Pinion Investment Advisors LLC Has $351,000 Position in Capital One Financial Corporation $COF

Pinion Investment Advisors LLC trimmed its position in Capital One Financial Corporation (NYSE:COF) by 3.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,648 shares of the financial services provider’s stock after selling 59 shares during the quarter. Pinion Investment Advisors LLC’s holdings in Capital One Financial were worth $351,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WPG Advisers LLC acquired a new position in Capital One Financial in the 1st quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC lifted its position in shares of Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 62 shares during the period. Olistico Wealth LLC lifted its position in shares of Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 101 shares during the period. Saudi Central Bank bought a new stake in shares of Capital One Financial during the 1st quarter worth $27,000. Finally, RMG Wealth Management LLC bought a new stake in shares of Capital One Financial during the 2nd quarter worth $27,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Michael Zamsky sold 5,515 shares of the firm’s stock in a transaction on Monday, August 4th. The stock was sold at an average price of $209.59, for a total value of $1,155,888.85. Following the transaction, the insider directly owned 27,364 shares in the company, valued at $5,735,220.76. This trade represents a 16.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Robert M. Alexander sold 10,114 shares of the firm’s stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total value of $2,304,576.04. Following the completion of the transaction, the insider directly owned 68,707 shares in the company, valued at approximately $15,655,577.02. This represents a 12.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 23,298 shares of company stock worth $5,103,824 in the last 90 days. 1.26% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

COF has been the subject of a number of recent research reports. Keefe, Bruyette & Woods upped their target price on Capital One Financial from $248.00 to $260.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. Barclays increased their price target on Capital One Financial from $253.00 to $257.00 and gave the company an “overweight” rating in a research note on Monday. Wells Fargo & Company raised their target price on Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Morgan Stanley raised their target price on Capital One Financial from $261.00 to $267.00 and gave the stock an “overweight” rating in a research note on Monday, September 29th. Finally, Evercore ISI raised their target price on Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 30th. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $250.44.

Capital One Financial Stock Performance

NYSE:COF opened at $210.50 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. The business has a fifty day simple moving average of $219.12 and a two-hundred day simple moving average of $201.98. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45. The company has a market capitalization of $134.62 billion, a P/E ratio of 107.95, a P/E/G ratio of 0.78 and a beta of 1.18.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The firm had revenue of $12.49 billion during the quarter, compared to analysts’ expectations of $12.72 billion. The business’s quarterly revenue was up 31.4% compared to the same quarter last year. During the same period in the prior year, the business earned $3.14 earnings per share. On average, analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial’s dividend payout ratio (DPR) is 123.08%.

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.