Bank of Montreal Can Boosts Holdings in Capital One Financial Co. (NYSE:COF)

Bank of Montreal Can grew its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 10.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 558,171 shares of the financial services provider's stock after purchasing an additional 53,837 shares during the period. Bank of Montreal Can owned approximately 0.15% of Capital One Financial worth $77,290,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of COF. Capital Research Global Investors lifted its holdings in shares of Capital One Financial by 72.8% in the first quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider's stock worth $3,145,761,000 after buying an additional 8,900,241 shares in the last quarter. Clearbridge Investments LLC grew its position in shares of Capital One Financial by 18.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,473,596 shares of the financial services provider's stock valued at $517,184,000 after purchasing an additional 549,665 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of Capital One Financial by 123.4% in the second quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider's stock worth $107,016,000 after purchasing an additional 427,000 shares during the period. Capital World Investors raised its position in shares of Capital One Financial by 2.1% in the fourth quarter. Capital World Investors now owns 14,991,564 shares of the financial services provider's stock worth $1,965,761,000 after buying an additional 311,696 shares in the last quarter. Finally, Commerce Bank boosted its stake in Capital One Financial by 2,119.5% during the first quarter. Commerce Bank now owns 307,842 shares of the financial services provider's stock valued at $45,835,000 after buying an additional 293,972 shares during the period. 89.84% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Robert M. Alexander sold 30,742 shares of the business's stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the sale, the insider now owns 73,734 shares of the company's stock, valued at $11,060,100. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the sale, the chief executive officer now directly owns 40,934 shares of the company's stock, valued at approximately $5,438,491.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of the business's stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the completion of the transaction, the insider now owns 73,734 shares of the company's stock, valued at $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

Capital One Financial Trading Down 2.6 %

Shares of COF opened at $147.35 on Wednesday. Capital One Financial Co. has a 1-year low of $88.23 and a 1-year high of $154.18. The firm has a market capitalization of $56.27 billion, a price-to-earnings ratio of 11.54, a PEG ratio of 1.21 and a beta of 1.44. The firm's 50-day moving average price is $142.64 and its 200-day moving average price is $141.10. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing the consensus estimate of $3.28 by ($0.14). The firm had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The company's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.52 earnings per share. Sell-side analysts anticipate that Capital One Financial Co. will post 12.91 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial's dividend payout ratio is presently 18.79%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. BTIG Research assumed coverage on Capital One Financial in a report on Friday, June 7th. They issued a "neutral" rating on the stock. Royal Bank of Canada reiterated a "sector perform" rating and set a $150.00 target price on shares of Capital One Financial in a research report on Thursday, July 25th. Jefferies Financial Group upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating and raised their price objective for the company from $145.00 to $165.00 in a research report on Thursday, June 6th. Evercore ISI cut their target price on shares of Capital One Financial from $155.00 to $154.00 and set an "in-line" rating for the company in a research report on Tuesday, June 25th. Finally, JPMorgan Chase & Co. lifted their price target on Capital One Financial from $148.00 to $155.00 and gave the stock a "neutral" rating in a research note on Monday, July 8th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Capital One Financial has a consensus rating of "Hold" and a consensus target price of $147.21.

About Capital One Financial

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.