251,148 Shares in Capital One Financial Corporation $COF Purchased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio bought a new position in Capital One Financial Corporation (NYSE:COF) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 251,148 shares of the financial services provider’s stock, valued at approximately $50,385,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC boosted 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 valued at $2,423,000 after acquiring an additional 10,428 shares during the last quarter. Intech Investment Management LLC boosted its holdings in Capital One Financial by 44.3% in the first quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after purchasing an additional 2,753 shares during the last quarter. Sivia Capital Partners LLC grew its position in Capital One Financial by 118.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock worth $702,000 after purchasing an additional 1,788 shares during the period. Flow Traders U.S. LLC bought a new stake in Capital One Financial in the 2nd quarter worth approximately $218,000. Finally, Jump Financial LLC purchased a new stake in Capital One Financial during the 2nd quarter valued at $1,086,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

NYSE COF opened at $216.91 on Friday. The business’s 50 day moving average price is $210.04 and its 200-day moving average price is $197.87. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64. The company has a market cap of $133.07 billion, a P/E ratio of 13.42, a P/E/G ratio of 0.80 and a beta of 1.02. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The business had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. During the same quarter last year, the firm earned $5.48 earnings per share. The firm’s quarterly revenue was up 26.9% compared to the same quarter last year. Sell-side analysts predict that Capital One Financial Corporation will post 20.29 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 17th. Capital One Financial’s dividend payout ratio (DPR) is currently 19.80%.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. TD Cowen lowered their target price on Capital One Financial from $260.00 to $253.00 and set a “buy” rating on the stock in a report on Tuesday, July 7th. BTIG Research upped their price target on shares of Capital One Financial from $224.00 to $259.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Weiss Ratings upgraded shares of Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. UBS Group raised their price objective on shares of Capital One Financial from $275.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Finally, Wall Street Zen cut shares of Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Twenty-one investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $258.91.

Insider Activity

In other news, insider Lia Dean sold 2,193 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $225.52, for a total value of $494,565.36. Following the transaction, the insider directly owned 63,261 shares in the company, valued at approximately $14,266,620.72. This represents a 3.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,888 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $225.52, for a total transaction of $425,781.76. Following the completion of the transaction, the insider directly owned 59,708 shares in the company, valued at $13,465,348.16. This represents a 3.07% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 26,267 shares of company stock worth $5,617,648 in the last three months. Corporate insiders own 0.78% of the company’s stock.

Capital One Financial Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.