Capital One Financial Corporation $COF Stock Holdings Increased by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB raised its position in shares of Capital One Financial Corporation (NYSE:COF) by 795.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 197,779 shares of the financial services provider’s stock after purchasing an additional 175,681 shares during the quarter. Capital One Financial comprises about 0.9% of E. Ohman J or Asset Management AB’s investment portfolio, making the stock its 23rd largest position. E. Ohman J or Asset Management AB’s holdings in Capital One Financial were worth $39,678,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Evolution Wealth Management Inc. raised its position in shares of Capital One Financial by 529.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 90 shares in the last quarter. VSM Wealth Advisory LLC bought a new position in Capital One Financial during the fourth quarter worth $27,000. Cherry Tree Wealth Management LLC boosted its holdings in Capital One Financial by 1,312.5% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 105 shares during the period. Ballast Advisors LLC acquired a new position in Capital One Financial in the first quarter worth $27,000. Finally, Strive Asset Management LLC bought a new stake in Capital One Financial during the third quarter valued at $28,000. Institutional investors own 89.84% of the company’s stock.

Insiders Place Their Bets

In related news, insider Ravi Raghu sold 9,726 shares of Capital One Financial stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the sale, the insider directly owned 26,328 shares in the company, valued at $5,523,087.84. The trade was a 26.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $208.00, for a total transaction of $728,000.00. Following the completion of the sale, the general counsel directly owned 90,194 shares of the company’s stock, valued at $18,760,352. The trade was a 3.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 16,713 shares of company stock worth $3,504,077. 0.78% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Piper Sandler initiated coverage on shares of Capital One Financial in a report on Monday, June 29th. They set an “overweight” rating and a $254.00 target price on the stock. Argus dropped their price objective on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. BTIG Research raised their target price on shares of Capital One Financial from $224.00 to $259.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Weiss Ratings upgraded Capital One Financial from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Finally, UBS Group upped their target price on Capital One Financial from $275.00 to $280.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Twenty analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $259.36.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $218.62 on Tuesday. The firm’s 50 day moving average is $201.60 and its two-hundred day moving average is $198.14. The firm has a market capitalization of $134.12 billion, a P/E ratio of 13.53, a PEG ratio of 0.80 and a beta of 1.02. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a 52 week low of $174.24 and a 52 week high of $259.64.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The business had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. During the same period in the previous year, the firm posted $5.48 earnings per share. The business’s revenue was up 26.9% on a year-over-year basis. Analysts anticipate that Capital One Financial Corporation will post 20.19 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, August 17th. Capital One Financial’s payout ratio is 19.80%.

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.