Capital One Financial Co. (NYSE:COF) Shares Purchased by Atria Investments Inc

Atria Investments Inc boosted its stake in Capital One Financial Co. (NYSE:COF) by 10.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,015 shares of the financial services provider’s stock after buying an additional 3,721 shares during the period. Atria Investments Inc’s holdings in Capital One Financial were worth $5,660,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. LRI Investments LLC acquired a new stake in Capital One Financial in the first quarter worth $25,000. Silicon Valley Capital Partners acquired a new stake in Capital One Financial in the first quarter worth $25,000. Householder Group Estate & Retirement Specialist LLC increased its position in Capital One Financial by 1,658.3% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after buying an additional 199 shares during the period. Rise Advisors LLC bought a new position in shares of Capital One Financial in the first quarter worth $33,000. Finally, Bartlett & CO. Wealth Management LLC grew its stake in shares of Capital One Financial by 726.7% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Down 5.4 %

Capital One Financial stock traded down $7.77 during mid-day trading on Friday, hitting $136.12. The company’s stock had a trading volume of 3,542,499 shares, compared to its average volume of 2,715,373. The firm’s 50 day moving average is $140.09 and its 200 day moving average is $139.37. The company has a market cap of $51.75 billion, a PE ratio of 10.66, a price-to-earnings-growth ratio of 1.13 and a beta of 1.45. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $153.35.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). The business had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the company posted $3.52 earnings per share. On average, analysts anticipate that Capital One Financial Co. will post 13.17 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 23rd. Stockholders of record on Monday, August 12th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date is Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Analyst Ratings Changes

COF has been the subject of several recent analyst reports. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and increased their price target for the stock from $145.00 to $165.00 in a research note on Thursday, June 6th. BTIG Research initiated coverage on Capital One Financial in a research note on Friday, June 7th. They issued a “neutral” rating for the company. Evercore ISI decreased their price target on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. JPMorgan Chase & Co. increased 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. Finally, Bank of America raised their target price on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $145.89.

Insider Transactions at Capital One Financial

In other news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction dated 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 sale, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Celia Karam sold 16,913 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the sale, the insider now directly owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the sale, the insider now directly owns 73,734 shares of the company’s stock, valued at $11,060,100. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Capital One Financial 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.