Vinva Investment Management Ltd Boosts Holdings in Capital One Financial Corporation $COF

Vinva Investment Management Ltd lifted its position in shares of Capital One Financial Corporation (NYSE:COF) by 36.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 89,401 shares of the financial services provider’s stock after buying an additional 23,849 shares during the period. Vinva Investment Management Ltd’s holdings in Capital One Financial were worth $18,865,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Eagle Bay Advisors LLC lifted its position in Capital One Financial by 3.6% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock valued at $299,000 after purchasing an additional 49 shares during the last quarter. Cantor Fitzgerald Investment Advisors L.P. lifted its holdings in Capital One Financial by 0.3% in the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock valued at $3,532,000 after acquiring an additional 50 shares during the last quarter. Atlantic Edge Private Wealth Management LLC boosted its position in shares of Capital One Financial by 66.7% during the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 50 shares in the last quarter. Culbertson A N & Co. Inc. boosted its position in shares of Capital One Financial by 0.4% during the 2nd quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock valued at $2,418,000 after purchasing an additional 50 shares in the last quarter. Finally, TFB Advisors LLC grew its stake in shares of Capital One Financial by 3.4% in the 1st quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider’s stock worth $276,000 after purchasing an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the topic of a number of recent analyst reports. Redburn Atlantic raised Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. BTIG Research reaffirmed a “buy” rating and set a $264.00 price objective on shares of Capital One Financial in a research note on Wednesday, October 22nd. Cowen reiterated a “buy” rating on shares of Capital One Financial in a report on Wednesday. The Goldman Sachs Group boosted their price target on shares of Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a report on Wednesday, October 22nd. Finally, Morgan Stanley increased their price objective on Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

Insider Transactions at Capital One Financial

In other news, insider Neal Blinde sold 43,200 shares of the stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $221.83, for a total value of $9,583,056.00. Following the transaction, the insider owned 73,020 shares of the company’s stock, valued at $16,198,026.60. This represents a 37.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Frank G. LapradeIii sold 17,840 shares of the company’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $222.03, for a total value of $3,961,015.20. Following the transaction, the insider directly owned 48,315 shares of the company’s stock, valued at $10,727,379.45. This represents a 26.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 274,013 shares of company stock valued at $61,045,903 over the last 90 days. 1.26% of the stock is currently owned by corporate insiders.

Capital One Financial Trading Up 1.5%

Shares of COF stock opened at $217.60 on Thursday. The firm has a market capitalization of $138.33 billion, a P/E ratio of 91.81, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45. The firm’s fifty day simple moving average is $216.00 and its 200 day simple moving average is $212.14. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45.

Capital One Financial (NYSE:COF) last issued its earnings results on Monday, November 3rd. The financial services provider reported $5.95 EPS for the quarter. The business had revenue of $15.46 billion during the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. As a group, sell-side analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 17th will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s payout ratio is currently 135.02%.

Capital One Financial Company 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.