P/E ratio of 113.45, a P/E/G ratio of 0.86 and a beta of 1.16. The company’s 50-day moving average price is $212.93 and its two-hundred day moving average price is $194.10.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, beating the consensus estimate of $1.93 by $3.55. The firm had revenue of $12.49 billion during the quarter, compared to the consensus estimate of $12.72 billion. During the same period in the prior year, the business earned $3.14 earnings per share. Capital One Financial’s quarterly revenue was up 31.4% compared to the same quarter last year. On average, 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 company also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, August 15th. Capital One Financial’s dividend payout ratio (DPR) is currently 123.08%.

Insider Buying and Selling at Capital One Financial

In other news, insider Robert M. Alexander sold 10,114 shares of the stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the completion of the transaction, the insider owned 68,707 shares of the company’s stock, valued at approximately $15,655,577.02. This represents a 12.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael Zamsky sold 5,515 shares of the stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of the transaction, the insider directly owned 27,364 shares of the company’s stock, valued at $5,735,220.76. This trade represents a 16.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,298 shares of company stock valued at $4,233,044 in the last ninety days. 1.26% of the stock is currently owned by company insiders.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of 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.