Toronto Dominion Bank Acquires 4,195 Shares of Capital One Financial Co. (NYSE:COF)

Toronto Dominion Bank increased its holdings in shares of Capital One Financial Co. (NYSE:COF) by 1.6% in the first quarter, according to its most recent filing with the SEC. The fund owned 273,119 shares of the financial services provider’s stock after acquiring an additional 4,195 shares during the period. Toronto Dominion Bank owned about 0.07% of Capital One Financial worth $40,665,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Capital One Financial by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 30,893,408 shares of the financial services provider’s stock worth $4,599,720,000 after acquiring an additional 226,720 shares during the last quarter. Capital World Investors raised its position in 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 in the last quarter. Capital Research Global Investors raised its position in Capital One Financial by 16.7% during the 4th quarter. Capital Research Global Investors now owns 12,227,848 shares of the financial services provider’s stock valued at $1,603,316,000 after purchasing an additional 1,745,545 shares in the last quarter. Pzena Investment Management LLC raised its position in Capital One Financial by 1.6% during the 4th 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 purchasing an additional 124,055 shares in the last quarter. Finally, Clearbridge Investments LLC raised its position in Capital One Financial by 18.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,473,596 shares of the financial services provider’s stock valued at $517,184,000 after purchasing an additional 549,665 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

COF has been the subject of a number of research analyst reports. BTIG Research initiated coverage on Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating for the company. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research report on Monday, July 8th. Bank of America lifted their price target on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday. Evercore ISI cut their price target 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. Finally, Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and lifted their price target for the company from $145.00 to $165.00 in a report on Thursday, June 6th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Hold” and a consensus price target of $145.89.

Insider Activity

In other news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the transaction, the insider now owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the transaction, the insider now owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the transaction, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The disclosure for this sale can be found here. Insiders sold a total of 56,311 shares of company stock valued at $8,274,640 in the last quarter. 1.30% of the stock is currently owned by company insiders.

Capital One Financial Stock Performance

COF traded up $1.30 on Friday, reaching $149.39. 1,794,848 shares of the stock were exchanged, compared to its average volume of 2,551,484. The company’s 50-day moving average price is $139.34 and its 200 day moving average price is $138.77. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $153.35. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market capitalization of $56.80 billion, a PE ratio of 11.70, a PEG ratio of 1.15 and a beta of 1.45.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The firm had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.57 billion. During the same period in the prior year, the firm posted $3.52 EPS. The business’s revenue was up 5.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Capital One Financial Co. will post 13.4 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Stockholders 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 annualized dividend and a dividend yield of 1.61%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

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.