Capital One Financial Co. (NYSE:COF) Shares Bought by Ballentine Partners LLC

Ballentine Partners LLC increased its position in Capital One Financial Co. (NYSE:COF) by 13.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,067 shares of the financial services provider’s stock after buying an additional 237 shares during the quarter. Ballentine Partners LLC’s holdings in Capital One Financial were worth $308,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. International Assets Investment Management LLC boosted its holdings in Capital One Financial by 467.5% during the first quarter. International Assets Investment Management LLC now owns 345,961 shares of the financial services provider’s stock worth $477,000 after buying an additional 284,999 shares in the last quarter. &PARTNERS bought a new stake in shares of Capital One Financial during the 1st quarter worth $208,000. RFG Advisory LLC grew its holdings in shares of Capital One Financial by 2.3% in the 1st quarter. RFG Advisory LLC now owns 7,007 shares of the financial services provider’s stock worth $1,043,000 after acquiring an additional 155 shares during the last quarter. Park Avenue Securities LLC raised its position in shares of Capital One Financial by 293.7% during the first quarter. Park Avenue Securities LLC now owns 15,659 shares of the financial services provider’s stock worth $2,331,000 after purchasing an additional 11,682 shares during the period. Finally, Wedmont Private Capital lifted its holdings in shares of Capital One Financial by 16.2% during the first quarter. Wedmont Private Capital now owns 4,758 shares of the financial services provider’s stock valued at $683,000 after purchasing an additional 662 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. BTIG Research initiated coverage on Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating on the stock. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $159.00 price target on shares of Capital One Financial in a research report on Wednesday, March 27th. UBS Group lifted their price objective on shares of Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday, February 29th. Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and increased their target price for the company from $145.00 to $165.00 in a report on Thursday, June 6th. Finally, JPMorgan Chase & Co. lifted their price target on Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a report on Wednesday, April 3rd. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Capital One Financial presently has an average rating of “Hold” and an average target price of $141.20.

Insider Activity

In related news, insider Celia Karam sold 16,913 shares of the company’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the sale, the insider now directly owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the transaction, the insider now directly owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Celia Karam sold 16,913 shares of the stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the sale, the insider now directly owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Capital One Financial Stock Down 2.0 %

COF stock opened at $134.86 on Wednesday. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86. The firm has a market cap of $51.27 billion, a PE ratio of 10.56, a PEG ratio of 1.08 and a beta of 1.45. Capital One Financial Co. has a 1 year low of $88.23 and a 1 year high of $149.94. The company has a fifty day simple moving average of $140.05 and a 200 day simple moving average of $136.87.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The company had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.35 billion. Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. Capital One Financial’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the firm earned $2.31 EPS. Sell-side analysts anticipate that Capital One Financial Co. will post 13.3 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, May 10th. This represents a $2.40 annualized dividend and a yield of 1.78%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

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.