Capital One Financial Corporation (NYSE:COF) Shares Purchased by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. boosted its stake in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 16.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,884 shares of the financial services provider's stock after purchasing an additional 4,577 shares during the period. Cambridge Investment Research Advisors Inc.'s holdings in Capital One Financial were worth $5,896,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Lansforsakringar Fondforvaltning AB publ acquired a new position in Capital One Financial in the fourth quarter valued at $91,780,000. Janney Montgomery Scott LLC lifted its position in Capital One Financial by 9.6% during the first quarter. Janney Montgomery Scott LLC now owns 98,617 shares of the financial services provider's stock valued at $17,682,000 after buying an additional 8,651 shares in the last quarter. Geode Capital Management LLC grew its stake in Capital One Financial by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider's stock worth $1,467,393,000 after buying an additional 207,427 shares during the period. Westbourne Investments Inc. acquired a new stake in shares of Capital One Financial in the fourth quarter worth $410,000. Finally, Lone Pine Capital LLC acquired a new stake in shares of Capital One Financial in the fourth quarter worth $577,012,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Capital One Financial Stock Up 1.4%

Shares of NYSE:COF opened at $210.93 on Friday. The firm has a market cap of $80.82 billion, a PE ratio of 17.71, a price-to-earnings-growth ratio of 0.91 and a beta of 1.13. The company has a fifty day simple moving average of $191.24 and a 200 day simple moving average of $186.22. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.65. Capital One Financial Corporation has a 12-month low of $128.23 and a 12-month high of $211.58.

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 for the quarter, topping the consensus estimate of $3.75 by $0.31. Capital One Financial had a net margin of 9.65% and a return on equity of 9.63%. The company had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. On average, equities research analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's payout ratio is currently 20.15%.

Insiders Place Their Bets

In other Capital One Financial news, insider Michael Zamsky sold 9,560 shares of the business's 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 completion of the sale, the insider now owns 20,089 shares in the company, valued at $4,005,746.60. The trade was a 32.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ann F. Hackett sold 1,658 shares of the firm's stock in a transaction dated 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. The trade was a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of research reports. Baird R W raised shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Royal Bank Of Canada set a $190.00 target price on Capital One Financial and gave the stock a "sector perform" rating in a research report on Monday, April 14th. Citigroup lowered their target price on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Robert W. Baird upgraded Capital One Financial from a "neutral" rating to an "outperform" rating and raised their target price for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. Finally, Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target for the company in a report on Wednesday, March 12th. Four investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Capital One Financial presently has a consensus rating of "Moderate Buy" and an average price target of $215.86.

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.

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