Game Plan Financial Advisors LLC Acquires 275 Shares of Capital One Financial Corporation $COF

Game Plan Financial Advisors LLC lifted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 68.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 675 shares of the financial services provider’s stock after acquiring an additional 275 shares during the quarter. Game Plan Financial Advisors LLC’s holdings in Capital One Financial were worth $121,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COF. WPG Advisers LLC bought a new position in shares of Capital One Financial during the first quarter valued at approximately $25,000. Saudi Central Bank bought a new position in shares of Capital One Financial during the first quarter valued at approximately $27,000. Beacon Capital Management LLC raised its holdings in shares of Capital One Financial by 118.3% during the first quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 97 shares in the last quarter. Bogart Wealth LLC raised its holdings in shares of Capital One Financial by 1,518.8% during the first quarter. Bogart Wealth LLC now owns 259 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 243 shares in the last quarter. Finally, Motco raised its holdings in shares of Capital One Financial by 115.1% during the first quarter. Motco now owns 256 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 137 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

COF opened at $219.94 on Tuesday. Capital One Financial Corporation has a 12-month low of $131.55 and a 12-month high of $232.45. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. The stock has a fifty day simple moving average of $217.53 and a two-hundred day simple moving average of $195.74. The company has a market cap of $140.66 billion, a price-to-earnings ratio of 112.79, a price-to-earnings-growth ratio of 0.87 and a beta of 1.17.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, beating the consensus estimate of $1.93 by $3.55. The company had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. During the same quarter in the previous year, the business earned $3.14 earnings per share. Capital One Financial’s revenue was up 31.4% compared to the same quarter last year. Research 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 business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were issued a dividend of $0.60 per share. The ex-dividend date was Friday, August 15th. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. Capital One Financial’s dividend payout ratio (DPR) is presently 123.08%.

Insider Buying and Selling

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $223.40, for a total transaction of $446,800.00. Following the completion of the transaction, the general counsel directly owned 100,486 shares in the company, valued at $22,448,572.40. This trade represents a 1.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert M. Alexander sold 10,114 shares of the stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the sale, the insider directly owned 68,707 shares in the company, valued at $15,655,577.02. This trade represents a 12.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,298 shares of company stock valued at $4,679,844 over the last ninety days. Insiders own 1.26% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on COF. Redburn Atlantic upgraded Capital One Financial to a “strong-buy” rating in a report on Friday, August 1st. Barclays reiterated an “overweight” rating and issued a $253.00 price objective (up previously from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Rothschild & Co Redburn started coverage on Capital One Financial in a report on Friday, August 1st. They issued a “buy” rating and a $290.00 price objective for the company. Wall Street Zen downgraded Capital One Financial from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Wells Fargo & Company increased their price objective on Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $238.81.

Capital One Financial Company 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.