HighPoint Advisor Group LLC Takes Position in Capital One Financial Co. (NYSE:COF)

HighPoint Advisor Group LLC acquired a new stake in Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,638 shares of the financial services provider’s stock, valued at approximately $933,000.

Several other hedge funds have also modified their holdings of COF. Householder Group Estate & Retirement Specialist LLC raised its stake in shares of Capital One Financial by 1,658.3% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 199 shares in the last quarter. Bartlett & Co. LLC grew its holdings in shares of Capital One Financial by 726.7% during the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares during the last quarter. Bartlett & CO. Wealth Management LLC grew 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 worth $33,000 after purchasing an additional 218 shares during the last quarter. Sound Income Strategies LLC grew its holdings in shares of Capital One Financial by 109.4% during the fourth quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 139 shares during the last quarter. Finally, Tortoise Investment Management LLC grew its holdings in shares of Capital One Financial by 41.9% during the fourth quarter. Tortoise Investment Management LLC now owns 271 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 80 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Trading Down 0.1 %

COF stock traded down $0.10 during midday trading on Tuesday, hitting $137.00. The stock had a trading volume of 84,464 shares, compared to its average volume of 2,495,361. Capital One Financial Co. has a 12-month low of $88.23 and a 12-month high of $149.94. The company’s 50-day moving average price is $140.38 and its 200 day moving average price is $135.95. The firm has a market cap of $52.09 billion, a PE ratio of 10.74, a price-to-earnings-growth ratio of 1.05 and a beta of 1.45. 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 (NYSE:COFGet Free Report) last announced its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $9.40 billion for the quarter, compared to analysts’ expectations of $9.35 billion. During the same period in the prior year, the firm earned $2.31 earnings per share. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. On average, equities research analysts predict that Capital One Financial Co. will post 13.05 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were given a dividend of $0.60 per share. The ex-dividend date was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a yield of 1.75%. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

Insider Buying and Selling

In related 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 transaction of $2,416,529.44. Following the completion of the sale, the insider now directly owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of the business’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 in the company, valued at approximately $1,475,833.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Celia Karam sold 16,913 shares of the business’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 in the company, valued at approximately $6,726,933.28. The disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on COF shares. Royal Bank of Canada raised their price objective on Capital One Financial from $142.00 to $150.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 21st. Wells Fargo & Company raised their price target on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a report on Wednesday, April 10th. BTIG Research began coverage on Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating on the stock. UBS Group raised their price target on Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a report on Thursday, February 29th. Finally, Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target on the stock in a report on Thursday, April 4th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $141.25.

Read Our Latest Research Report on Capital One Financial

Capital One Financial Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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