Hantz Financial Services Inc. Buys New Shares in Capital One Financial Co. (NYSE:COF)

Hantz Financial Services Inc. purchased a new position in shares of Capital One Financial Co. (NYSE:COF) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 31,571 shares of the financial services provider’s stock, valued at approximately $4,371,000.

Several other hedge funds have also recently added to or reduced their stakes in COF. Financial Security Advisor Inc. boosted its stake in Capital One Financial by 2.4% in the first quarter. Financial Security Advisor Inc. now owns 3,255 shares of the financial services provider’s stock worth $485,000 after buying an additional 75 shares in the last quarter. Valley National Advisers Inc. grew its holdings in shares of Capital One Financial by 0.5% during the 1st quarter. Valley National Advisers Inc. now owns 16,366 shares of the financial services provider’s stock valued at $2,435,000 after purchasing an additional 75 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its position in Capital One Financial by 11.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock worth $107,000 after purchasing an additional 75 shares during the period. Smith Chas P & Associates PA Cpas lifted its stake in Capital One Financial by 2.8% in the first quarter. Smith Chas P & Associates PA Cpas now owns 2,829 shares of the financial services provider’s stock worth $421,000 after purchasing an additional 76 shares during the last quarter. Finally, Marcum Wealth LLC boosted its position in Capital One Financial by 3.6% during the second quarter. Marcum Wealth LLC now owns 2,295 shares of the financial services provider’s stock valued at $318,000 after buying an additional 79 shares during the period. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Royal Bank of Canada reiterated a “sector perform” rating and set a $150.00 target price on shares of Capital One Financial in a report on Thursday, July 25th. Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and upped their target price for the company from $145.00 to $165.00 in a report on Thursday, June 6th. JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a report on Monday, July 8th. Bank of America upped their price objective 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. Finally, Evercore ISI dropped their target price 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. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Capital One Financial presently has an average rating of “Hold” and an average target price of $145.89.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the business’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 directly owns 73,734 shares in the company, valued at approximately $11,060,100. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction 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 completion of the sale, the chief executive officer now owns 40,934 shares of the company’s stock, valued at $5,438,491.24. The disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Stock Performance

Shares of COF opened at $146.93 on Friday. Capital One Financial Co. has a 12 month low of $88.23 and a 12 month high of $153.35. The business’s fifty day simple moving average is $140.63 and its two-hundred day simple moving average is $140.07. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. The company has a market cap of $55.86 billion, a price-to-earnings ratio of 11.51, a P/E/G ratio of 1.13 and a beta of 1.45.

Capital One Financial (NYSE:COF) last issued its 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 business had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. Capital One Financial’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the firm posted $3.52 EPS. Research analysts anticipate that Capital One Financial Co. will post 13.17 earnings per share for the current fiscal 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 paid a $0.60 dividend. The ex-dividend date was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.63%. Capital One Financial’s dividend payout ratio (DPR) is currently 18.79%.

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.