Bridges Investment Management Inc. Purchases 1,045 Shares of Capital One Financial Co. (NYSE:COF)

Bridges Investment Management Inc. grew its position in Capital One Financial Co. (NYSE:COF) by 10.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,795 shares of the financial services provider’s stock after purchasing an additional 1,045 shares during the quarter. Bridges Investment Management Inc.’s holdings in Capital One Financial were worth $1,495,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Gryphon Financial Partners LLC grew its holdings in Capital One Financial by 3.3% during the 4th quarter. Gryphon Financial Partners LLC now owns 3,538 shares of the financial services provider’s stock worth $464,000 after acquiring an additional 114 shares during the period. Gladstone Institutional Advisory LLC bought a new stake in Capital One Financial in the fourth quarter worth approximately $246,000. Corient Private Wealth LLC lifted its stake in Capital One Financial by 2.8% in the fourth quarter. Corient Private Wealth LLC now owns 83,502 shares of the financial services provider’s stock valued at $10,949,000 after buying an additional 2,246 shares during the period. Quest Partners LLC bought a new position in shares of Capital One Financial during the 4th quarter worth approximately $522,000. Finally, FineMark National Bank & Trust bought a new stake in shares of Capital One Financial in the 4th quarter valued at $2,169,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Price Performance

COF opened at $152.28 on Friday. The firm has a market cap of $57.90 billion, a P/E ratio of 11.92, a PEG ratio of 1.08 and a beta of 1.44. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $153.36. The firm has a 50-day moving average of $142.56 and a 200 day moving average of $140.88.

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

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 annualized dividend and a dividend yield of 1.58%. Capital One Financial’s payout ratio is 18.79%.

Insider Buying and Selling

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the completion of the transaction, the insider now owns 73,734 shares in the company, valued at $11,060,100. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the sale, the insider now owns 73,734 shares in the company, valued at $11,060,100. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value 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 disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on COF shares. Citigroup assumed coverage on shares of Capital One Financial in a research note on Friday. They set a “buy” rating and a $190.00 target price on the stock. Bank of America lifted their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. BTIG Research started coverage on shares of Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating for the company. Jefferies Financial Group raised shares of 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 report on Thursday, June 6th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $150.00 target price on shares of Capital One Financial in a report on Thursday, July 25th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $147.21.

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.