43,529 Shares in Capital One Financial Corporation $COF Acquired by Martin & Co. Inc. TN

Martin & Co. Inc. TN bought a new stake in Capital One Financial Corporation (NYSE:COF) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 43,529 shares of the financial services provider’s stock, valued at approximately $9,261,000. Capital One Financial accounts for about 1.7% of Martin & Co. Inc. TN’s investment portfolio, making the stock its 10th biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after buying an additional 10,428 shares during the last quarter. Foundations Investment Advisors LLC grew its position in Capital One Financial by 4.4% during the first quarter. Foundations Investment Advisors LLC now owns 2,127 shares of the financial services provider’s stock valued at $381,000 after acquiring an additional 90 shares during the period. Vestcor Inc increased its stake in Capital One Financial by 10.9% during the first quarter. Vestcor Inc now owns 7,580 shares of the financial services provider’s stock worth $1,359,000 after acquiring an additional 746 shares during the last quarter. Natixis Advisors LLC raised its holdings in shares of Capital One Financial by 4.8% in the 1st quarter. Natixis Advisors LLC now owns 164,448 shares of the financial services provider’s stock worth $29,486,000 after purchasing an additional 7,458 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in shares of Capital One Financial in the 1st quarter worth about $236,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Zacks Research cut Capital One Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Wolfe Research boosted their price objective on shares of Capital One Financial from $260.00 to $262.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Barclays increased their price objective on shares of Capital One Financial from $257.00 to $271.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Robert W. Baird lifted their target price on shares of Capital One Financial from $245.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Finally, HSBC upped their price target on shares of Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a research report on Thursday, October 23rd. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $261.63.

Capital One Financial Stock Up 0.3%

Shares of NYSE COF opened at $218.09 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45. The stock’s 50-day simple moving average is $215.56 and its 200-day simple moving average is $212.39. The firm has a market cap of $138.65 billion, a price-to-earnings ratio of 92.02, a PEG ratio of 0.70 and a beta of 1.19.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The company had revenue of $15.46 billion for the quarter. As a group, equities analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 17th will be paid a dividend of $0.80 per share. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date is Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. Capital One Financial’s payout ratio is currently 135.02%.

Insider Activity at Capital One Financial

In related news, CEO Richard D. Fairbank sold 103,487 shares of the business’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $220.68, for a total value of $22,837,511.16. Following the completion of the sale, the chief executive officer directly owned 4,001,228 shares of the company’s stock, valued at $882,990,995.04. The trade was a 2.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Neal Blinde sold 43,200 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $221.83, for a total value of $9,583,056.00. Following the sale, the insider owned 73,020 shares in the company, valued at $16,198,026.60. The trade was a 37.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 274,013 shares of company stock valued at $61,045,903 in the last 90 days. 1.26% of the stock is currently owned by insiders.

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.