Capital One Financial Co. (NYSE:COF) Stake Boosted by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. increased its position in shares of Capital One Financial Co. (NYSE:COF) by 136.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,456 shares of the financial services provider’s stock after purchasing an additional 4,304 shares during the quarter. Burke & Herbert Bank & Trust Co.’s holdings in Capital One Financial were worth $1,032,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. LRI Investments LLC acquired a new position in shares of Capital One Financial during the first quarter valued at $25,000. Silicon Valley Capital Partners acquired a new position in shares of Capital One Financial during the first quarter valued at $25,000. Rise Advisors LLC acquired a new position in shares of Capital One Financial during the first quarter valued at $33,000. Bartlett & CO. Wealth Management LLC boosted 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 during the period. Finally, Tortoise Investment Management LLC raised its stake 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 valued at $36,000 after purchasing an additional 80 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Performance

Shares of NYSE COF traded up $1.88 during trading hours on Tuesday, reaching $134.00. The stock had a trading volume of 1,655,902 shares, compared to its average volume of 2,536,229. The business’s fifty day moving average is $139.64 and its two-hundred day moving average is $139.68. 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 company has a market cap of $50.95 billion, a price-to-earnings ratio of 10.49, a PEG ratio of 1.13 and a beta of 1.45. Capital One Financial Co. has a twelve month low of $88.23 and a twelve month high of $153.35.

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 for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The company had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The business’s revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the company earned $3.52 earnings per share. As a group, research analysts expect that Capital One Financial Co. will post 13.17 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Monday, August 12th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend is Monday, August 12th. Capital One Financial’s dividend payout ratio is 18.79%.

Analyst Upgrades and Downgrades

COF has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, July 8th. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and boosted their price target for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. Evercore ISI dropped their price target on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research report on Tuesday, June 25th. Bank of America boosted their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Finally, BTIG Research started coverage on shares of Capital One Financial in a research report on Friday, June 7th. They issued a “neutral” rating on the stock. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, Capital One Financial presently has a consensus rating of “Hold” and an average target price of $145.89.

Insider Activity at Capital One Financial

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

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.