155,339 Shares in Capital One Financial Corporation $COF Acquired by Deroy & Devereaux Private Investment Counsel Inc.

Deroy & Devereaux Private Investment Counsel Inc. purchased a new position in Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 155,339 shares of the financial services provider’s stock, valued at approximately $33,050,000. Capital One Financial comprises 1.8% of Deroy & Devereaux Private Investment Counsel Inc.’s holdings, making the stock its 16th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC grew its stake in shares of Capital One Financial by 588,668.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock worth $24,988,129,000 after buying an additional 117,427,549 shares during the last quarter. Vanguard Group Inc. boosted its stake in Capital One Financial by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 32,250,923 shares of the financial services provider’s stock valued at $5,782,590,000 after purchasing an additional 506,105 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Capital One Financial by 23.7% during the 1st quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider’s stock valued at $889,519,000 after purchasing an additional 950,415 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Capital One Financial by 18.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,766,573 shares of the financial services provider’s stock valued at $854,647,000 after purchasing an additional 734,939 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Capital One Financial by 45.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,677,128 shares of the financial services provider’s stock valued at $838,609,000 after purchasing an additional 1,454,595 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling

In related news, 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 transaction, the insider directly owned 68,707 shares of the company’s stock, valued at approximately $15,655,577.02. This trade represents a 12.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total value of $423,980.00. Following the completion of the transaction, the general counsel directly owned 98,486 shares in the company, valued at approximately $20,878,047.14. This represents a 1.99% 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 valued at $5,103,824 in the last 90 days. 1.26% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Barclays increased their target price on Capital One Financial from $253.00 to $257.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. HSBC set a $218.00 target price on Capital One Financial and gave the company a “hold” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft increased their target price on Capital One Financial from $215.00 to $224.00 and gave the company a “hold” rating in a research note on Thursday, October 2nd. Morgan Stanley increased their target price on Capital One Financial from $261.00 to $267.00 and gave the company an “overweight” rating in a research note on Monday, September 29th. Finally, Wells Fargo & Company increased their target price on Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $252.78.

Capital One Financial Stock Performance

COF stock opened at $214.08 on Wednesday. The company has a market cap of $136.91 billion, a P/E ratio of 109.78, a price-to-earnings-growth ratio of 0.76 and a beta of 1.18. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45. 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 stock’s fifty day moving average price is $219.00 and its 200-day moving average price is $202.75.

Capital One Financial (NYSE:COF) last released its quarterly 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. During the same quarter last year, the business earned $3.14 earnings per share. The business’s quarterly revenue was up 31.4% on a year-over-year basis. On average, equities analysts forecast 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 announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a $0.60 dividend. 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 currently 123.08%.

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.