Capital One Financial Co. (NYSE:COF) Shares Purchased by Strong Tower Advisory Services

Strong Tower Advisory Services raised its holdings in shares of Capital One Financial Co. (NYSE:COF) by 7.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,749 shares of the financial services provider’s stock after buying an additional 2,677 shares during the period. Capital One Financial comprises 1.5% of Strong Tower Advisory Services’ investment portfolio, making the stock its 22nd largest position. Strong Tower Advisory Services’ holdings in Capital One Financial were worth $5,502,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of COF. Silicon Valley Capital Partners acquired a new position in Capital One Financial during the first quarter valued at approximately $25,000. LRI Investments LLC acquired a new position in Capital One Financial during the first quarter valued at approximately $25,000. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial during the second quarter valued at approximately $28,000. Hobbs Group Advisors LLC purchased a new stake in shares of Capital One Financial during the second quarter valued at approximately $29,000. Finally, Bartlett & CO. Wealth Management LLC raised its stake 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 purchasing an additional 218 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Citigroup assumed coverage on shares of Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 price objective on the stock. Evercore ISI dropped their price objective on shares of Capital One Financial from $166.00 to $163.00 and set an “in-line” rating on the stock in a research note on Monday. Royal Bank of Canada reiterated a “sector perform” rating and set a $150.00 price objective on shares of Capital One Financial in a research note on Thursday, July 25th. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Bank of America lifted 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 note on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Capital One Financial currently has an average rating of “Hold” and an average price target of $148.00.

Insider Activity

In other news, insider Robert M. Alexander sold 30,742 shares of the business’s 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 completion of the transaction, the insider now owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction dated Tuesday, August 6th. The shares were 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. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, 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 directly owns 73,734 shares of the company’s stock, valued at $11,060,100. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Stock Performance

COF stock traded up $3.82 during trading on Friday, hitting $154.95. 549,231 shares of the company’s stock traded hands, compared to its average volume of 2,436,542. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. Capital One Financial Co. has a 52 week low of $88.23 and a 52 week high of $155.41. The stock has a fifty day moving average price of $142.90 and a two-hundred day moving average price of $141.89. The stock has a market capitalization of $59.17 billion, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 1.22 and a beta of 1.44.

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 (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The firm had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.57 billion. During the same period last year, the firm posted $3.52 EPS. The business’s revenue was up 5.5% compared to the same quarter last year. As a group, equities analysts anticipate that Capital One Financial Co. will post 12.87 EPS 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 issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.55%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is 22.58%.

Capital One Financial Company 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.