Yousif Capital Management LLC Acquires 37,752 Shares of Capital One Financial Corporation $COF

Yousif Capital Management LLC grew its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 66.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 94,939 shares of the financial services provider’s stock after buying an additional 37,752 shares during the quarter. Yousif Capital Management LLC’s holdings in Capital One Financial were worth $20,199,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Griffin Asset Management Inc. bought a new position in shares of Capital One Financial during the second quarter valued at approximately $3,113,000. MGO One Seven LLC grew its stake in Capital One Financial by 72.4% in the second quarter. MGO One Seven LLC now owns 7,090 shares of the financial services provider’s stock worth $1,508,000 after purchasing an additional 2,977 shares in the last quarter. Welch Group LLC grew its stake in Capital One Financial by 3.5% in the second quarter. Welch Group LLC now owns 2,412 shares of the financial services provider’s stock worth $513,000 after purchasing an additional 81 shares in the last quarter. Cypress Capital Group grew its stake in Capital One Financial by 6.3% in the second quarter. Cypress Capital Group now owns 1,676 shares of the financial services provider’s stock worth $357,000 after purchasing an additional 100 shares in the last quarter. Finally, Stephens Consulting LLC grew its stake in Capital One Financial by 307.8% in the second quarter. Stephens Consulting LLC now owns 473 shares of the financial services provider’s stock worth $101,000 after purchasing an additional 357 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on COF. Robert W. Baird increased their price objective on Capital One Financial from $240.00 to $245.00 and gave the stock an “outperform” rating in a research note on Thursday, October 2nd. Redburn Atlantic raised Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st. The Goldman Sachs Group dropped their price objective on Capital One Financial from $276.00 to $266.00 and set a “buy” rating on the stock in a research note on Friday, October 3rd. Wall Street Zen raised Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Finally, JPMorgan Chase & Co. dropped their target price on Capital One Financial from $248.00 to $235.00 and set a “neutral” 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, fourteen have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $252.78.

Capital One Financial Price Performance

NYSE:COF opened at $202.37 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $232.45. The stock has a market capitalization of $129.42 billion, a PE ratio of 103.78, a price-to-earnings-growth ratio of 0.74 and a beta of 1.18. The stock’s 50-day moving average price is $219.02 and its 200-day moving average price is $202.43.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate 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. During the same quarter in the previous year, the firm posted $3.14 earnings per share. The company’s quarterly revenue was up 31.4% on a year-over-year basis. As a group, equities analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 5,515 shares of the firm’s 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 transaction, the insider directly owned 27,364 shares of the company’s stock, valued at $5,735,220.76. This trade represents a 16.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Timothy P. Golden sold 3,462 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The stock was 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 in the company, valued at $1,889,786.36. This trade represents a 27.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 23,298 shares of company stock valued at $5,103,824. Company 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.