National Pension Service Buys 59,100 Shares of Capital One Financial Corporation $COF

National Pension Service increased its stake in shares of Capital One Financial Corporation (NYSE:COF) by 4.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,552,736 shares of the financial services provider’s stock after acquiring an additional 59,100 shares during the quarter. National Pension Service owned approximately 0.24% of Capital One Financial worth $330,081,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Earned Wealth Advisors LLC bought a new position in shares of Capital One Financial in the second quarter worth approximately $254,000. Cortland Associates Inc. MO purchased a new position in Capital One Financial in the 3rd quarter worth approximately $14,391,000. CIBC Asset Management Inc increased its holdings in shares of Capital One Financial by 53.9% in the 2nd quarter. CIBC Asset Management Inc now owns 88,505 shares of the financial services provider’s stock worth $18,830,000 after buying an additional 30,991 shares during the last quarter. Montecito Bank & Trust purchased a new stake in shares of Capital One Financial during the 3rd quarter valued at $647,000. Finally, B. Riley Wealth Advisors Inc. raised its position in shares of Capital One Financial by 58.5% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 36,685 shares of the financial services provider’s stock valued at $7,798,000 after buying an additional 13,539 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

COF has been the topic of a number of research analyst reports. Robert W. Baird increased their target price on Capital One Financial from $245.00 to $270.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Truist Financial reduced their price objective on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research report on Monday. Wall Street Zen cut Capital One Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Keefe, Bruyette & Woods upped their target price on Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. 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, sixteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $274.70.

Capital One Financial Trading Down 0.2%

Shares of COF opened at $218.97 on Friday. The stock has a market capitalization of $139.21 billion, a P/E ratio of 73.98, a PEG ratio of 0.65 and a beta of 1.13. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. The firm has a fifty day simple moving average of $234.82 and a two-hundred day simple moving average of $223.30. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $259.64.

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 analysts’ consensus estimates of $4.14 by ($0.28). The firm had revenue of $15.62 billion during the quarter, compared to analysts’ expectations of $15.49 billion. Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. Capital One Financial’s revenue was up 53.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.67 EPS. On average, research analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.5%. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, November 17th. Capital One Financial’s dividend payout ratio (DPR) is presently 108.11%.

Insider Buying and Selling at Capital One Financial

In related news, insider Ravi Raghu sold 13,450 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $250.00, for a total transaction of $3,362,500.00. Following the transaction, the insider owned 30,337 shares in the company, valued at $7,584,250. The trade was a 30.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Neal Blinde sold 43,200 shares of the stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the completion of the transaction, the insider directly owned 73,020 shares of the company’s stock, valued at approximately $16,198,026.60. The trade was a 37.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 195,409 shares of company stock worth $43,756,821. 1.26% of the stock is owned by corporate insiders.

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.