Varma Mutual Pension Insurance coverage Co trimmed its holdings in shares of Capital One Monetary Co. (NYSE:COF) by 5.3% within the 2nd quarter, HoldingsChannel.com stories. The institutional investor owned 111,136 shares of the monetary companies supplier’s inventory after promoting 6,164 shares through the interval. Varma Mutual Pension Insurance coverage Co’s holdings in Capital One Monetary have been value $15,387,000 on the finish of the newest quarter.
A number of different institutional buyers have additionally added to or diminished their stakes within the enterprise. Vanguard Group Inc. lifted its holdings in Capital One Monetary by 0.7% within the first quarter. Vanguard Group Inc. now owns 30,893,408 shares of the monetary companies supplier’s inventory value $4,599,720,000 after shopping for a further 226,720 shares through the interval. Capital Analysis World Buyers elevated its stake in shares of Capital One Monetary by 72.8% through the first quarter. Capital Analysis World Buyers now owns 21,128,089 shares of the monetary companies supplier’s inventory valued at $3,145,761,000 after buying a further 8,900,241 shares within the final quarter. Capital World Buyers elevated its stake in shares of Capital One Monetary by 2.1% through the fourth quarter. Capital World Buyers now owns 14,991,564 shares of the monetary companies supplier’s inventory valued at $1,965,761,000 after buying a further 311,696 shares within the final quarter. Pzena Funding Administration LLC elevated its stake in shares of Capital One Monetary by 1.6% through the fourth quarter. Pzena Funding Administration LLC now owns 7,751,043 shares of the monetary companies supplier’s inventory valued at $1,016,317,000 after buying a further 124,055 shares within the final quarter. Lastly, Clearbridge Investments LLC elevated its stake in shares of Capital One Monetary by 18.8% through the first quarter. Clearbridge Investments LLC now owns 3,473,596 shares of the monetary companies supplier’s inventory valued at $517,184,000 after buying a further 549,665 shares within the final quarter. 89.84% of the inventory is at the moment owned by hedge funds and different institutional buyers.
Capital One Monetary Buying and selling Down 2.2 %
NYSE:COF opened at $139.00 on Monday. The corporate has a present ratio of 1.00, a fast ratio of 1.00 and a debt-to-equity ratio of 0.81. Capital One Monetary Co. has a 12 month low of $88.23 and a 12 month excessive of $153.35. The corporate has a market cap of $53.08 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 1.10 and a beta of 1.44. The corporate has a 50 day easy shifting common of $141.55 and a two-hundred day easy shifting common of $140.46.
Capital One Monetary (NYSE:COF – Get Free Report) final posted its earnings outcomes on Tuesday, July twenty third. The monetary companies supplier reported $3.14 EPS for the quarter, lacking analysts’ consensus estimates of $3.28 by ($0.14). The corporate had income of $9.51 billion through the quarter, in comparison with the consensus estimate of $9.57 billion. Capital One Monetary had a return on fairness of 9.31% and a web margin of 9.01%. The corporate’s income for the quarter was up 5.5% on a year-over-year foundation. Throughout the identical interval final 12 months, the agency posted $3.52 EPS. Analysis analysts forecast that Capital One Monetary Co. will submit 13.1 earnings per share for the present 12 months.
Capital One Monetary Pronounces Dividend
The agency additionally just lately declared a quarterly dividend, which was paid on Friday, August twenty third. Stockholders of file on Monday, August twelfth have been paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend was Monday, August twelfth. Capital One Monetary’s dividend payout ratio is presently 18.79%.
Insider Transactions at Capital One Monetary
In different information, insider Robert M. Alexander offered 30,742 shares of Capital One Monetary inventory in a transaction on Wednesday, July seventeenth. The shares have been offered at a mean value of $150.00, for a complete transaction of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares within the firm, valued at roughly $11,060,100. The sale was disclosed in a submitting with the Securities & Change Fee, which is out there at this hyperlink. In different information, insider Robert M. Alexander offered 30,742 shares of Capital One Monetary inventory in a transaction on Wednesday, July seventeenth. The shares have been offered at a mean value of $150.00, for a complete transaction of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares within the firm, valued at roughly $11,060,100. The sale was disclosed in a submitting with the Securities & Change Fee, which is out there at this hyperlink. Additionally, CEO Kevin S. Borgmann offered 61,532 shares of Capital One Monetary inventory in a transaction on Tuesday, August sixth. The shares have been offered at a mean value of $132.86, for a complete transaction of $8,175,141.52. Following the transaction, the chief govt officer now owns 40,934 shares within the firm, valued at roughly $5,438,491.24. The disclosure for this sale might be discovered right here. Company insiders personal 1.30% of the corporate’s inventory.
Analyst Scores Adjustments
A lot of brokerages have weighed in on COF. Financial institution of America raised their goal value on shares of Capital One Monetary from $158.00 to $161.00 and gave the corporate a “purchase” ranking in a analysis be aware on Wednesday, July twenty fourth. Royal Financial institution of Canada reaffirmed a “sector carry out” ranking and set a $150.00 goal value on shares of Capital One Monetary in a analysis be aware on Thursday, July twenty fifth. JPMorgan Chase & Co. raised their value goal on shares of Capital One Monetary from $148.00 to $155.00 and gave the corporate a “impartial” ranking in a analysis report on Monday, July eighth. Evercore ISI diminished their value goal on shares of Capital One Monetary from $155.00 to $154.00 and set an “in-line” ranking for the corporate in a analysis report on Tuesday, June twenty fifth. Lastly, BTIG Analysis assumed protection on shares of Capital One Monetary in a analysis report on Friday, June seventh. They set a “impartial” ranking for the corporate. One equities analysis analyst has rated the inventory with a promote ranking, 13 have issued a maintain ranking and 7 have issued a purchase ranking to the corporate’s inventory. Primarily based on knowledge from MarketBeat, the inventory presently has a mean ranking of “Maintain” and a consensus value goal of $145.89.
View Our Newest Evaluation on Capital One Monetary
Capital One Monetary Firm Profile
Capital One Monetary Company operates because the monetary companies holding firm for the Capital One, Nationwide Affiliation, which engages within the provision of assorted monetary services in the USA, Canada, and the UK. It operates by three segments: Credit score Card, Client Banking, and Business Banking.
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