Applied Capital LLC FL Acquires Shares of 1,379 Capital One Financial Co. (NYSE:COF)

Applied Capital LLC FL acquired a new stake in Capital One Financial Co. (NYSE:COF) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,379 shares of the financial services provider’s stock, valued at approximately $205,000.

Other hedge funds also recently bought and sold shares of the company. Householder Group Estate & Retirement Specialist LLC raised its holdings in Capital One Financial by 1,658.3% in the 4th 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 during the last quarter. Bartlett & Co. LLC increased its holdings in shares of Capital One Financial by 726.7% during the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after buying an additional 218 shares during the last quarter. Bartlett & CO. Wealth Management LLC increased its holdings in shares of Capital One Financial by 726.7% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after buying an additional 218 shares during the last quarter. Rise Advisors LLC acquired a new stake in shares of Capital One Financial during the 1st quarter worth approximately $33,000. Finally, Sound Income Strategies LLC increased its holdings in shares of Capital One Financial by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after buying an additional 139 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of the company’s stock in a transaction dated 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 sale, the insider now owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Timothy P. Golden sold 8,656 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the insider now owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction that occurred 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 transaction, the insider now directly owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Capital One Financial Stock Performance

NYSE COF traded up $0.73 during trading on Tuesday, reaching $140.43. The company’s stock had a trading volume of 1,550,254 shares, compared to its average volume of 2,521,590. Capital One Financial Co. has a twelve month low of $88.23 and a twelve month high of $149.94. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. The business’s fifty day moving average price is $139.65 and its 200-day moving average price is $137.26. The firm has a market cap of $53.39 billion, a price-to-earnings ratio of 10.98, a P/E/G ratio of 1.09 and a beta of 1.46.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The firm had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. During the same quarter last year, the firm earned $2.31 earnings per share. The company’s revenue was up 5.6% compared to the same quarter last year. As a group, analysts anticipate that Capital One Financial Co. will post 13.31 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.71%. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on COF. JPMorgan Chase & Co. raised their price target on shares of Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a report on Wednesday, April 3rd. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and increased their price objective for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. Wolfe Research raised shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price objective for the company in a research report on Thursday, April 4th. BTIG Research initiated coverage on shares of Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating for the company. Finally, Evercore ISI lowered their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research report on Tuesday, June 25th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and a consensus target price of $141.20.

About Capital One Financial

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.