Dorsey Wright & Associates Acquires New Position in Capital One Financial Corporation (NYSE:COF)

Dorsey Wright & Associates acquired a new stake in shares of Capital One Financial Corporation (NYSE:COF - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,243 shares of the financial services provider's stock, valued at approximately $2,195,000.

Several other large investors have also recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. grew its stake in Capital One Financial by 18.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,882 shares of the financial services provider's stock valued at $10,010,000 after purchasing an additional 9,374 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in shares of Capital One Financial by 105.3% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 768 shares of the financial services provider's stock worth $138,000 after buying an additional 394 shares during the last quarter. Mutual Advisors LLC bought a new position in shares of Capital One Financial during the 1st quarter worth approximately $215,000. Lansforsakringar Fondforvaltning AB publ bought a new position in shares of Capital One Financial during the 4th quarter worth approximately $91,780,000. Finally, 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 acquiring an additional 8,651 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of the 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 owned 56,244 shares of the company's stock, valued at $11,175,682.80. This represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 value of $1,906,264.00. Following the completion of the transaction, the insider owned 20,089 shares in the company, valued at approximately $4,005,746.60. This trade 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.

Capital One Financial Stock Performance

Shares of COF traded down $7.90 during trading hours on Thursday, hitting $211.56. The stock had a trading volume of 7,494,862 shares, compared to its average volume of 3,575,739. The firm has a market capitalization of $81.06 billion, a price-to-earnings ratio of 108.49, a PEG ratio of 0.91 and a beta of 1.15. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 1.02. The firm has a 50-day moving average price of $204.37 and a 200 day moving average price of $191.25. Capital One Financial Corporation has a fifty-two week low of $128.23 and a fifty-two week high of $232.45.

Capital One Financial (NYSE:COF - Get Free Report) last issued 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 firm had revenue of $12.49 billion during the quarter, compared to analyst estimates of $12.72 billion. During the same quarter last year, the company posted $3.14 EPS. The company's revenue was up 31.4% on a year-over-year basis. As a group, research analysts anticipate 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 was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Friday, May 23rd. Capital One Financial's payout ratio is 20.15%.

Analyst Ratings Changes

Several research analysts recently issued reports on COF shares. Royal Bank Of Canada upped their target price on Capital One Financial from $240.00 to $255.00 and gave the company a "sector perform" rating in a research report on Wednesday. Wells Fargo & Company increased their price objective on shares of Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a research report on Thursday, April 24th. Barclays reissued an "overweight" rating and set a $253.00 target price (up previously from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. Wall Street Zen upgraded Capital One Financial from a "hold" rating to a "buy" rating in a research note on Friday, July 18th. Finally, Citigroup lifted their price target on Capital One Financial from $250.00 to $275.00 and gave the stock a "buy" rating in a research report on Thursday. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $230.40.

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.