Abel Hall LLC Acquires Shares of 1,041 Capital One Financial Corporation $COF

Abel Hall LLC acquired a new stake in shares of Capital One Financial Corporation (NYSE:COF) in the second quarter, HoldingsChannel.com reports. The firm acquired 1,041 shares of the financial services provider’s stock, valued at approximately $221,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COF. Brighton Jones LLC lifted its holdings in shares of Capital One Financial by 330.1% during the fourth 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 period. Capital Investment Advisors LLC increased its stake in shares of Capital One Financial by 126.6% in the first quarter. Capital Investment Advisors LLC now owns 4,174 shares of the financial services provider’s stock valued at $748,000 after buying an additional 2,332 shares in the last quarter. First Citizens Bank & Trust Co. increased its stake in shares of Capital One Financial by 14.3% in the first quarter. First Citizens Bank & Trust Co. now owns 2,220 shares of the financial services provider’s stock valued at $398,000 after buying an additional 278 shares in the last quarter. Daymark Wealth Partners LLC increased its stake in shares of Capital One Financial by 10.9% in the first quarter. Daymark Wealth Partners LLC now owns 4,188 shares of the financial services provider’s stock valued at $751,000 after buying an additional 413 shares in the last quarter. Finally, Pallas Capital Advisors LLC increased its stake in shares of Capital One Financial by 162.0% in the first quarter. Pallas Capital Advisors LLC now owns 5,839 shares of the financial services provider’s stock valued at $1,047,000 after buying an additional 3,610 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Morgan Stanley raised 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. UBS Group lowered their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a research note on Tuesday. Robert W. Baird raised their target price on Capital One Financial from $240.00 to $245.00 and gave the company an “outperform” rating in a research note on Thursday, October 2nd. Keefe, Bruyette & Woods raised their target price on Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Finally, Rothschild & Co Redburn started coverage on Capital One Financial in a research note on Friday, August 1st. They issued a “buy” rating and a $290.00 target price for the company. Three equities research 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 company’s stock. Based on data from MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus price target of $250.44.

Capital One Financial Price Performance

Shares of COF opened at $211.79 on Thursday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. 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 stock’s 50-day moving average price is $219.22 and its two-hundred day moving average price is $201.77.

Capital One Financial (NYSE:COF) last issued its 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 company had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. During the same quarter last year, the business posted $3.14 EPS. Capital One Financial’s quarterly revenue was up 31.4% on a year-over-year basis. On average, equities analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were issued a dividend of $0.60 per share. The ex-dividend date was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. Capital One Financial’s dividend payout ratio (DPR) is 123.08%.

Insider Buying and Selling

In other Capital One Financial news, insider Robert M. Alexander sold 10,114 shares of the firm’s stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the transaction, the insider owned 68,707 shares in the company, valued at approximately $15,655,577.02. This trade represents a 12.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Zamsky sold 5,515 shares of the firm’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $209.59, for a total value of $1,155,888.85. Following the sale, the insider directly owned 27,364 shares in the company, valued at approximately $5,735,220.76. This represents a 16.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,298 shares of company stock worth $5,103,824 in the last ninety days. 1.26% of the stock is currently owned by corporate 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.