Silvant Capital Management LLC Boosts Stake in Capital One Financial Corporation $COF

Key Points

• Silvant Capital Management LLC significantly increased its stake in Capital One Financial by 1,670.7% during Q1, acquiring a total of 7,862 shares valued at approximately $1.41 million.
• Several institutional investors, including Brighton Jones LLC and Quarry LP, also boosted their positions in Capital One Financial during the last quarter, indicating increased institutional interest.
• Capital One announced a quarterly dividend of $0.60 per share, with a corresponding payout ratio of 123.08%, reflecting its ongoing commitment to returning value to shareholders.

Silvant Capital Management LLC raised its position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 1,670.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,862 shares of the financial services provider's stock after acquiring an additional 7,418 shares during the quarter. Silvant Capital Management LLC's holdings in Capital One Financial were worth $1,410,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of COF. Beacon Capital Management LLC boosted its position in Capital One Financial by 118.3% during 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. Bogart Wealth LLC boosted its position in 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 acquiring an additional 243 shares during the last quarter. Motco boosted its position in Capital One Financial by 115.1% during the first quarter. Motco now owns 256 shares of the financial services provider's stock valued at $46,000 after acquiring an additional 137 shares during the last quarter. Rossby Financial LCC bought a new stake in Capital One Financial during the first quarter valued at $48,000. Finally, Bernard Wealth Management Corp. bought a new stake in Capital One Financial during the first quarter valued at $54,000. Institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Up 0.1%

Shares of COF traded up $0.29 on Friday, reaching $227.43. The company's stock had a trading volume of 2,551,623 shares, compared to its average volume of 3,266,710. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. Capital One Financial Corporation has a twelve month low of $131.55 and a twelve month high of $232.45. The stock has a market capitalization of $145.44 billion, a PE ratio of 116.63, a PEG ratio of 0.89 and a beta of 1.16. The firm has a fifty day moving average of $215.76 and a 200-day moving average of $194.95.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results 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. During the same quarter in the prior year, the company earned $3.14 EPS. The company's revenue was up 31.4% on a year-over-year basis. Equities analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, August 15th. Capital One Financial's dividend payout ratio is currently 123.08%.

Analyst Upgrades and Downgrades

COF has been the topic of a number of research analyst reports. Rothschild & Co Redburn started coverage on shares of Capital One Financial in a research report on Friday, August 1st. They set a "buy" rating and a $290.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $245.00 to $248.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Redburn Atlantic raised shares of Capital One Financial to a "strong-buy" rating in a research report on Friday, August 1st. Barclays reissued an "overweight" rating and set a $253.00 price objective (up previously from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. Finally, Wells Fargo & Company increased their price objective on shares of Capital One Financial from $225.00 to $265.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $238.81.

Insider Buying and Selling

In related news, insider Michael Zamsky sold 5,515 shares of the company's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $209.59, for a total value of $1,155,888.85. Following the sale, the insider owned 27,364 shares in the company, valued at $5,735,220.76. This represents a 16.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Timothy P. Golden sold 207 shares of the company's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares in the company, valued at $1,891,299.80. This represents a 2.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,298 shares of company stock worth $4,233,044 in the last quarter. Insiders own 1.26% of the company's stock.

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.