Rothschild Investment LLC Raises Stake in Capital One Financial Corporation $COF

Rothschild Investment LLC lifted its stake in Capital One Financial Corporation (NYSE:COF - Free Report) by 319.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,985 shares of the financial services provider's stock after purchasing an additional 3,034 shares during the period. Rothschild Investment LLC's holdings in Capital One Financial were worth $848,000 at the end of the most recent quarter.

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Other institutional investors also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC boosted its position in Capital One Financial by 588,668.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider's stock valued at $24,988,129,000 after buying an additional 117,427,549 shares during the period. Geode Capital Management LLC raised its stake in shares of Capital One Financial by 64.1% during the second quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider's stock valued at $2,970,628,000 after acquiring an additional 5,474,328 shares in the last quarter. Boston Partners purchased a new stake in shares of Capital One Financial in the second quarter valued at approximately $533,486,000. Diamond Hill Capital Management Inc. bought a new position in Capital One Financial in the first quarter worth approximately $381,848,000. Finally, Bank of New York Mellon Corp increased its holdings in Capital One Financial by 41.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,011,073 shares of the financial services provider's stock worth $1,491,676,000 after purchasing an additional 2,050,010 shares during the period. Hedge funds and other institutional investors own 89.84% of the company's stock.

Insiders Place Their Bets

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $219.41, for a total transaction of $438,820.00. Following the completion of the sale, the general counsel owned 96,486 shares in the company, valued at approximately $21,169,993.26. This represents a 2.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Frank G. LapradeIii sold 17,840 shares of the firm's stock in a transaction on 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 completion of the sale, the insider directly owned 48,315 shares of the company's stock, valued at $10,727,379.45. The trade was a 26.97% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 274,013 shares of company stock valued at $61,045,903. Company insiders own 1.26% of the company's stock.

Wall Street Analysts Forecast Growth

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A number of equities research analysts have weighed in on COF shares. Wells Fargo & Company lifted their target price on Capital One Financial from $225.00 to $265.00 and gave the company an "overweight" rating in a research report on Friday, July 25th. HSBC lifted their price objective on Capital One Financial from $218.00 to $234.00 and gave the company a "hold" rating in a report on Thursday, October 23rd. Rothschild & Co Redburn initiated coverage on shares of Capital One Financial in a report on Friday, August 1st. They set a "buy" rating and a $290.00 target price on the stock. JPMorgan Chase & Co. boosted their price target on shares of Capital One Financial from $235.00 to $237.00 and gave the company a "neutral" rating in a report on Wednesday, October 22nd. Finally, Robert W. Baird upped their price target on shares of Capital One Financial from $245.00 to $270.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 22nd. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Capital One Financial has an average rating of "Moderate Buy" and an average price target of $261.63.

Check Out Our Latest Report on Capital One Financial

Capital One Financial Price Performance

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COF opened at $201.35 on Tuesday. The firm has a market capitalization of $128.01 billion, a PE ratio of 84.96, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19. The business's 50-day moving average is $218.33 and its two-hundred day moving average is $211.33. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The business had revenue of $15.46 billion for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. Research analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 17th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.6%. This is a positive change from Capital One Financial's previous quarterly dividend of $0.60. The ex-dividend date is Monday, November 17th. Capital One Financial's payout ratio is 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.

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