Capital One Financial Co. (NYSE:COF) Shares Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. raised its stake in Capital One Financial Co. (NYSE:COF) by 6.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,693 shares of the financial services provider’s stock after purchasing an additional 102 shares during the quarter. Benjamin Edwards Inc.’s holdings in Capital One Financial were worth $234,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in COF. Cantor Fitzgerald Investment Advisors L.P. acquired a new position in shares of Capital One Financial during the 4th quarter valued at $2,299,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of Capital One Financial by 21.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock valued at $4,093,000 after acquiring an additional 4,840 shares in the last quarter. Twin Tree Management LP lifted its holdings in shares of Capital One Financial by 5.6% during the 1st quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock valued at $10,200,000 after acquiring an additional 3,609 shares in the last quarter. Clear Harbor Asset Management LLC acquired a new position in shares of Capital One Financial during the 2nd quarter valued at $511,000. Finally, QRG Capital Management Inc. lifted its holdings in shares of Capital One Financial by 3.2% during the 2nd quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider’s stock valued at $16,927,000 after acquiring an additional 3,776 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In related news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction dated 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 sale, 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 is available at the SEC website. In related news, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction that occurred on 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 completion of the transaction, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Kevin S. Borgmann sold 61,532 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer now owns 40,934 shares in the company, valued at $5,438,491.24. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $152.28 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The firm’s 50-day moving average price is $142.56 and its two-hundred day moving average price is $140.90. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $153.36. The stock has a market capitalization of $57.90 billion, a P/E ratio of 11.92, a P/E/G ratio of 1.08 and a beta of 1.44.

Capital One Financial (NYSE:COF) last announced 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 during the quarter, compared to the consensus estimate of $9.57 billion. During the same period last year, the business posted $3.52 EPS. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, sell-side analysts forecast that Capital One Financial Co. will post 13.1 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, August 23rd. Stockholders of record on Monday, August 12th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on COF shares. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their target price for the company from $145.00 to $165.00 in a report on Thursday, June 6th. BTIG Research initiated coverage on shares of Capital One Financial in a research note on Friday, June 7th. They set a “neutral” rating on the stock. Citigroup assumed coverage on Capital One Financial in a report on Friday. They issued a “buy” rating and a $190.00 price target for the company. Royal Bank of Canada restated a “sector perform” rating and set a $150.00 price objective on shares of Capital One Financial in a report on Thursday, July 25th. Finally, Evercore ISI reduced 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 research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus 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.