397 Shares in Capital One Financial Corporation $COF Purchased by BankPlus Trust Department

BankPlus Trust Department purchased a new position in shares of Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 397 shares of the financial services provider’s stock, valued at approximately $84,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in COF. Kingstone Capital Partners Texas LLC boosted its holdings in Capital One Financial by 588,668.3% during the second 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 purchasing an additional 117,427,549 shares during the last quarter. Diamond Hill Capital Management Inc. purchased a new stake in Capital One Financial in the 1st quarter worth approximately $381,848,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Capital One Financial by 45.1% in 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 worth $838,609,000 after purchasing an additional 1,454,595 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Capital One Financial by 23.7% in the 1st quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider’s stock worth $889,519,000 after purchasing an additional 950,415 shares in the last quarter. Finally, Nuveen LLC bought a new position in shares of Capital One Financial in the 1st quarter worth $141,599,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Capital One Financial news, insider Michael Zamsky sold 5,515 shares of Capital One Financial stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $209.59, for a total value of $1,155,888.85. Following the completion of the transaction, the insider directly owned 27,364 shares of the company’s stock, valued at approximately $5,735,220.76. The trade was a 16.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total transaction of $423,980.00. Following the completion of the transaction, the general counsel directly owned 98,486 shares of the company’s stock, valued at $20,878,047.14. This trade 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 over the last ninety days. 1.26% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. TD Cowen increased their price target on shares of Capital One Financial from $258.00 to $261.00 and gave the stock a “buy” rating in a report on Monday. Royal Bank Of Canada increased their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a report on Wednesday, July 23rd. Wells Fargo & Company increased their price target on shares of Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Redburn Atlantic raised shares of Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Finally, The Goldman Sachs Group dropped their target price on shares of Capital One Financial from $276.00 to $266.00 and set a “buy” rating for the company in a research report on Friday, October 3rd. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $250.44.

Capital One Financial Trading Down 0.9%

Shares of NYSE COF opened at $211.79 on Thursday. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45. The stock has a market cap of $135.44 billion, a P/E ratio of 108.61, a price-to-earnings-growth ratio of 0.79 and a beta of 1.18. The firm has a 50-day moving average of $219.22 and a 200 day moving average of $201.77. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion for the quarter, compared to analysts’ expectations of $12.72 billion. During the same period last year, the business earned $3.14 earnings per share. The company’s revenue was up 31.4% on a year-over-year basis. As a group, sell-side analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 annualized dividend and a yield of 1.1%. Capital One Financial’s payout ratio 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.