Waverton Investment Management Ltd Purchases Shares of 35,575 Capital One Financial Corporation (NYSE:COF)

Waverton Investment Management Ltd purchased a new position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 35,575 shares of the financial services provider's stock, valued at approximately $6,377,000.

Several other institutional investors have also recently made changes to their positions in COF. Artemis Investment Management LLP grew its stake in shares of Capital One Financial by 69.0% during the 1st quarter. Artemis Investment Management LLP now owns 444,690 shares of the financial services provider's stock worth $79,733,000 after purchasing an additional 181,597 shares during the period. Bartlett & CO. Wealth Management LLC boosted its holdings in Capital One Financial by 115.6% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 470 shares of the financial services provider's stock worth $84,000 after buying an additional 252 shares in the last quarter. Transcend Capital Advisors LLC grew its position in Capital One Financial by 2.5% during the first quarter. Transcend Capital Advisors LLC now owns 12,895 shares of the financial services provider's stock valued at $2,312,000 after buying an additional 313 shares during the period. Diversified Trust Co grew its position in Capital One Financial by 4.5% during the first quarter. Diversified Trust Co now owns 15,736 shares of the financial services provider's stock valued at $2,821,000 after buying an additional 684 shares during the period. Finally, PDS Planning Inc raised its position in shares of Capital One Financial by 7.6% in the first quarter. PDS Planning Inc now owns 2,003 shares of the financial services provider's stock worth $359,000 after acquiring an additional 141 shares during the period. Hedge funds and other institutional investors own 89.84% of the company's stock.

Capital One Financial Trading Up 1.4%

Shares of COF opened at $210.93 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.98 and a quick ratio of 0.97. Capital One Financial Corporation has a 1-year low of $128.23 and a 1-year high of $212.88. The stock has a market cap of $80.82 billion, a price-to-earnings ratio of 17.71, a price-to-earnings-growth ratio of 0.91 and a beta of 1.13. The firm has a 50 day simple moving average of $191.24 and a 200-day simple moving average of $186.22.

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

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd were issued a $0.60 dividend. The ex-dividend date was Friday, May 23rd. This represents a $2.40 annualized dividend and a yield of 1.14%. Capital One Financial's dividend payout ratio (DPR) is presently 20.15%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on COF shares. Barclays reissued an "overweight" rating and issued a $253.00 price target (up previously from $212.00) on shares of Capital One Financial in a research note on Monday. JPMorgan Chase & Co. boosted their target price on Capital One Financial from $183.00 to $210.00 and gave the stock a "neutral" rating in a report on Thursday. BTIG Research upgraded Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price target on the stock in a report on Tuesday, March 25th. Wells Fargo & Company increased their price objective on Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a research report on Thursday, April 24th. Finally, Bank of America lifted their target price on 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 research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $215.86.

Insiders Place Their Bets

In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of the stock in a transaction that occurred 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 transaction, the director now owns 56,244 shares of the company's stock, valued at $11,175,682.80. This trade represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction dated 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 now directly owns 20,089 shares in the company, valued at $4,005,746.60. This represents a 32.24% 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 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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