Capital One Financial Corporation $COF Shares Bought by XTX Topco Ltd

XTX Topco Ltd lifted its holdings in Capital One Financial Corporation (NYSE:COF) by 22.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 17,658 shares of the financial services provider’s stock after purchasing an additional 3,239 shares during the quarter. XTX Topco Ltd’s holdings in Capital One Financial were worth $3,757,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of COF. Kingstone Capital Partners Texas LLC grew its position 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 buying an additional 117,427,549 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Capital One Financial by 74.8% in 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 acquiring an additional 24,129,990 shares during the period. Geode Capital Management LLC boosted its holdings 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 acquiring an additional 5,474,328 shares in the last quarter. Boston Partners acquired a new position in shares of Capital One Financial during the second quarter valued at approximately $533,486,000. Finally, Bank of New York Mellon Corp raised its holdings in Capital One Financial by 41.3% during the second quarter. Bank of New York Mellon Corp now owns 7,011,073 shares of the financial services provider’s stock worth $1,491,676,000 after purchasing an additional 2,050,010 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Up 2.6%

Shares of Capital One Financial stock opened at $214.37 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. The company has a market cap of $136.28 billion, a P/E ratio of 90.45, a P/E/G ratio of 0.70 and a beta of 1.19. The stock has a 50-day moving average price of $216.16 and a 200 day moving average price of $212.11. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45.

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

Capital One Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be issued a $0.80 dividend. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, November 17th. Capital One Financial’s dividend payout ratio is currently 135.02%.

Analyst Upgrades and Downgrades

COF has been the subject of a number of research reports. Truist Financial increased their price target on Capital One Financial from $260.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, September 12th. TD Cowen upped their price objective on Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a report on Monday, October 6th. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $235.00 to $237.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Evercore ISI boosted their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 30th. Finally, Wolfe Research raised their price objective on shares of Capital One Financial from $260.00 to $262.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.

Insider Buying and Selling

In other news, insider Frank G. LapradeIii sold 17,840 shares of Capital One Financial stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $222.03, for a total value of $3,961,015.20. Following the transaction, the insider directly 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 document filed with the SEC, which is accessible through this hyperlink. Also, CEO Richard D. Fairbank sold 103,487 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $220.68, for a total value of $22,837,511.16. Following the sale, the chief executive officer owned 4,001,228 shares of the company’s stock, valued at approximately $882,990,995.04. The trade was a 2.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 274,013 shares of company stock valued at $61,045,903 in the last quarter. Company insiders own 1.26% of the company’s stock.

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.