Warner Financial Inc. Buys Shares of 2,028 Capital One Financial Corporation (NYSE:COF)

Warner Financial Inc. purchased a new position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,028 shares of the financial services provider's stock, valued at approximately $364,000.

Other hedge funds also recently modified their holdings of the company. Norges Bank bought a new position in Capital One Financial during the fourth quarter valued at about $590,279,000. Lone Pine Capital LLC acquired a new position in shares of Capital One Financial during the 4th quarter valued at about $577,012,000. Egerton Capital UK LLP bought a new position in shares of Capital One Financial in the 4th quarter valued at approximately $279,159,000. FMR LLC raised its stake in shares of Capital One Financial by 21.6% in the 4th quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock valued at $1,440,449,000 after acquiring an additional 1,436,935 shares in the last quarter. Finally, Meritage Group LP acquired a new stake in Capital One Financial in the 4th quarter worth approximately $227,662,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Capital One Financial Stock Down 2.1%

NYSE COF opened at $193.55 on Wednesday. Capital One Financial Corporation has a twelve month low of $128.23 and a twelve month high of $210.67. The stock has a market cap of $74.16 billion, a PE ratio of 16.25, a PEG ratio of 0.96 and a beta of 1.13. The firm has a 50-day simple moving average of $185.78 and a 200 day simple moving average of $185.42. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 0.98.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating 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. On average, research analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were paid a $0.60 dividend. The ex-dividend date was Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.24%. Capital One Financial's payout ratio is 20.15%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. dropped their price target on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. BTIG Research upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price on the stock in a research note on Tuesday, March 25th. Evercore ISI raised shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price for the company in a research report on Wednesday, March 12th. Bank of America upped their price target on shares of Capital One Financial from $223.00 to $233.00 and gave the company a "buy" rating in a report on Wednesday, May 21st. Finally, Royal Bank Of Canada set a $190.00 price objective on Capital One Financial and gave the stock a "sector perform" rating in a research note on Monday, April 14th. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $210.64.

Insider Buying and Selling

In related news, Director Ann F. Hackett sold 1,658 shares of the company's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $198.70, for a total value of $329,444.60. Following the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the transaction, the insider now owns 20,089 shares of the company's stock, valued at approximately $4,005,746.60. This represents a 32.24% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by company insiders.

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.

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