Southern Capital Advisors LLC Makes New $1.76 Million Investment in Capital One Financial Corporation (NYSE:COF)

Southern Capital Advisors LLC purchased a new position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,790 shares of the financial services provider's stock, valued at approximately $1,755,000. Capital One Financial accounts for approximately 1.0% of Southern Capital Advisors LLC's investment portfolio, making the stock its 22nd biggest holding.

A number of other large investors also recently made changes to their positions in the business. Norges Bank acquired a new position in Capital One Financial in the fourth quarter valued at $590,279,000. Lone Pine Capital LLC purchased a new stake in Capital One Financial in the 4th quarter valued at about $577,012,000. Egerton Capital UK LLP acquired a new position in shares of Capital One Financial during the 4th quarter valued at about $279,159,000. FMR LLC lifted its holdings in shares of Capital One Financial by 21.6% during the 4th quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock worth $1,440,449,000 after acquiring an additional 1,436,935 shares during the period. Finally, Meritage Group LP acquired a new stake in shares of Capital One Financial in the fourth quarter worth approximately $227,662,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on COF shares. Wells Fargo & Company upped their price target on shares of Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a research report on Thursday, April 24th. JPMorgan Chase & Co. dropped their price objective on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Royal Bank Of Canada set a $190.00 target price on Capital One Financial and gave the company a "sector perform" rating in a report on Monday, April 14th. BTIG Research upgraded Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price target for the company in a research note on Tuesday, March 25th. Finally, Barclays raised their price objective on Capital One Financial from $212.00 to $253.00 and gave the stock an "overweight" rating in a report on Monday. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $213.00.

Capital One Financial Stock Performance

COF stock traded up $1.80 during trading on Wednesday, reaching $208.16. 3,037,923 shares of the company's stock were exchanged, compared to its average volume of 3,581,981. The company's fifty day moving average price is $190.27 and its 200-day moving average price is $186.04. The firm has a market cap of $79.76 billion, a PE ratio of 17.48, a P/E/G ratio of 0.96 and a beta of 1.13. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 0.65. Capital One Financial Corporation has a 1-year low of $128.23 and a 1-year high of $210.67.

Capital One Financial (NYSE:COF - Get Free Report) last posted 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. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a net margin of 9.65% and a return on equity of 9.63%. On average, research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's dividend payout ratio (DPR) is presently 20.15%.

Insider Activity at Capital One Financial

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

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.