USA Financial Formulas Raises Holdings in Capital One Financial Co. (NYSE:COF)

USA Financial Formulas boosted its position in Capital One Financial Co. (NYSE:COF - Free Report) by 295.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,376 shares of the financial services provider's stock after acquiring an additional 4,018 shares during the period. USA Financial Formulas' holdings in Capital One Financial were worth $964,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in COF. Bfsg LLC bought a new position in Capital One Financial in the fourth quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Capital One Financial in the fourth quarter worth approximately $27,000. TruNorth Capital Management LLC bought a new position in Capital One Financial in the fourth quarter worth approximately $29,000. SBI Securities Co. Ltd. bought a new position in Capital One Financial in the fourth quarter worth approximately $32,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in Capital One Financial in the fourth quarter worth approximately $41,000. Institutional investors own 89.84% of the company's stock.

Analysts Set New Price Targets

COF has been the topic of a number of recent research reports. JPMorgan Chase & Co. dropped their target price on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Wells Fargo & Company raised their target price on Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. Citigroup dropped their target price on Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a report on Monday, March 24th. Robert W. Baird upgraded Capital One Financial from a "neutral" rating to an "outperform" rating and raised their target price for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. Finally, Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price on the stock in a report on Wednesday, March 12th. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $210.64.

Insider Buying and Selling

In other news, insider Michael Zamsky sold 9,560 shares of the company's 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 completion of the transaction, the insider now directly owns 20,089 shares in the company, valued at approximately $4,005,746.60. This represents a 32.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ann F. Hackett sold 1,658 shares of the company's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the completion of the transaction, the director now owns 56,244 shares of the company's stock, valued at $11,175,682.80. The trade was a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by company insiders.

Capital One Financial Price Performance

Capital One Financial stock traded down $3.05 during midday trading on Thursday, hitting $197.48. 2,539,369 shares of the company's stock were exchanged, compared to its average volume of 3,529,952. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The stock has a 50-day moving average price of $183.69 and a two-hundred day moving average price of $185.40. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market cap of $75.66 billion, a P/E ratio of 17.04, a PEG ratio of 1.19 and a beta of 1.13.

Capital One Financial (NYSE:COF - Get Free Report) last posted 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. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. On average, equities research analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's payout ratio is 20.15%.

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.