Vanguard Personalized Indexing Management LLC Grows Stake in Capital One Financial Co. (NYSE:COF)

Vanguard Personalized Indexing Management LLC increased its holdings in Capital One Financial Co. (NYSE:COF) by 11.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,178 shares of the financial services provider’s stock after buying an additional 3,809 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Capital One Financial were worth $5,273,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Capital Research Global Investors boosted its position in shares of Capital One Financial by 72.8% during the 1st 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 last quarter. Clearbridge Investments LLC raised its stake in Capital One Financial by 18.8% in the first 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. International Assets Investment Management LLC lifted its position in Capital One Financial by 123.4% during the second quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider’s stock valued at $107,016,000 after purchasing an additional 427,000 shares during the last quarter. Capital World Investors grew its stake in Capital One Financial by 2.1% in the 4th quarter. Capital World Investors now owns 14,991,564 shares of the financial services provider’s stock worth $1,965,761,000 after buying an additional 311,696 shares in the last quarter. Finally, Commerce Bank increased its holdings in shares of Capital One Financial by 2,119.5% in the 1st quarter. Commerce Bank now owns 307,842 shares of the financial services provider’s stock worth $45,835,000 after buying an additional 293,972 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Activity

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

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Bank of America lifted 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. Royal Bank of Canada reiterated a “sector perform” rating and issued a $150.00 price objective on shares of Capital One Financial in a report on Thursday, July 25th. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a report on Monday, July 8th. Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and boosted their target price for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. Finally, Evercore ISI reduced 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 report on Tuesday, June 25th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $145.89.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $145.43 on Thursday. The firm has a market cap of $55.29 billion, a PE ratio of 11.39, a price-to-earnings-growth ratio of 1.08 and a beta of 1.44. The company’s fifty day simple moving average is $142.00 and its two-hundred day simple moving average is $140.68. 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 posted its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). The business had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business earned $3.52 earnings per share. As a group, equities analysts expect that Capital One Financial Co. will post 13.1 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were given a $0.60 dividend. The ex-dividend date was Monday, August 12th. This represents a $2.40 annualized dividend and a dividend yield of 1.65%. Capital One Financial’s dividend payout ratio is 18.79%.

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.