Compound Planning Inc. Has $1.30 Million Holdings in Capital One Financial Corporation $COF

Compound Planning Inc. grew its stake in shares of Capital One Financial Corporation (NYSE:COF) by 9.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,246 shares of the financial services provider’s stock after acquiring an additional 625 shares during the period. Compound Planning Inc.’s holdings in Capital One Financial were worth $1,299,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in COF. Lone Pine Capital LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth approximately $577,012,000. Diamond Hill Capital Management Inc. acquired a new position in shares of Capital One Financial during the 1st quarter worth approximately $381,848,000. Bank of New York Mellon Corp grew its position in shares of Capital One Financial by 23.7% during 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. Third Point LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth approximately $164,946,000. Finally, Northern Trust Corp grew its position in shares of Capital One Financial by 21.8% during the 4th quarter. Northern Trust Corp now owns 4,433,401 shares of the financial services provider’s stock worth $790,564,000 after purchasing an additional 793,765 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

COF has been the topic of a number of analyst reports. Royal Bank Of Canada increased their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 23rd. Bank of America increased their target price on shares of Capital One Financial from $223.00 to $233.00 and gave the stock a “buy” rating in a research report on Wednesday, May 21st. Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Wells Fargo & Company increased their price target on shares of Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Finally, Rothschild & Co Redburn assumed coverage on shares of Capital One Financial in a research report on Friday, August 1st. They set a “buy” rating and a $290.00 price target on the stock. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $238.81.

Insider Activity at Capital One Financial

In related news, insider Michael Zamsky sold 5,515 shares of the stock in a transaction that occurred on 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 owned 27,364 shares of the company’s stock, valued at $5,735,220.76. This represents a 16.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Timothy P. Golden sold 3,462 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $210.28, for a total transaction of $727,989.36. Following the completion of the transaction, the chief accounting officer directly owned 8,987 shares of the company’s stock, valued at approximately $1,889,786.36. The trade was a 27.81% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 19,298 shares of company stock valued at $4,233,044 in the last quarter. Insiders own 1.26% of the company’s stock.

Capital One Financial Stock Performance

NYSE COF opened at $221.2170 on Friday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $141.47 billion, a price-to-earnings ratio of 113.45, a P/E/G ratio of 0.86 and a beta of 1.16. The firm’s 50 day simple moving average is $212.93 and its 200 day simple moving average is $194.10. Capital One Financial Corporation has a 1 year low of $131.55 and a 1 year high of $232.45.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, beating the consensus estimate of $1.93 by $3.55. The company had revenue of $12.49 billion during the quarter, compared to the consensus estimate of $12.72 billion. Capital One Financial’s revenue for the quarter was up 31.4% on a year-over-year basis. During the same period in the previous year, the company earned $3.14 EPS. As a group, research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $2.40 annualized dividend and a yield of 1.1%. Capital One Financial’s dividend payout ratio is presently 123.08%.

About Capital One Financial

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.