Capital One Financial Co. (NYSE:COF) Holdings Raised by Diversified Trust Co

Diversified Trust Co boosted its stake in Capital One Financial Co. (NYSE:COF) by 198.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,985 shares of the financial services provider’s stock after buying an additional 10,621 shares during the period. Diversified Trust Co’s holdings in Capital One Financial were worth $2,380,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of Capital One Financial by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 30,666,688 shares of the financial services provider’s stock valued at $4,021,016,000 after acquiring an additional 131,400 shares in the last quarter. Capital World Investors increased its position in shares of Capital One Financial by 2.1% during the 4th quarter. Capital World Investors now owns 14,991,564 shares of the financial services provider’s stock valued at $1,965,761,000 after purchasing an additional 311,696 shares during the period. Capital Research Global Investors raised its stake in shares of Capital One Financial by 16.7% in the 4th quarter. Capital Research Global Investors now owns 12,227,848 shares of the financial services provider’s stock worth $1,603,316,000 after buying an additional 1,745,545 shares in the last quarter. Pzena Investment Management LLC lifted its holdings in shares of Capital One Financial by 1.6% in the fourth quarter. Pzena Investment Management LLC now owns 7,751,043 shares of the financial services provider’s stock valued at $1,016,317,000 after buying an additional 124,055 shares during the period. Finally, Norges Bank bought a new position in Capital One Financial during the fourth quarter valued at about $409,831,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Up 0.9 %

Shares of NYSE:COF opened at $139.68 on Tuesday. The firm has a fifty day moving average of $139.80 and a two-hundred day moving average of $137.19. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86. Capital One Financial Co. has a 12-month low of $88.23 and a 12-month high of $149.94. The firm has a market capitalization of $53.11 billion, a P/E ratio of 10.94, a price-to-earnings-growth ratio of 1.09 and a beta of 1.46.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The firm had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. During the same period in the previous year, the business posted $2.31 EPS. Capital One Financial’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, equities analysts expect that Capital One Financial Co. will post 13.31 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were issued a $0.60 dividend. The ex-dividend date was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a yield of 1.72%. Capital One Financial’s dividend payout ratio is currently 18.79%.

Analyst Upgrades and Downgrades

COF has been the subject of a number of research analyst reports. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and upped their price target for the company from $145.00 to $165.00 in a report on Thursday, June 6th. Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price for the company in a report on Thursday, April 4th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $159.00 price target on shares of Capital One Financial in a report on Wednesday, March 27th. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 3rd. Finally, Evercore ISI decreased their target price on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a report on Tuesday, June 25th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $141.20.

Insider Activity at Capital One Financial

In other news, insider Celia Karam sold 16,913 shares of the stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the transaction, the insider now owns 47,081 shares in the company, valued at approximately $6,726,933.28. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, insider Timothy P. Golden sold 8,656 shares of the business’s stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the sale, the insider now directly owns 10,246 shares in the company, valued at approximately $1,475,833.84. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Celia Karam sold 16,913 shares of the stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the transaction, the insider now owns 47,081 shares in the company, valued at approximately $6,726,933.28. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

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.