Commerzbank Aktiengesellschaft FI Buys 1,991 Shares of Capital One Financial Corporation $COF

Commerzbank Aktiengesellschaft FI lifted its holdings in Capital One Financial Corporation (NYSE:COF) by 57.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 5,467 shares of the financial services provider’s stock after purchasing an additional 1,991 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Capital One Financial were worth $1,164,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of COF. WPG Advisers LLC bought a new stake in Capital One Financial during the 1st quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC boosted its position in shares of Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 62 shares in the last quarter. Olistico Wealth LLC boosted its position in shares of Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 101 shares in the last quarter. Saudi Central Bank acquired a new stake in shares of Capital One Financial in the 1st quarter worth $27,000. Finally, RMG Wealth Management LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter worth $27,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $202.37 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 twelve month low of $143.22 and a twelve month high of $232.45. The business has a 50-day moving average price of $219.02 and a 200 day moving average price of $202.11. The firm has a market cap of $129.42 billion, a PE ratio of 103.78, a P/E/G ratio of 0.77 and a beta of 1.18.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, beating the consensus estimate of $1.93 by $3.55. The business had revenue of $12.49 billion during the quarter, compared to analysts’ expectations of $12.72 billion. During the same quarter in the prior year, the firm earned $3.14 EPS. Capital One Financial’s revenue for the quarter was up 31.4% on a year-over-year basis. Sell-side analysts predict 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 was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a $0.60 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.2%. Capital One Financial’s dividend payout ratio is currently 123.08%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Morgan Stanley raised their price objective on Capital One Financial from $261.00 to $267.00 and gave the stock an “overweight” rating in a research report on Monday, September 29th. Deutsche Bank Aktiengesellschaft lifted their price target on Capital One Financial from $215.00 to $224.00 and gave the stock a “hold” rating in a research report on Thursday, October 2nd. Royal Bank Of Canada lifted their price target on Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 23rd. TD Cowen lifted their price target on Capital One Financial from $258.00 to $261.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. Finally, HSBC set a $218.00 price target on Capital One Financial and gave the stock a “hold” rating in a research report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average price target of $252.78.

Insider Buying and Selling

In related news, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total transaction of $423,980.00. Following the transaction, the general counsel owned 98,486 shares of the company’s stock, valued at $20,878,047.14. This trade represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Timothy P. Golden sold 207 shares of Capital One Financial stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total value of $44,589.87. Following the completion of the sale, the chief accounting officer directly owned 8,780 shares in the company, valued at $1,891,299.80. This represents a 2.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,298 shares of company stock valued at $5,103,824 in the last three months. 1.26% of the stock is currently owned by insiders.

Capital One Financial Company Profile

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.