Capital One Financial Corporation $COF Shares Purchased by PDS Planning Inc

PDS Planning Inc boosted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 111.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,234 shares of the financial services provider’s stock after acquiring an additional 2,231 shares during the quarter. PDS Planning Inc’s holdings in Capital One Financial were worth $901,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of COF. WPG Advisers LLC purchased a new position in Capital One Financial during the first quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC raised its position in Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC raised its position in Capital One Financial by 439.1% during the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 101 shares in the last quarter. Saudi Central Bank purchased a new position in Capital One Financial during the first quarter valued at approximately $27,000. Finally, RMG Wealth Management LLC purchased a new position in Capital One Financial during the second quarter valued at approximately $27,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on COF. JPMorgan Chase & Co. reduced their price target on Capital One Financial from $248.00 to $235.00 and set a “neutral” rating for the company in a research report on Tuesday. Wells Fargo & Company boosted their price objective on Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. HSBC set a $218.00 price objective on Capital One Financial and gave the company a “hold” rating in a research report on Friday. Redburn Atlantic upgraded Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Finally, Barclays boosted their price objective on Capital One Financial from $253.00 to $257.00 and gave the company an “overweight” rating in a research report on Monday. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $252.78.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $202.37 on Friday. 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 business’s 50 day moving average price is $219.02 and its 200-day moving average price is $202.11. The firm has a market capitalization of $129.42 billion, a PE ratio of 103.78, a P/E/G ratio of 0.77 and a beta of 1.18. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45.

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, topping analysts’ consensus estimates of $1.93 by $3.55. The firm had revenue of $12.49 billion during the quarter, compared to analyst estimates of $12.72 billion. The business’s revenue was up 31.4% on a year-over-year basis. During the same period in the prior year, the firm earned $3.14 earnings per share. As a group, equities research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.2%. Capital One Financial’s payout ratio is currently 123.08%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, CAO Timothy P. Golden sold 207 shares of the business’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the transaction, the chief accounting officer owned 8,780 shares of the company’s stock, valued at approximately $1,891,299.80. The trade was a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Michael Zamsky sold 5,515 shares of the business’s stock in a transaction on 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 transaction, the insider directly owned 27,364 shares in the company, valued at $5,735,220.76. This trade represents a 16.77% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 23,298 shares of company stock valued at $5,103,824. Insiders own 1.26% of the company’s stock.

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.