Capital One Financial Co. (NYSE:COF) Shares Bought by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise raised its holdings in Capital One Financial Co. (NYSE:COF) by 78.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,404 shares of the financial services provider’s stock after purchasing an additional 5,000 shares during the period. Banque Cantonale Vaudoise’s holdings in Capital One Financial were worth $1,247,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Cetera Investment Advisers increased its position in Capital One Financial by 25.3% in the first quarter. Cetera Investment Advisers now owns 7,940 shares of the financial services provider’s stock worth $1,042,000 after buying an additional 1,601 shares during the period. Moors & Cabot Inc. increased its position in Capital One Financial by 9.2% in the first quarter. Moors & Cabot Inc. now owns 3,979 shares of the financial services provider’s stock worth $522,000 after buying an additional 335 shares during the period. Sequoia Financial Advisors LLC increased its position in Capital One Financial by 11.4% in the first quarter. Sequoia Financial Advisors LLC now owns 2,959 shares of the financial services provider’s stock worth $388,000 after buying an additional 303 shares during the period. Candriam Luxembourg S.C.A. increased its position in Capital One Financial by 4.1% in the first quarter. Candriam Luxembourg S.C.A. now owns 43,094 shares of the financial services provider’s stock worth $5,658,000 after buying an additional 1,698 shares during the period. Finally, Baird Financial Group Inc. increased its position in Capital One Financial by 4.2% in the first quarter. Baird Financial Group Inc. now owns 25,248 shares of the financial services provider’s stock worth $3,315,000 after buying an additional 1,008 shares during the period. 90.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on COF shares. Morgan Stanley lifted their price objective on shares of Capital One Financial from $86.00 to $87.00 and gave the company an “underweight” rating in a research note on Friday, October 27th. JPMorgan Chase & Co. cut their price objective on shares of Capital One Financial from $131.00 to $109.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 17th. Stephens lifted their price objective on shares of Capital One Financial from $80.00 to $87.00 in a research note on Friday, July 21st. Citigroup cut their price objective on shares of Capital One Financial from $130.00 to $126.00 and set a “buy” rating on the stock in a research note on Friday, October 6th. Finally, Bank of America dropped their price target on shares of Capital One Financial from $116.00 to $111.00 in a research report on Thursday, October 5th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Capital One Financial currently has an average rating of “Hold” and a consensus price target of $106.36.

Capital One Financial Price Performance

NYSE COF opened at $107.01 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.91. Capital One Financial Co. has a 1 year low of $83.93 and a 1 year high of $123.09. The stock’s 50-day moving average price is $98.44 and its two-hundred day moving average price is $103.27. The company has a market cap of $40.75 billion, a PE ratio of 8.04, a PEG ratio of 1.89 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, October 26th. The financial services provider reported $4.45 earnings per share for the quarter, beating the consensus estimate of $3.35 by $1.10. Capital One Financial had a return on equity of 9.77% and a net margin of 11.43%. The company had revenue of $9.37 billion for the quarter, compared to analysts’ expectations of $9.21 billion. During the same quarter in the previous year, the business posted $4.20 EPS. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. On average, analysts predict that Capital One Financial Co. will post 12.41 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Shareholders of record on Monday, November 13th will be paid a dividend of $0.60 per share. The ex-dividend date is Friday, November 10th. This represents a $2.40 annualized dividend and a yield of 2.24%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.03%.

Insider Buying and Selling at Capital One Financial

In related news, CEO Richard D. Fairbank sold 3,890 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $105.76, for a total value of $411,406.40. Following the completion of the sale, the chief executive officer now owns 3,848,412 shares of the company’s stock, valued at approximately $407,008,053.12. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, CEO Richard D. Fairbank sold 3,891 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $102.00, for a total value of $396,882.00. Following the completion of the sale, the chief executive officer now owns 3,848,412 shares of the company’s stock, valued at approximately $392,538,024. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Richard D. Fairbank sold 3,890 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $105.76, for a total value of $411,406.40. Following the completion of the sale, the chief executive officer now directly owns 3,848,412 shares of the company’s stock, valued at approximately $407,008,053.12. The disclosure for this sale can be found here. Insiders have sold a total of 15,563 shares of company stock valued at $1,608,745 in the last 90 days. 1.41% of the stock is currently owned by corporate insiders.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides 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.