Montag A & Associates Inc. Boosts Stake in Capital One Financial Corporation (NYSE:COF)

Montag A & Associates Inc. increased its position in Capital One Financial Corporation (NYSE:COF - Free Report) by 226.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,447 shares of the financial services provider's stock after buying an additional 7,939 shares during the period. Montag A & Associates Inc.'s holdings in Capital One Financial were worth $2,052,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its position 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 acquiring an additional 10,428 shares during the period. Proficio Capital Partners LLC lifted its holdings in shares of Capital One Financial by 27.0% during the fourth quarter. Proficio Capital Partners LLC now owns 2,556 shares of the financial services provider's stock valued at $456,000 after acquiring an additional 544 shares during the period. Intech Investment Management LLC lifted its holdings in shares of Capital One Financial by 274.6% during the fourth quarter. Intech Investment Management LLC now owns 6,215 shares of the financial services provider's stock valued at $1,108,000 after acquiring an additional 4,556 shares during the period. iA Global Asset Management Inc. bought a new position in shares of Capital One Financial during the fourth quarter valued at $814,000. Finally, Mizuho Securities USA LLC increased its stake in shares of Capital One Financial by 46.0% in the fourth quarter. Mizuho Securities USA LLC now owns 36,158 shares of the financial services provider's stock valued at $6,448,000 after buying an additional 11,397 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Buying and Selling

In related news, insider Michael Zamsky sold 9,560 shares of the business'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 of the company's stock, valued at $4,005,746.60. The trade was a 32.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Ann F. Hackett sold 1,658 shares of the business's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the sale, the director directly owned 56,244 shares in the company, valued at $11,175,682.80. This trade represents a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.26% of the company's stock.

Capital One Financial Stock Up 0.5%

Shares of Capital One Financial stock traded up $1.17 during midday trading on Tuesday, hitting $217.05. The company had a trading volume of 4,306,699 shares, compared to its average volume of 3,628,502. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 0.98. The stock has a market capitalization of $83.16 billion, a P/E ratio of 18.22, a P/E/G ratio of 0.91 and a beta of 1.15. The company has a 50 day moving average of $202.98 and a 200 day moving average of $190.43. Capital One Financial Corporation has a 52-week low of $128.23 and a 52-week high of $226.00.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.93 by $3.55. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. On average, equities analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

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. The ex-dividend date was Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.11%. Capital One Financial's dividend payout ratio is 20.15%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on COF. Royal Bank Of Canada set a $190.00 target price on Capital One Financial and gave the stock a "sector perform" rating in a report on Monday, April 14th. Wells Fargo & Company upped their price objective on Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. Keefe, Bruyette & Woods upped their price objective on Capital One Financial from $232.00 to $248.00 and gave the company an "outperform" rating in a report on Wednesday, July 9th. Barclays reaffirmed an "overweight" rating and issued a $253.00 price objective (up from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Finally, Wall Street Zen raised Capital One Financial from a "hold" rating to a "buy" rating in a report on Friday. Four 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's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $222.07.

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.