957 Shares in Capital One Financial Corporation $COF Bought by Capital Management Corp VA

Capital Management Corp VA purchased a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 957 shares of the financial services provider’s stock, valued at approximately $204,000.

A number of other hedge funds also recently bought and sold shares of COF. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Capital One Financial by 18.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,882 shares of the financial services provider’s stock worth $10,010,000 after acquiring an additional 9,374 shares in the last quarter. Plancorp LLC bought a new position in shares of Capital One Financial during the second quarter valued at about $272,000. Creative Financial Designs Inc. ADV grew its stake in shares of Capital One Financial by 105.3% during the first quarter. Creative Financial Designs Inc. ADV now owns 768 shares of the financial services provider’s stock valued at $138,000 after buying an additional 394 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of Capital One Financial by 15.3% in the 1st quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider’s stock valued at $1,776,000 after acquiring an additional 1,312 shares during the last quarter. Finally, Mutual Advisors LLC purchased a new stake in Capital One Financial during the 1st quarter valued at about $215,000. Institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

COF has been the subject of several analyst reports. The Goldman Sachs Group dropped their price target 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. UBS Group reduced their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research note on Tuesday, October 7th. Rothschild & Co Redburn initiated coverage on shares of Capital One Financial in a report on Friday, August 1st. They issued a “buy” rating and a $290.00 price target on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Capital One Financial from $215.00 to $224.00 and gave the stock a “hold” rating in a report on Thursday, October 2nd. Finally, JPMorgan Chase & Co. decreased their price target on shares of Capital One Financial from $248.00 to $235.00 and set a “neutral” rating for the company in a research note on Tuesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $252.78.

Insider Activity

In related news, CAO Timothy P. Golden sold 3,462 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $210.28, for a total transaction of $727,989.36. Following the sale, the chief accounting officer directly owned 8,987 shares of the company’s stock, valued at approximately $1,889,786.36. This represents a 27.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the sale, the general counsel owned 98,486 shares of the company’s stock, 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. In the last quarter, insiders have sold 23,298 shares of company stock worth $5,103,824. 1.26% of the stock is currently owned by company insiders.

Capital One Financial Trading Up 3.1%

Shares of NYSE COF opened at $214.08 on Wednesday. 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 firm has a 50-day moving average of $219.00 and a 200 day moving average of $202.75. 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 $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 (NYSE:COF) last posted its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, topping the consensus estimate of $1.93 by $3.55. The company 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% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.14 EPS. 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 Announces Dividend

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