FCF Advisors LLC Purchases Shares of 17,324 Capital One Financial Co. (NYSE:COF)

FCF Advisors LLC purchased a new stake in shares of Capital One Financial Co. (NYSE:COF) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 17,324 shares of the financial services provider’s stock, valued at approximately $2,594,000.

Other hedge funds have also modified their holdings of the company. Silicon Valley Capital Partners acquired a new position in shares of Capital One Financial during the first quarter valued at about $25,000. LRI Investments LLC acquired a new position in shares of Capital One Financial during the first quarter valued at about $25,000. Y.D. More Investments Ltd acquired a new position in shares of Capital One Financial during the second quarter valued at about $28,000. Hobbs Group Advisors LLC acquired a new position in shares of Capital One Financial during the second quarter valued at about $29,000. Finally, Bartlett & CO. Wealth Management LLC increased its holdings in shares of Capital One Financial by 726.7% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 218 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

COF has been the topic of several research reports. Bank of America increased their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Citigroup initiated coverage on shares of Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 price target on the stock. Evercore ISI cut their price target on shares of Capital One Financial from $166.00 to $163.00 and set an “in-line” rating on the stock in a report on Monday. JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $150.00 price target on shares of Capital One Financial in a report on Thursday, July 25th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $147.79.

Capital One Financial Stock Performance

Shares of NYSE:COF traded down $1.18 during trading on Tuesday, reaching $150.82. The company had a trading volume of 534,144 shares, compared to its average volume of 2,446,181. The firm has a market capitalization of $57.34 billion, a price-to-earnings ratio of 11.75, a price-to-earnings-growth ratio of 1.21 and a beta of 1.44. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. The stock’s fifty day moving average price is $142.80 and its 200 day moving average price is $141.70. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $154.18.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The business had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The company’s revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the company earned $3.52 EPS. As a group, equities research analysts predict that Capital One Financial Co. will post 12.91 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders 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 annualized dividend and a yield of 1.59%. Capital One Financial’s dividend payout ratio is presently 18.79%.

Insider Activity

In related news, CEO Kevin S. Borgmann sold 61,532 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The stock was 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 owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at $5,438,491.24. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

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.