Toth Financial Advisory Corp Has $1.29 Million Position in Capital One Financial Corporation $COF

Toth Financial Advisory Corp lifted its position in shares of Capital One Financial Corporation (NYSE:COF) by 144.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,085 shares of the financial services provider’s stock after acquiring an additional 3,600 shares during the period. Toth Financial Advisory Corp’s holdings in Capital One Financial were worth $1,294,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC lifted its stake in Capital One Financial by 588,668.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock worth $24,988,129,000 after purchasing an additional 117,427,549 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Capital One Financial by 74.8% during the 2nd quarter. Vanguard Group Inc. now owns 56,380,913 shares of the financial services provider’s stock worth $11,995,603,000 after buying an additional 24,129,990 shares in the last quarter. State Street Corp lifted its position in shares of Capital One Financial by 63.4% during the 2nd quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock worth $5,910,500,000 after buying an additional 10,776,843 shares during the last quarter. Norges Bank acquired a new stake in Capital One Financial in the second quarter valued at about $1,701,511,000. Finally, Geode Capital Management LLC grew its position in Capital One Financial by 64.1% in the second quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock valued at $2,970,628,000 after acquiring an additional 5,474,328 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

COF has been the topic of a number of research analyst reports. Morgan Stanley restated an “overweight” rating and issued a $280.00 price target on shares of Capital One Financial in a research note on Tuesday. Cowen restated a “buy” rating on shares of Capital One Financial in a research report on Wednesday, November 26th. Jefferies Financial Group boosted their target price on shares of Capital One Financial from $265.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. BTIG Research reiterated a “buy” rating and issued a $264.00 price target on shares of Capital One Financial in a research note on Wednesday, October 22nd. Finally, Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $264.25.

Capital One Financial Price Performance

COF stock opened at $244.20 on Friday. The company has a market capitalization of $155.25 billion, a P/E ratio of 103.04, a PEG ratio of 0.56 and a beta of 1.16. The company has a fifty day moving average price of $220.91 and a 200-day moving average price of $216.69. 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 Corporation has a 52-week low of $143.22 and a 52-week high of $244.82.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The business had revenue of $15.46 billion during the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. As a group, equities analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.3%. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, November 17th. Capital One Financial’s dividend payout ratio is 135.02%.

Insider Buying and Selling

In related news, insider Frank G. LapradeIii sold 17,840 shares of the company’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $222.03, for a total value of $3,961,015.20. Following the sale, the insider directly owned 48,315 shares in the company, valued at $10,727,379.45. This represents a 26.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Neal Blinde sold 43,200 shares of the stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the sale, the insider directly owned 73,020 shares of the company’s stock, valued at $16,198,026.60. This represents a 37.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 280,218 shares of company stock valued at $62,395,804 over the last 90 days. 1.26% of the stock is currently owned by corporate insiders.

Capital One Financial Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.