Capital One Financial Corporation $COF Shares Purchased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. boosted its stake in Capital One Financial Corporation (NYSE:COF) by 210.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 19,612 shares of the financial services provider’s stock after purchasing an additional 13,292 shares during the period. J.W. Cole Advisors Inc.’s holdings in Capital One Financial were worth $4,173,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in COF. Earned Wealth Advisors LLC purchased a new stake in Capital One Financial during the 2nd quarter worth about $254,000. Plancorp LLC purchased a new stake in shares of Capital One Financial during the second quarter worth approximately $272,000. Smith Chas P & Associates PA Cpas raised its holdings in Capital One Financial by 1,490.0% in the second quarter. Smith Chas P & Associates PA Cpas now owns 43,486 shares of the financial services provider’s stock valued at $9,252,000 after acquiring an additional 40,751 shares in the last quarter. Callodine Capital Management LP lifted its stake in Capital One Financial by 200.0% in the first quarter. Callodine Capital Management LP now owns 150,000 shares of the financial services provider’s stock worth $26,895,000 after acquiring an additional 100,000 shares during the last quarter. Finally, Flagship Harbor Advisors LLC lifted its stake in Capital One Financial by 111.8% in the second quarter. Flagship Harbor Advisors LLC now owns 2,510 shares of the financial services provider’s stock worth $534,000 after acquiring an additional 1,325 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on COF. Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a report on Tuesday. Wall Street Zen raised Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Morgan Stanley lifted their price target on Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft upped their price objective on Capital One Financial from $224.00 to $240.00 and gave the stock a “hold” rating in a research report on Wednesday, October 22nd. Finally, UBS Group cut their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. Three equities research 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $261.63.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $217.60 on Thursday. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $232.45. The stock has a market capitalization of $138.33 billion, a price-to-earnings ratio of 91.81, a PEG ratio of 0.70 and a beta of 1.19. The company has a 50-day simple moving average of $216.00 and a 200-day simple moving average of $212.14. 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 (NYSE:COF) last released its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. The firm had revenue of $15.46 billion for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. On average, analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be issued a $0.80 dividend. The ex-dividend date of this dividend is Monday, November 17th. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s payout ratio is presently 135.02%.

Insider Activity

In other Capital One Financial news, insider Neal Blinde sold 43,200 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the transaction, the insider owned 73,020 shares in the company, valued at approximately $16,198,026.60. The trade was a 37.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Richard D. Fairbank sold 103,487 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were 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. This represents a 2.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 274,013 shares of company stock valued at $61,045,903. 1.26% of the stock is owned by insiders.

Capital One Financial 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.