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Hilltop National Bank Purchases Shares of 6,148 Capital One Financial Corporation $COF

Capital One Financial logo with Finance background

Hilltop National Bank purchased a new stake in Capital One Financial Corporation (NYSE:COF - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 6,148 shares of the financial services provider's stock, valued at approximately $1,308,000.

Several other large investors also recently made changes to their positions in COF. Brighton Jones LLC increased its stake in shares of Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock valued at $2,423,000 after purchasing an additional 10,428 shares during the period. NBC Securities Inc. acquired a new stake in shares of Capital One Financial in the first quarter valued at approximately $142,000. Merit Financial Group LLC increased its stake in shares of Capital One Financial by 56.1% in the first quarter. Merit Financial Group LLC now owns 6,142 shares of the financial services provider's stock valued at $1,101,000 after purchasing an additional 2,207 shares during the period. Armstrong Fleming & Moore Inc acquired a new stake in shares of Capital One Financial in the first quarter valued at approximately $3,146,000. Finally, Curat Global LLC acquired a new stake in shares of Capital One Financial in the first quarter valued at approximately $409,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Citigroup raised their price objective on shares of Capital One Financial from $250.00 to $275.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Keefe, Bruyette & Woods raised their price objective on shares of Capital One Financial from $248.00 to $260.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. Barclays reiterated an "overweight" rating and set a $253.00 price objective (up previously from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Morgan Stanley raised their price objective on shares of Capital One Financial from $261.00 to $267.00 and gave the company an "overweight" rating in a research note on Monday. Finally, Robert W. Baird raised their price objective on shares of Capital One Financial from $240.00 to $245.00 and gave the company an "outperform" rating in a research note on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and a consensus target price of $245.67.

View Our Latest Stock Report on COF

Insider Buying and Selling at Capital One Financial

In related news, CAO Timothy P. Golden sold 207 shares of Capital One Financial stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total value of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares of the company's stock, valued at approximately $1,891,299.80. The trade was a 2.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $223.40, for a total transaction of $446,800.00. Following the completion of the sale, the general counsel directly owned 100,486 shares of the company's stock, valued at approximately $22,448,572.40. The trade was a 1.95% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,298 shares of company stock worth $4,679,844 in the last 90 days. 1.26% of the stock is currently owned by company insiders.

Capital One Financial Trading Up 0.1%

Shares of NYSE:COF opened at $213.79 on Friday. The firm has a fifty day moving average of $219.26 and a two-hundred day moving average of $200.65. The firm has a market capitalization of $136.72 billion, a P/E ratio of 109.64, a price-to-earnings-growth ratio of 0.81 and a beta of 1.18. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. 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 (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.93 by $3.55. The company had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. During the same period last year, the business earned $3.14 EPS. The company's quarterly revenue was up 31.4% on a year-over-year basis. On average, equities analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial's payout ratio is presently 123.08%.

About Capital One Financial

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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