ASR Vermogensbeheer N.V. Purchases 11,547 Shares of Capital One Financial Corporation $COF

ASR Vermogensbeheer N.V. increased its position in shares of Capital One Financial Corporation (NYSE:COF) by 18.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,937 shares of the financial services provider’s stock after acquiring an additional 11,547 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in Capital One Financial were worth $15,943,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. EWA LLC bought a new position in shares of Capital One Financial during the 2nd quarter worth approximately $268,000. Philip James Wealth Mangement LLC bought a new position in shares of Capital One Financial during the 2nd quarter worth approximately $404,000. Tanager Wealth Management LLP bought a new position in shares of Capital One Financial during the 2nd quarter worth approximately $365,000. Vicus Capital raised its stake in shares of Capital One Financial by 97.1% during the 2nd quarter. Vicus Capital now owns 3,272 shares of the financial services provider’s stock worth $696,000 after acquiring an additional 1,612 shares in the last quarter. Finally, Naples Global Advisors LLC raised its stake in shares of Capital One Financial by 16.7% during the 2nd quarter. Naples Global Advisors LLC now owns 2,238 shares of the financial services provider’s stock worth $476,000 after acquiring an additional 321 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Activity

In related news, insider Michael Zamsky sold 5,515 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the sale, the insider directly owned 27,364 shares of the company’s stock, valued at approximately $5,735,220.76. This represents a 16.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Robert M. Alexander sold 10,114 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the sale, the insider directly owned 68,707 shares in the company, valued at $15,655,577.02. This trade represents a 12.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 21,298 shares of company stock valued at $4,679,844. 1.26% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Rothschild & Co Redburn assumed coverage on shares of Capital One Financial in a research report on Friday, August 1st. They set a “buy” rating and a $290.00 target price on the stock. Truist Financial boosted their target price on shares of Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Redburn Atlantic raised shares of Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Barclays reissued an “overweight” rating and set a $253.00 target price (up previously from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. Finally, Evercore ISI boosted their target price 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. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $244.29.

Capital One Financial Stock Up 0.5%

COF stock opened at $213.55 on Thursday. The firm’s fifty day simple moving average is $219.22 and its 200-day simple moving average is $200.32. The company has a market capitalization of $136.57 billion, a P/E ratio of 109.51, a price-to-earnings-growth ratio of 0.81 and a beta of 1.18. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $232.45.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, beating the consensus estimate of $1.93 by $3.55. The business had revenue of $12.49 billion during the quarter, compared to analysts’ expectations of $12.72 billion. The firm’s revenue was up 31.4% on a year-over-year basis. During the same period last year, the company earned $3.14 earnings per share. As a group, equities research analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. Capital One Financial’s dividend payout ratio is 123.08%.

About Capital One Financial

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.