Capital One Financial Co. (NYSE:COF) Shares Bought by KBC Group NV

KBC Group NV grew its position in Capital One Financial Co. (NYSE:COF) by 282.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 623,470 shares of the financial services provider’s stock after acquiring an additional 460,339 shares during the period. KBC Group NV’s holdings in Capital One Financial were worth $111,177,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. State Street Corp raised its holdings in Capital One Financial by 0.5% in the 3rd quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock worth $2,471,572,000 after purchasing an additional 74,784 shares during the period. Franklin Resources Inc. raised its stake in shares of Capital One Financial by 2.8% during the 3rd quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock worth $1,649,488,000 after buying an additional 280,462 shares during the period. Fisher Asset Management LLC lifted its position in shares of Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after buying an additional 72,097 shares in the last quarter. Geode Capital Management LLC grew its stake in Capital One Financial by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider’s stock valued at $1,198,664,000 after acquiring an additional 159,616 shares during the period. Finally, FMR LLC increased its holdings in Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after acquiring an additional 1,169,395 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Down 0.3 %

Capital One Financial stock opened at $203.32 on Monday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.00 and a current ratio of 0.98. The firm has a 50 day moving average price of $185.08 and a 200 day moving average price of $162.60. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $207.24. The company has a market capitalization of $77.51 billion, a PE ratio of 17.54, a price-to-earnings-growth ratio of 1.29 and a beta of 1.46.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10,220,675.12 billion. During the same quarter in the previous year, the business earned $2.81 EPS. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. Research analysts expect that Capital One Financial Co. will post 15.22 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio is presently 20.71%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on COF. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Keefe, Bruyette & Woods boosted their price objective on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Royal Bank of Canada raised their target price on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a research report on Tuesday, January 14th. Finally, Truist Financial began coverage on Capital One Financial in a report on Tuesday, January 7th. They issued a “buy” rating and a $229.00 price objective on the stock. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $190.47.

Insider Activity

In related news, insider Kara West sold 721 shares of the company’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares of the company’s stock, valued at $2,388,374.17. This represents a 5.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,256 shares of company stock worth $2,462,487. 1.30% of the stock is currently owned by corporate insiders.

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.