1,258 Shares in Capital One Financial Corporation (NYSE:COF) Purchased by Fiduciary Family Office LLC

Key Points

• Fiduciary Family Office LLC has purchased 1,258 shares of Capital One Financial Corporation, valued at approximately $226,000, during the first quarter.
• Capital One reported an impressive $5.48 EPS for the last quarter, outperforming the consensus estimate of $1.93 by a margin of $3.55.
• The company declared a quarterly dividend of $0.60 per share, with an annualized yield of 1.2%, set to be paid on September 2nd.

Fiduciary Family Office LLC purchased a new position in Capital One Financial Corporation (NYSE:COF - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,258 shares of the financial services provider's stock, valued at approximately $226,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Beacon Capital Management LLC lifted its stake in Capital One Financial by 118.3% in the first quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock worth $32,000 after acquiring an additional 97 shares during the period. Bogart Wealth LLC lifted its stake in Capital One Financial by 1,518.8% in the first quarter. Bogart Wealth LLC now owns 259 shares of the financial services provider's stock worth $46,000 after acquiring an additional 243 shares during the period. Motco lifted its stake in Capital One Financial by 115.1% in the first quarter. Motco now owns 256 shares of the financial services provider's stock worth $46,000 after acquiring an additional 137 shares during the period. Rossby Financial LCC purchased a new stake in Capital One Financial in the first quarter worth about $48,000. Finally, Bernard Wealth Management Corp. purchased a new stake in Capital One Financial in the first quarter worth about $54,000. 89.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Capital One Financial

In other news, insider Michael Zamsky sold 5,515 shares of Capital One Financial stock in a transaction on Monday, August 4th. The stock was sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the transaction, the insider owned 27,364 shares in the company, valued at $5,735,220.76. The trade was a 16.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Timothy P. Golden sold 3,462 shares of Capital One Financial stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total value of $727,989.36. Following the transaction, the chief accounting officer owned 8,987 shares in the company, valued at approximately $1,889,786.36. This represents a 27.81% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 19,091 shares of company stock worth $4,188,454. Corporate insiders own 1.26% of the company's stock.

Capital One Financial Stock Performance

Shares of NYSE COF traded up $2.72 during midday trading on Thursday, reaching $219.69. 1,399,036 shares of the stock were exchanged, compared to its average volume of 4,456,095. The firm has a market cap of $140.50 billion, a price-to-earnings ratio of 112.61, a PEG ratio of 0.85 and a beta of 1.16. Capital One Financial Corporation has a twelve month low of $131.55 and a twelve month high of $232.45. The firm has a 50-day simple moving average of $210.24 and a two-hundred day simple moving average of $193.51. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion for the quarter, compared to analysts' expectations of $12.72 billion. During the same quarter last year, the business earned $3.14 EPS. The company's quarterly revenue was up 31.4% on a year-over-year basis. As a group, analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be issued a $0.60 dividend. The ex-dividend date is Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. Capital One Financial's dividend payout ratio (DPR) is presently 123.08%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on COF shares. Wells Fargo & Company upped their price objective on shares of Capital One Financial from $225.00 to $265.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Redburn Atlantic raised shares of Capital One Financial to a "strong-buy" rating in a research report on Friday, August 1st. Citigroup increased their price target on shares of Capital One Financial from $250.00 to $275.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Bank of America increased their price target on shares of Capital One Financial from $223.00 to $233.00 and gave the company a "buy" rating in a research report on Wednesday, May 21st. Finally, JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $245.00 to $248.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Five investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, Capital One Financial has a consensus rating of "Moderate Buy" and an average target price of $238.81.

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.