Cooper Financial Group Has $1.12 Million Position in Capital One Financial Co. (NYSE:COF)

Cooper Financial Group increased its holdings in shares of Capital One Financial Co. (NYSE:COF) by 12.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,297 shares of the financial services provider’s stock after acquiring an additional 681 shares during the quarter. Cooper Financial Group’s holdings in Capital One Financial were worth $1,123,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its stake in shares of Capital One Financial by 10.0% in the second quarter. Private Advisor Group LLC now owns 7,793 shares of the financial services provider’s stock worth $1,079,000 after acquiring an additional 709 shares during the last quarter. DekaBank Deutsche Girozentrale grew its position in Capital One Financial by 8.9% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 91,521 shares of the financial services provider’s stock worth $12,262,000 after purchasing an additional 7,464 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Capital One Financial by 2.2% during the second quarter. Envestnet Asset Management Inc. now owns 555,597 shares of the financial services provider’s stock valued at $76,922,000 after buying an additional 11,960 shares during the last quarter. Brown Brothers Harriman & Co. lifted its stake in shares of Capital One Financial by 25.4% in the second quarter. Brown Brothers Harriman & Co. now owns 9,383 shares of the financial services provider’s stock valued at $1,299,000 after buying an additional 1,903 shares during the period. Finally, Angeles Investment Advisors LLC grew its position in Capital One Financial by 2.3% during the second quarter. Angeles Investment Advisors LLC now owns 4,311 shares of the financial services provider’s stock worth $597,000 after buying an additional 98 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Activity

In related news, insider Kara West sold 721 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the transaction, the insider now directly owns 12,929 shares in the company, valued at $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,007 shares of company stock valued at $4,982,647 over the last 90 days. 1.30% of the stock is owned by company insiders.

Capital One Financial Stock Performance

Capital One Financial stock opened at $180.39 on Tuesday. The stock has a 50-day simple moving average of $183.26 and a 200 day simple moving average of $159.21. The stock has a market capitalization of $68.77 billion, a price-to-earnings ratio of 17.03, a P/E/G ratio of 1.36 and a beta of 1.46. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 12-month low of $123.23 and a 12-month high of $198.30.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. Capital One Financial’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the business earned $4.45 earnings per share. On average, research analysts anticipate that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.33%. Capital One Financial’s payout ratio is currently 22.66%.

Analyst Ratings Changes

Several research firms have commented on COF. Evercore ISI upped their price target on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $203.00 to $200.00 in a research report on Monday, December 9th. The Goldman Sachs Group boosted their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Keefe, Bruyette & Woods raised their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Finally, Barclays raised shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $158.00 to $219.00 in a research note on Monday, January 6th. Eight investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $188.81.

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.