3,124 Shares in Capital One Financial Co. (NYSE:COF) Bought by DRW Securities LLC

DRW Securities LLC acquired a new stake in shares of Capital One Financial Co. (NYSE:COF) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,124 shares of the financial services provider’s stock, valued at approximately $433,000.

Other hedge funds also recently added to or reduced their stakes in the company. Silicon Valley Capital Partners acquired a new stake in shares of Capital One Financial in the 1st quarter valued at about $25,000. LRI Investments LLC acquired a new stake in Capital One Financial during the first quarter valued at approximately $25,000. Y.D. More Investments Ltd acquired a new stake in Capital One Financial during the second quarter valued at approximately $28,000. Hobbs Group Advisors LLC bought a new position in Capital One Financial during the 2nd quarter worth approximately $29,000. Finally, Bartlett & CO. Wealth Management LLC grew its position in shares of Capital One Financial by 726.7% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 218 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

COF has been the topic of several research reports. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and upped their price target for the company from $145.00 to $165.00 in a research report on Thursday, June 6th. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a report on Monday, July 8th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $150.00 price target on shares of Capital One Financial in a report on Thursday, July 25th. Bank of America increased their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Finally, Evercore ISI decreased their target price on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial currently has an average rating of “Hold” and an average price target of $147.21.

Insiders Place Their Bets

In other news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at approximately $5,438,491.24. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CEO Kevin S. Borgmann sold 61,532 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the transaction, the chief executive officer now owns 40,934 shares of the company’s stock, valued at $5,438,491.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares in the company, valued at $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Capital One Financial Trading Down 0.7 %

NYSE:COF opened at $151.22 on Tuesday. Capital One Financial Co. has a 1 year low of $88.23 and a 1 year high of $154.18. The business has a fifty day moving average of $142.69 and a 200-day moving average of $141.03. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market cap of $57.49 billion, a price-to-earnings ratio of 11.84, a PEG ratio of 1.08 and a beta of 1.44.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The company had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.57 billion. During the same period in the previous year, the business posted $3.52 EPS. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. Equities analysts predict that Capital One Financial Co. will post 13.1 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were paid a dividend of $0.60 per share. The ex-dividend date was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.59%. Capital One Financial’s dividend payout ratio is presently 18.79%.

Capital One Financial 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.