Czech National Bank Has $34.53 Million Holdings in Capital One Financial Corporation $COF

Czech National Bank grew its holdings in Capital One Financial Corporation (NYSE:COF) by 3.9% in the 3rd quarter, Holdings Channel reports. The fund owned 162,420 shares of the financial services provider’s stock after purchasing an additional 6,074 shares during the quarter. Czech National Bank’s holdings in Capital One Financial were worth $34,527,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC boosted its holdings in Capital One Financial by 588,668.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock valued at $24,988,129,000 after purchasing an additional 117,427,549 shares during the period. Vanguard Group Inc. increased its holdings in shares of Capital One Financial by 74.8% during the 2nd quarter. Vanguard Group Inc. now owns 56,380,913 shares of the financial services provider’s stock worth $11,995,603,000 after purchasing an additional 24,129,990 shares during the period. State Street Corp raised its position in shares of Capital One Financial by 63.4% during the second quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock valued at $5,910,500,000 after buying an additional 10,776,843 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Capital One Financial by 64.1% in 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 buying an additional 5,474,328 shares during the period. Finally, Norges Bank bought a new stake in shares of Capital One Financial in the second quarter valued at about $1,701,511,000. Institutional investors own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In other news, insider Frank G. LapradeIii sold 17,840 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $222.03, for a total value of $3,961,015.20. Following the completion of the transaction, the insider owned 48,315 shares in the company, valued at approximately $10,727,379.45. The trade was a 26.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Celia Karam sold 2,936 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $218.15, for a total value of $640,488.40. Following the completion of the transaction, the insider directly owned 63,433 shares in the company, valued at $13,837,908.95. The trade was a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 280,218 shares of company stock valued at $62,395,804. Insiders own 1.26% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Wolfe Research assumed coverage on Capital One Financial in a research note on Monday, December 8th. They set an “outperform” rating and a $270.00 price target on the stock. JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $235.00 to $237.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. BTIG Research restated a “buy” rating and issued a $264.00 target price on shares of Capital One Financial in a research note on Wednesday, October 22nd. Robert W. Baird lifted their price target on shares of Capital One Financial from $245.00 to $270.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Finally, HSBC increased their price objective on shares of Capital One Financial from $218.00 to $234.00 and gave the company a “hold” rating in a research note on Thursday, October 23rd. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and an average price target of $264.25.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $239.31 on Thursday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The business’s fifty day moving average price is $219.43 and its two-hundred day moving average price is $216.14. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $244.82. The stock has a market capitalization of $152.14 billion, a price-to-earnings ratio of 100.98, a price-to-earnings-growth ratio of 0.56 and a beta of 1.16.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The company had revenue of $15.46 billion during the quarter. As a group, analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were paid a dividend of $0.80 per share. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Monday, November 17th. Capital One Financial’s payout ratio is currently 135.02%.

Capital One Financial 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.