ProShare Advisors LLC Acquires 5,686 Shares of Capital One Financial Co. (NYSE:COF)

ProShare Advisors LLC boosted its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 7.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,346 shares of the financial services provider's stock after purchasing an additional 5,686 shares during the period. ProShare Advisors LLC's holdings in Capital One Financial were worth $15,397,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. Barclays PLC grew its position in shares of Capital One Financial by 2.9% in the 3rd quarter. Barclays PLC now owns 1,042,273 shares of the financial services provider's stock valued at $156,058,000 after acquiring an additional 29,416 shares during the period. Oak Thistle LLC bought a new stake in shares of Capital One Financial during the 4th quarter worth about $313,000. Park Avenue Securities LLC boosted its holdings in shares of Capital One Financial by 20.0% during the 4th quarter. Park Avenue Securities LLC now owns 24,679 shares of the financial services provider's stock worth $4,401,000 after buying an additional 4,119 shares during the period. USA Financial Formulas bought a new stake in shares of Capital One Financial during the 4th quarter worth about $242,000. Finally, Decker Retirement Planning Inc. bought a new stake in shares of Capital One Financial during the 4th quarter worth about $32,000. Institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Performance

COF stock traded down $1.51 during mid-day trading on Tuesday, hitting $195.90. The company had a trading volume of 5,236,035 shares, compared to its average volume of 3,386,064. The firm has a market cap of $75.06 billion, a PE ratio of 16.90, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The stock's fifty day moving average price is $176.22 and its two-hundred day moving average price is $184.17.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping analysts' consensus estimates of $3.75 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. On average, analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be paid a $0.60 dividend. The ex-dividend date is Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.23%. Capital One Financial's dividend payout ratio (DPR) is 20.15%.

Insider Activity

In other Capital One Financial news, insider Michael Zamsky sold 9,560 shares of the company's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $199.40, for a total value of $1,906,264.00. Following the completion of the transaction, the insider now directly owns 20,089 shares in the company, valued at approximately $4,005,746.60. This represents a 32.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ann F. Hackett sold 1,658 shares of the company's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the completion of the transaction, the director now owns 56,244 shares of the company's stock, valued at $11,175,682.80. This trade represents a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on COF. Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their price objective for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price target for the company in a report on Tuesday, March 25th. Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price on the stock in a research report on Wednesday, March 12th. Baird R W upgraded shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Finally, Barclays raised their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, January 22nd. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Capital One Financial presently has an average rating of "Moderate Buy" and a consensus price target of $207.73.

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.