Sunbelt Securities Inc. Has $147,000 Stock Holdings in Capital One Financial Co. (NYSE:COF)

Sunbelt Securities Inc. raised its stake in shares of Capital One Financial Co. (NYSE:COF) by 24,525.0% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 985 shares of the financial services provider’s stock after purchasing an additional 981 shares during the period. Sunbelt Securities Inc.’s holdings in Capital One Financial were worth $147,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Householder Group Estate & Retirement Specialist LLC boosted its stake in Capital One Financial by 1,658.3% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 199 shares during the last quarter. Rise Advisors LLC acquired a new position in Capital One Financial during the 1st quarter valued at about $33,000. Bartlett & Co. LLC boosted its stake in Capital One Financial by 726.7% during the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares during the last quarter. Bartlett & CO. Wealth Management LLC boosted its stake in Capital One Financial by 726.7% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares during the last quarter. Finally, Sound Income Strategies LLC boosted its stake in Capital One Financial by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 139 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In other 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 value of $2,416,529.44. Following the transaction, the insider now owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, insider Timothy P. Golden sold 8,656 shares of the company’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total value of $1,246,810.24. Following the transaction, the insider now owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Celia Karam sold 16,913 shares of the company’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the transaction, the insider now 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.

Analysts Set New Price Targets

A number of equities analysts have issued reports on COF shares. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $159.00 price target on shares of Capital One Financial in a research note on Wednesday, March 27th. Wolfe Research upgraded Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price on the stock in a research note on Thursday, April 4th. Wells Fargo & Company boosted their target price on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and boosted their target price for the stock from $145.00 to $165.00 in a research note on Thursday, June 6th. Finally, BTIG Research initiated coverage on Capital One Financial in a research note on Friday, June 7th. They issued a “neutral” rating on the stock. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Hold” and an average target price of $141.20.

Capital One Financial Trading Up 3.3 %

Shares of COF stock opened at $138.43 on Friday. The company’s fifty day simple moving average is $139.80 and its two-hundred day simple moving average is $136.99. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 1.00. Capital One Financial Co. has a 1 year low of $88.23 and a 1 year high of $149.94. The stock has a market capitalization of $52.63 billion, a price-to-earnings ratio of 10.84, a PEG ratio of 1.08 and a beta of 1.45.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The business had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.35 billion. During the same period in the previous year, the firm earned $2.31 EPS. The company’s revenue was up 5.6% compared to the same quarter last year. As a group, analysts anticipate that Capital One Financial Co. will post 13.31 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, May 10th. This represents a $2.40 annualized dividend and a dividend yield of 1.73%. Capital One Financial’s payout ratio is currently 18.79%.

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.