Procyon Advisors LLC Has $4.05 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Procyon Advisors LLC boosted its stake in shares of Capital One Financial Co. (NYSE:COF) by 6.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 22,569 shares of the financial services provider's stock after buying an additional 1,457 shares during the period. Procyon Advisors LLC's holdings in Capital One Financial were worth $4,047,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of COF. Bfsg LLC bought a new stake in Capital One Financial in the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $27,000. TruNorth Capital Management LLC acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. bought a new stake in Capital One Financial in the 4th quarter valued at approximately $32,000. Finally, Murphy & Mullick Capital Management Corp acquired a new position in Capital One Financial during the 4th quarter worth approximately $41,000. Institutional investors own 89.84% of the company's stock.

Insiders Place Their Bets

In other news, insider Michael Zamsky sold 9,560 shares of Capital One Financial 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 sale, the insider now directly owns 20,089 shares in the company, valued at approximately $4,005,746.60. The trade was a 32.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ann F. Hackett sold 1,658 shares of the firm's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the transaction, the director now owns 56,244 shares in the company, valued at approximately $11,175,682.80. This trade represents a 2.86% 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 Price Performance

NYSE:COF opened at $191.91 on Friday. The company has a market cap of $73.53 billion, a P/E ratio of 16.56, a P/E/G ratio of 1.19 and a beta of 1.13. The firm's fifty day moving average price is $180.35 and its two-hundred day moving average price is $184.90. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF - Get Free Report) last announced its 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. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Equities analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company 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 1.25%. Capital One Financial's dividend payout ratio (DPR) is currently 20.15%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on COF. JPMorgan Chase & Co. lowered their price objective on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Royal Bank of Canada set a $190.00 price target on shares of Capital One Financial and gave the company a "sector perform" rating in a research note on Monday, April 14th. Bank of America boosted their price target on shares of Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a research report on Wednesday, May 21st. Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective for the company in a report on Wednesday, March 12th. Finally, Robert W. Baird upgraded Capital One Financial from a "neutral" rating to an "outperform" rating and upped their target price for the stock from $190.00 to $200.00 in a report on Tuesday, March 11th. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $207.60.

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.

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