Capital One Financial Co. (NYSE:COF) Holdings Increased by Meridian Financial Partners LLC

Meridian Financial Partners LLC lifted its holdings in Capital One Financial Co. (NYSE:COF) by 23.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,870 shares of the financial services provider's stock after purchasing an additional 1,323 shares during the period. Meridian Financial Partners LLC's holdings in Capital One Financial were worth $1,232,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in COF. Norden Group LLC increased its position in shares of Capital One Financial by 2.6% during the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock valued at $358,000 after purchasing an additional 51 shares during the last quarter. Catalyst Financial Partners LLC boosted its stake in Capital One Financial by 3.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock worth $255,000 after purchasing an additional 54 shares during the period. Quadrant Capital Group LLC boosted its stake in Capital One Financial by 1.0% in the 4th quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock worth $936,000 after purchasing an additional 54 shares during the period. Gladstone Institutional Advisory LLC boosted its position in shares of Capital One Financial by 3.3% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock valued at $317,000 after acquiring an additional 56 shares during the last quarter. Finally, TFB Advisors LLC boosted its position in shares of Capital One Financial by 4.1% during the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock valued at $265,000 after acquiring an additional 59 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Analyst Upgrades and Downgrades

COF has been the topic of a number of analyst reports. Robert W. Baird raised Capital One Financial from a "neutral" rating to an "outperform" rating and lifted their price target for the stock from $190.00 to $200.00 in a research note on Tuesday, March 11th. Citigroup dropped their target price on Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a report on Monday, March 24th. Wells Fargo & Company upped their price target on Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. JPMorgan Chase & Co. lowered their target price on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Finally, Bank of America increased their target price on Capital One Financial from $223.00 to $233.00 and gave the company a "buy" rating in a report on Wednesday, May 21st. Four 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $210.64.

Insider Activity at Capital One Financial

In related news, insider Michael Zamsky sold 9,560 shares of the firm's stock in a transaction that occurred 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 now owns 20,089 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the completion of the transaction, the director now owns 56,244 shares in the company, valued at approximately $11,175,682.80. This trade represents a 2.86% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by insiders.

Capital One Financial Stock Performance

NYSE COF opened at $198.27 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The business's 50 day moving average is $180.76 and its two-hundred day moving average is $185.05. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The stock has a market capitalization of $75.96 billion, a price-to-earnings ratio of 17.11, a PEG ratio of 1.19 and a beta of 1.13.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $2.40 annualized dividend and a yield of 1.21%. 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.

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