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Banco Santander S.A. Purchases 16,996 Shares of Capital One Financial Corporation $COF
Banco Santander S.A. increased its stake in Capital One Financial Corporation by 23.3% in the third quarter, acquiring an additional 16,996 shares to reach a total of 89,916 shares valued at approximately $19.11 million. Several other institutional investors also adjusted their positions in Capital One, with significant boosts from Vanguard Group Inc., State Street Corp, and Geode Capital Management LLC. Despite missing consensus EPS estimates in its last quarterly report, Capital One maintains a “Moderate Buy” consensus rating from analysts, with an average price target of $274.70.