5,688 Shares in Capital One Financial Co. (NYSE:COF) Acquired by Williams Financial LLC

Williams Financial LLC purchased a new position in shares of Capital One Financial Co. (NYSE:COF) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 5,688 shares of the financial services provider’s stock, valued at approximately $813,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Capital One Financial by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 30,893,408 shares of the financial services provider’s stock worth $4,599,720,000 after acquiring an additional 226,720 shares during the period. Capital Research Global Investors increased its stake in Capital One Financial by 72.8% during the 1st quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider’s stock worth $3,145,761,000 after acquiring an additional 8,900,241 shares during the period. Capital World Investors increased its stake in Capital One Financial by 2.1% during the 4th quarter. Capital World Investors now owns 14,991,564 shares of the financial services provider’s stock worth $1,965,761,000 after acquiring an additional 311,696 shares during the period. Pzena Investment Management LLC increased its stake in Capital One Financial by 1.6% during the 4th quarter. Pzena Investment Management LLC now owns 7,751,043 shares of the financial services provider’s stock worth $1,016,317,000 after acquiring an additional 124,055 shares during the period. Finally, Clearbridge Investments LLC increased its stake in 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 worth $517,184,000 after acquiring an additional 549,665 shares during the period. Institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. BTIG Research assumed coverage on Capital One Financial in a research note on Friday, June 7th. They set a “neutral” rating on the stock. Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and lifted their price target for the company from $145.00 to $165.00 in a research note on Thursday, June 6th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $150.00 price target on shares of Capital One Financial in a research note on Thursday, July 25th. JPMorgan Chase & Co. lifted their price target on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, July 8th. Finally, Bank of America lifted their price target 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 equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $145.89.

Insider Activity at Capital One Financial

In related news, insider Robert M. Alexander sold 30,742 shares of the company’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 transaction, 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 SEC, which can be accessed through this link. In related news, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Robert M. Alexander sold 30,742 shares of the company’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 value of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares in the company, valued at $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Trading Up 1.8 %

Shares of NYSE COF traded up $2.45 during trading on Friday, reaching $139.56. The company had a trading volume of 1,883,617 shares, compared to its average volume of 2,525,777. The company’s fifty day moving average price is $139.66 and its 200-day moving average price is $139.68. Capital One Financial Co. has a 12 month low of $88.23 and a 12 month high of $153.35. The stock has a market cap of $53.06 billion, a P/E ratio of 10.93, a PEG ratio of 1.13 and a beta of 1.45. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81.

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

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Monday, August 12th will be given a dividend of $0.60 per share. The ex-dividend date is Monday, August 12th. This represents a $2.40 annualized dividend and a dividend yield of 1.72%. Capital One Financial’s payout ratio is 18.79%.

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.