Bailard Inc. Buys 1,328 Shares of Capital One Financial Corporation (NYSE:COF)

Bailard Inc. increased its position in Capital One Financial Corporation (NYSE:COF - Free Report) by 3.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,331 shares of the financial services provider's stock after buying an additional 1,328 shares during the quarter. Bailard Inc.'s holdings in Capital One Financial were worth $7,590,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in COF. Beacon Capital Management LLC increased its stake in shares of 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 buying an additional 97 shares during the period. Murphy & Mullick Capital Management Corp bought a new stake in Capital One Financial in the fourth quarter valued at $41,000. Bogart Wealth LLC boosted its holdings 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 valued at $46,000 after acquiring an additional 243 shares in the last quarter. Rossby Financial LCC bought a new stake in Capital One Financial in the first quarter valued at $48,000. Finally, Bernard Wealth Management Corp. bought a new stake in Capital One Financial in the first quarter valued at $54,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Ann F. Hackett sold 1,658 shares of the business's stock in a transaction 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 sale, the director 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the business's stock in a transaction 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 completion of the sale, the insider owned 20,089 shares in the company, valued at $4,005,746.60. This represents a 32.24% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.26% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on COF. Truist Financial lifted their price target on Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research report on Friday, April 25th. 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 report on Monday, March 24th. TD Cowen upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating and boosted their target price for the company from $184.00 to $258.00 in a report on Tuesday, July 8th. Wells Fargo & Company boosted their target price on shares of Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Capital One Financial from $232.00 to $248.00 and gave the company an "outperform" rating in a report on Wednesday, July 9th. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $222.07.

Capital One Financial Stock Performance

Shares of NYSE COF traded up $1.35 during midday trading on Thursday, hitting $217.97. 3,584,304 shares of the company's stock traded hands, compared to its average volume of 3,627,461. Capital One Financial Corporation has a 1 year low of $128.23 and a 1 year high of $221.95. The stock has a market capitalization of $83.51 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 0.90 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. The firm has a fifty day moving average of $201.81 and a 200 day moving average of $189.72.

Capital One Financial (NYSE:COF - Get Free Report) last released its 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 company had revenue of $10 billion during 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, analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

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

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.