Capital One Financial Co. (NYSE:COF) Stake Boosted by ANTIPODES PARTNERS Ltd

ANTIPODES PARTNERS Ltd grew its holdings in shares of Capital One Financial Co. (NYSE:COF) by 15.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 678,472 shares of the financial services provider’s stock after purchasing an additional 92,951 shares during the period. Capital One Financial accounts for 3.4% of ANTIPODES PARTNERS Ltd’s portfolio, making the stock its 12th biggest position. ANTIPODES PARTNERS Ltd owned approximately 0.18% of Capital One Financial worth $93,934,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of COF. Capital Research Global Investors boosted its stake in Capital One Financial by 72.8% in the first quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider’s stock valued at $3,145,761,000 after acquiring an additional 8,900,241 shares during the period. Norges Bank acquired a new position in Capital One Financial during the 4th quarter valued at approximately $409,831,000. Clearbridge Investments LLC grew its stake 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 worth $517,184,000 after buying an additional 549,665 shares during the last quarter. International Assets Investment Management LLC increased its position in Capital One Financial by 123.4% in the second quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider’s stock worth $107,016,000 after buying an additional 427,000 shares during the period. Finally, Panagora Asset Management Inc. lifted its stake in Capital One Financial by 5,968.2% in the fourth quarter. Panagora Asset Management Inc. now owns 418,404 shares of the financial services provider’s stock valued at $54,861,000 after buying an additional 411,509 shares during the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Price Performance

COF opened at $142.11 on Friday. The firm has a market capitalization of $54.03 billion, a P/E ratio of 11.13, a PEG ratio of 1.16 and a beta of 1.45. The stock has a fifty day moving average of $141.53 and a 200-day moving average of $140.39. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. Capital One Financial Co. has a 12-month low of $88.23 and a 12-month high of $153.35.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data 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). The business had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.52 earnings per share. Equities analysts forecast that Capital One Financial Co. will post 13.1 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial’s payout ratio is presently 18.79%.

Insider Buying and Selling at Capital One Financial

In other news, insider Robert M. Alexander sold 30,742 shares of the business’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares in the company, valued at approximately $11,060,100. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now owns 40,934 shares in the company, valued at $5,438,491.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the completion of the sale, the insider now owns 73,734 shares of the company’s stock, valued at $11,060,100. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

COF has been the topic of a number of analyst reports. Bank of America increased their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Evercore ISI dropped their price target on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research note on Tuesday, June 25th. BTIG Research initiated coverage on Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating for the company. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $150.00 target price on shares of Capital One Financial in a research note on Thursday, July 25th. Finally, Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and raised their price target for the company from $145.00 to $165.00 in a report on Thursday, June 6th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial has an average rating of “Hold” and an average target price of $145.89.

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.