Capital One Financial Corporation $COF Shares Bought by Mountain Pacific Investment Advisers LLC

Mountain Pacific Investment Advisers LLC grew its position in shares of Capital One Financial Corporation (NYSE:COF) by 4.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,651 shares of the financial services provider’s stock after purchasing an additional 203 shares during the quarter. Mountain Pacific Investment Advisers LLC’s holdings in Capital One Financial were worth $990,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC lifted its stake in Capital One Financial by 103.3% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after buying an additional 62 shares during the last quarter. Signature Resources Capital Management LLC purchased a new stake in Capital One Financial in the 2nd quarter valued at $28,000. WPG Advisers LLC acquired a new stake in Capital One Financial during the 1st quarter worth $25,000. Saudi Central Bank purchased a new position in Capital One Financial during the 1st quarter worth $27,000. Finally, First United Bank & Trust acquired a new position in Capital One Financial in the second quarter valued at $32,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Trading Up 0.5%

NYSE:COF opened at $213.55 on Thursday. The stock has a fifty day moving average price of $219.22 and a two-hundred day moving average price of $200.32. The stock has a market capitalization of $136.57 billion, a price-to-earnings ratio of 109.51, a PEG ratio of 0.81 and a beta of 1.18. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, topping the consensus estimate of $1.93 by $3.55. The company had revenue of $12.49 billion for the quarter, compared to analysts’ expectations of $12.72 billion. Capital One Financial’s revenue for the quarter was up 31.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.14 earnings per share. As a group, sell-side analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. Capital One Financial’s dividend payout ratio (DPR) is 123.08%.

Insider Activity at Capital One Financial

In related news, insider Michael Zamsky sold 5,515 shares of Capital One Financial stock in a transaction on Monday, August 4th. The stock was sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of the transaction, the insider directly owned 27,364 shares of the company’s stock, valued at approximately $5,735,220.76. The trade was a 16.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Robert M. Alexander sold 10,114 shares of the firm’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the completion of the transaction, the insider owned 68,707 shares of the company’s stock, valued at approximately $15,655,577.02. This represents a 12.83% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,298 shares of company stock valued at $4,679,844 in the last 90 days. Insiders own 1.26% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on COF shares. Evercore ISI increased their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a research note on Tuesday. TD Cowen raised Capital One Financial from a “hold” rating to a “buy” rating and boosted their target price for the company from $184.00 to $258.00 in a report on Tuesday, July 8th. Wells Fargo & Company upped their price target on Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Wall Street Zen raised Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $245.00 to $248.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $244.29.

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.