Blair William & Co. IL Raises Position in Capital One Financial Corporation (NYSE:COF)

Blair William & Co. IL increased its holdings in Capital One Financial Corporation (NYSE:COF) by 247.4% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 80,383 shares of the financial services provider's stock after buying an additional 57,246 shares during the period. Blair William & Co. IL's holdings in Capital One Financial were worth $14,413,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Beacon Capital Management LLC increased 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 valued at $32,000 after acquiring an additional 97 shares during the last quarter. Motco lifted its holdings 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 buying an additional 137 shares during the period. Bogart Wealth LLC lifted its holdings in shares of Capital One Financial by 1,518.8% during the first quarter. Bogart Wealth LLC now owns 259 shares of the financial services provider's stock valued at $46,000 after purchasing an additional 243 shares during the last quarter. Rossby Financial LCC purchased a new position in shares of Capital One Financial during the first quarter valued at approximately $48,000. Finally, Bernard Wealth Management Corp. bought a new stake in shares of Capital One Financial during the first quarter valued at approximately $54,000. Institutional investors own 89.84% of the company's stock.

Capital One Financial Trading Up 1.6%

NYSE:COF opened at $210.89 on Tuesday. 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 Corporation has a 52 week low of $128.23 and a 52 week high of $232.45. The stock has a market capitalization of $80.80 billion, a price-to-earnings ratio of 108.15, a PEG ratio of 0.82 and a beta of 1.16. The firm has a 50 day moving average of $207.44 and a 200 day moving average of $192.79.

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

Capital One Financial Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Keefe, Bruyette & Woods lifted their target price on shares of Capital One Financial from $248.00 to $260.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. boosted their price target on shares of Capital One Financial from $245.00 to $248.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Rothschild & Co Redburn assumed coverage on shares of Capital One Financial in a report on Friday. They issued a "buy" rating and a $290.00 target price on the stock. Citigroup upped their price target on shares of Capital One Financial from $250.00 to $275.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Finally, Redburn Atlantic upgraded shares of Capital One Financial to a "strong-buy" rating in a research note on Friday. Four research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Capital One Financial has a consensus rating of "Moderate Buy" and a consensus target price of $238.81.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 9,560 shares of the stock in a transaction on Monday, May 12th. The shares were 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 of the company's stock, valued at $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of the stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the transaction, 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,332 shares of company stock worth $4,540,285. 1.26% of the stock is owned by company insiders.

Capital One Financial Company 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.

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