Czech National Bank Has $15.70 Million Position in Capital One Financial Co. (NYSE:COF)

Czech National Bank increased its position in Capital One Financial Co. (NYSE:COF) by 5.8% during the first quarter, HoldingsChannel reports. The institutional investor owned 87,555 shares of the financial services provider’s stock after acquiring an additional 4,838 shares during the period. Czech National Bank’s holdings in Capital One Financial were worth $15,699,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Wealth Advisors LLC boosted its position in Capital One Financial by 36.9% during the first quarter. Fifth Third Wealth Advisors LLC now owns 6,766 shares of the financial services provider’s stock worth $1,213,000 after purchasing an additional 1,824 shares during the period. Webster Bank N. A. boosted its position in Capital One Financial by 0.8% during the first quarter. Webster Bank N. A. now owns 23,676 shares of the financial services provider’s stock worth $4,245,000 after purchasing an additional 192 shares during the period. Quent Capital LLC boosted its position in Capital One Financial by 14.0% during the first quarter. Quent Capital LLC now owns 2,199 shares of the financial services provider’s stock worth $394,000 after purchasing an additional 270 shares during the period. Versant Capital Management Inc boosted its position in Capital One Financial by 100.9% during the first quarter. Versant Capital Management Inc now owns 1,286 shares of the financial services provider’s stock worth $231,000 after purchasing an additional 646 shares during the period. Finally, Park National Corp OH bought a new stake in Capital One Financial during the first quarter worth approximately $5,713,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on COF. Baird R W raised Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 11th. Citigroup decreased their target price on Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, March 24th. Bank of America increased their price objective on Capital One Financial from $223.00 to $233.00 and gave the company a “buy” rating in a research report on Wednesday, May 21st. Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Finally, JPMorgan Chase & Co. reduced their price objective on Capital One Financial from $198.00 to $170.00 and set a “neutral” rating for the company in a research report on Tuesday, April 8th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $207.60.

Insider Buying and Selling

In other Capital One Financial news, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction on Monday, May 12th. The stock was sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the completion of the transaction, the insider now directly owns 20,089 shares of the company’s stock, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total value of $329,444.60. Following the transaction, the director now directly owns 56,244 shares of the company’s stock, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by company insiders.

Capital One Financial Stock Down 0.9%

Shares of COF stock opened at $189.13 on Monday. The stock has a market cap of $72.46 billion, a P/E ratio of 16.32, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The stock has a fifty day moving average price of $179.14 and a 200 day moving average price of $184.66. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping the consensus estimate of $3.75 by $0.31. The firm had revenue of $10 billion during the quarter, compared to analysts’ expectations of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Friday, May 23rd will be given a $0.60 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $2.40 annualized dividend and a yield of 1.27%. Capital One Financial’s dividend payout ratio (DPR) is currently 20.15%.

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.