Whelan Financial Takes $459,000 Position in Capital One Financial Corporation (NYSE:COF)

Whelan Financial acquired a new stake in shares of 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 acquired 2,560 shares of the financial services provider's stock, valued at approximately $459,000.

Other institutional investors have also modified their holdings of the company. SBI Securities Co. Ltd. bought a new stake in Capital One Financial in the fourth quarter worth $32,000. Beacon Capital Management LLC lifted its holdings in shares of Capital One Financial by 118.3% in the 1st 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 last quarter. Murphy & Mullick Capital Management Corp purchased a new position in shares of Capital One Financial during the 4th quarter worth about $41,000. Rossby Financial LCC bought a new position in Capital One Financial during the 1st quarter valued at about $48,000. Finally, Bernard Wealth Management Corp. purchased a new stake in Capital One Financial in the 1st quarter worth about $54,000. 89.84% of the stock is owned by institutional investors.

Insider Activity

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on COF shares. Barclays reissued an "overweight" rating and set a $253.00 target price (up from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Royal Bank Of Canada set a $190.00 price target on Capital One Financial and gave the company a "sector perform" rating in a report on Monday, April 14th. Evercore ISI raised shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target for the company in a research report on Wednesday, March 12th. BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a research report on Tuesday, March 25th. Finally, Citigroup dropped their target price on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a research report on Monday, March 24th. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $215.86.

Capital One Financial Stock Performance

COF traded down $2.57 during trading on Monday, reaching $218.34. The company's stock had a trading volume of 674,348 shares, compared to its average volume of 4,588,080. The company's fifty day moving average price is $196.37 and its 200-day moving average price is $187.74. Capital One Financial Corporation has a 52-week low of $128.23 and a 52-week high of $221.95. The company has a market capitalization of $83.65 billion, a price-to-earnings ratio of 18.32, a price-to-earnings-growth ratio of 0.93 and a beta of 1.15. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 0.98.

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 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.31. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. On average, equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's dividend payout ratio is currently 20.15%.

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.