J. Safra Sarasin Holding AG Purchases 2,899 Shares of Capital One Financial Corporation $COF

J. Safra Sarasin Holding AG grew its position in Capital One Financial Corporation (NYSE:COF) by 2.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 140,340 shares of the financial services provider’s stock after purchasing an additional 2,899 shares during the period. J. Safra Sarasin Holding AG’s holdings in Capital One Financial were worth $25,579,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Swiss Life Asset Management Ltd grew its stake in Capital One Financial by 16.4% in the third quarter. Swiss Life Asset Management Ltd now owns 104,192 shares of the financial services provider’s stock valued at $22,149,000 after acquiring an additional 14,700 shares during the period. Wealth Enhancement Trust Services Inc. acquired a new stake in shares of Capital One Financial during the fourth quarter worth about $1,303,000. HighTower Advisors LLC raised its position in shares of Capital One Financial by 18.1% during the fourth quarter. HighTower Advisors LLC now owns 353,767 shares of the financial services provider’s stock worth $85,739,000 after purchasing an additional 54,263 shares during the period. Nordea Investment Management AB lifted its holdings in shares of Capital One Financial by 239.5% during the 4th quarter. Nordea Investment Management AB now owns 265,062 shares of the financial services provider’s stock valued at $64,654,000 after purchasing an additional 186,988 shares in the last quarter. Finally, Global X Japan Co. Ltd. grew its position in shares of Capital One Financial by 958.9% in the 4th quarter. Global X Japan Co. Ltd. now owns 36,192 shares of the financial services provider’s stock valued at $8,771,000 after purchasing an additional 32,774 shares during the period. 89.84% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total value of $728,000.00. Following the sale, the general counsel directly owned 90,194 shares in the company, valued at approximately $18,760,352. The trade was a 3.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the sale, the insider directly owned 61,579 shares in the company, valued at $11,858,883.82. This trade represents a 2.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 8,749 shares of company stock valued at $1,708,577. 0.78% of the stock is owned by insiders.

Capital One Financial Trading Down 0.0%

NYSE:COF opened at $201.42 on Monday. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46. The business has a 50 day moving average price of $191.87 and a two-hundred day moving average price of $203.09. The company has a market cap of $125.34 billion, a P/E ratio of 70.68, a price-to-earnings-growth ratio of 0.73 and a beta of 1.02.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The business had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. During the same quarter last year, the business earned $4.06 earnings per share. Capital One Financial’s revenue for the quarter was up 52.3% on a year-over-year basis. As a group, analysts expect that Capital One Financial Corporation will post 19.55 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were given a $0.80 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. Capital One Financial’s dividend payout ratio (DPR) is 112.28%.

Analyst Ratings Changes

COF has been the subject of a number of research reports. The Goldman Sachs Group lowered their target price on Capital One Financial from $300.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. UBS Group upped their price target on shares of Capital One Financial from $270.00 to $275.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Barclays set a $242.00 price objective on shares of Capital One Financial in a research report on Tuesday, July 7th. TD Cowen dropped their price objective on shares of Capital One Financial from $260.00 to $253.00 and set a “buy” rating on the stock in a report on Tuesday, July 7th. Finally, JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Twenty research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $258.55.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.