Trust Co. of Vermont bought a new stake in Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 19,357 shares of the financial services provider’s stock, valued at approximately $3,883,000.
A number of other institutional investors have also recently bought and sold shares of the business. Focused Wealth Management Inc bought a new stake in Capital One Financial in the second quarter valued at about $211,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Capital One Financial by 4.7% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,494,454 shares of the financial services provider’s stock worth $299,817,000 after acquiring an additional 67,540 shares during the last quarter. OneDigital Investment Advisors LLC increased its stake in Capital One Financial by 51.1% in the second quarter. OneDigital Investment Advisors LLC now owns 6,684 shares of the financial services provider’s stock valued at $1,341,000 after purchasing an additional 2,259 shares in the last quarter. Roman Butler Fullerton & Co. increased its stake in Capital One Financial by 4.9% in the second quarter. Roman Butler Fullerton & Co. now owns 4,488 shares of the financial services provider’s stock valued at $911,000 after purchasing an additional 210 shares in the last quarter. Finally, Simplicity Wealth LLC raised its holdings in Capital One Financial by 22.0% in the second quarter. Simplicity Wealth LLC now owns 5,230 shares of the financial services provider’s stock worth $1,049,000 after purchasing an additional 943 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.
Insider Buying and Selling at Capital One Financial
In other news, CAO Timothy P. Golden sold 3,487 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $211.00, for a total value of $735,757.00. Following the sale, the chief accounting officer owned 7,429 shares of the company’s stock, valued at $1,567,519. The trade was a 31.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Ravi Raghu sold 9,726 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the completion of the transaction, the insider directly owned 26,328 shares of the company’s stock, valued at approximately $5,523,087.84. This trade represents a 26.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 22,186 shares of company stock worth $4,697,301. Company insiders own 0.78% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on COF
Capital One Financial Stock Performance
Shares of Capital One Financial stock opened at $221.77 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a market cap of $136.05 billion, a price-to-earnings ratio of 13.72, a price-to-earnings-growth ratio of 0.84 and a beta of 1.02. The stock’s 50-day moving average is $205.76 and its 200-day moving average is $198.08. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64.
Capital One Financial (NYSE:COF – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.79 by $1.02. The business had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.Capital One Financial’s quarterly revenue was up 26.9% on a year-over-year basis. During the same period last year, the company earned $5.48 earnings per share. Equities analysts predict that Capital One Financial Corporation will post 20.19 earnings per share for the current fiscal year.
Capital One Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be issued a $0.80 dividend. The ex-dividend date is Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.4%. Capital One Financial’s dividend payout ratio (DPR) is 19.80%.
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.
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