Capital One Financial Corporation (NYSE:COF) Shares Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC increased its position in Capital One Financial Corporation (NYSE:COF - Free Report) by 25.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 688,141 shares of the financial services provider's stock after acquiring an additional 140,082 shares during the quarter. Los Angeles Capital Management LLC owned about 0.18% of Capital One Financial worth $123,384,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of COF. Norges Bank bought a new stake in Capital One Financial during the fourth quarter valued at approximately $590,279,000. Lone Pine Capital LLC purchased a new position in shares of Capital One Financial during the fourth quarter worth approximately $577,012,000. FMR LLC raised its stake in shares of Capital One Financial by 21.6% during the fourth quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock worth $1,440,449,000 after acquiring an additional 1,436,935 shares in the last quarter. Meritage Group LP purchased a new position in shares of Capital One Financial during the fourth quarter worth approximately $227,662,000. Finally, Invesco Ltd. raised its stake in shares of Capital One Financial by 38.7% during the fourth quarter. Invesco Ltd. now owns 4,117,444 shares of the financial services provider's stock worth $734,223,000 after acquiring an additional 1,148,443 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Price Performance

Shares of COF stock traded up $0.26 during trading hours on Friday, hitting $218.26. 3,106,854 shares of the company's stock were exchanged, compared to its average volume of 3,628,157. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 0.65. The firm has a market cap of $83.62 billion, a P/E ratio of 18.33, a P/E/G ratio of 0.91 and a beta of 1.15. The firm has a 50 day moving average of $202.98 and a two-hundred day moving average of $190.35. Capital One Financial Corporation has a fifty-two week low of $128.23 and a fifty-two week high of $221.95.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping the consensus estimate of $3.75 by $0.31. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. The firm had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. Sell-side analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.10%. The ex-dividend date was Friday, May 23rd. Capital One Financial's payout ratio is currently 20.15%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on COF. Royal Bank Of Canada set a $190.00 target price on shares of Capital One Financial and gave the stock a "sector perform" rating in a research note on Monday, April 14th. Wells Fargo & Company boosted 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 price objective (up from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective on the stock in a research report on Tuesday, March 25th. Finally, Bank of America boosted their price objective on shares of Capital One Financial from $223.00 to $233.00 and gave the company a "buy" rating in a research report on Wednesday, May 21st. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $222.07.

Insider Buying and Selling at Capital One Financial

In related news, Director Ann F. Hackett sold 1,658 shares of the 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 transaction, the director owned 56,244 shares of the company's stock, valued at approximately $11,175,682.80. This represents a 2.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $199.40, for a total value of $1,906,264.00. Following the transaction, the insider directly owned 20,089 shares in the company, valued at approximately $4,005,746.60. The trade was a 32.24% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by corporate insiders.

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.