Lecap Asset Management Ltd. Purchases Shares of 7,631 Capital One Financial Co. (NYSE:COF)

Lecap Asset Management Ltd. acquired a new position in Capital One Financial Co. (NYSE:COF) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 7,631 shares of the financial services provider’s stock, valued at approximately $1,057,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Cantor Fitzgerald Investment Advisors L.P. bought a new position in shares of Capital One Financial during the 4th quarter valued at approximately $2,299,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in Capital One Financial by 21.4% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock valued at $4,093,000 after purchasing an additional 4,840 shares during the last quarter. Twin Tree Management LP grew its stake in shares of Capital One Financial by 5.6% in the 1st quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock worth $10,200,000 after buying an additional 3,609 shares in the last quarter. Montag A & Associates Inc. raised its position in shares of Capital One Financial by 42,536.0% during the 4th quarter. Montag A & Associates Inc. now owns 21,318 shares of the financial services provider’s stock valued at $2,795,000 after buying an additional 21,268 shares in the last quarter. Finally, Clear Harbor Asset Management LLC bought a new position in shares of Capital One Financial in the 2nd quarter valued at about $511,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on COF. JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, July 8th. Bank of America upped their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Evercore ISI decreased their price target on shares of 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. Royal Bank of Canada reissued a “sector perform” rating and issued a $150.00 price objective on shares of Capital One Financial in a research note on Thursday, July 25th. Finally, BTIG Research started coverage on Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating for the company. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $145.89.

Insider Activity at Capital One Financial

In other news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction on 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 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 filing with the SEC, which is available through the SEC website. In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at $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 sale, the insider now owns 73,734 shares of the company’s stock, valued at approximately $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 Down 1.3 %

Shares of COF stock traded down $1.79 on Wednesday, hitting $139.72. 1,386,511 shares of the stock traded hands, compared to its average volume of 2,503,883. Capital One Financial Co. has a twelve month low of $88.23 and a twelve month high of $153.35. The firm’s 50-day moving average price is $139.87 and its two-hundred day moving average price is $139.77. The stock has a market capitalization of $53.12 billion, a PE ratio of 10.94, a PEG ratio of 1.13 and a beta of 1.45. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00.

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 the consensus estimate of $3.28 by ($0.14). The firm had revenue of $9.51 billion for 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 company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.52 earnings per share. As a group, analysts anticipate that Capital One Financial Co. will post 13.17 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 23rd. Shareholders of record on Monday, August 12th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, August 12th. This represents a $2.40 annualized dividend and a yield of 1.72%. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

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.