Washington Trust Advisors Inc. Has $30,000 Stock Holdings in Capital One Financial Corporation $COF

Washington Trust Advisors Inc. raised its position in shares of Capital One Financial Corporation (NYSE:COF) by 113.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 143 shares of the financial services provider’s stock after buying an additional 76 shares during the period. Washington Trust Advisors Inc.’s holdings in Capital One Financial were worth $30,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after purchasing an additional 10,428 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in Capital One Financial by 16.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 32,884 shares of the financial services provider’s stock valued at $5,896,000 after acquiring an additional 4,577 shares during the last quarter. Daymark Wealth Partners LLC boosted its stake in Capital One Financial by 10.9% in the first quarter. Daymark Wealth Partners LLC now owns 4,188 shares of the financial services provider’s stock valued at $751,000 after acquiring an additional 413 shares during the last quarter. Spire Wealth Management boosted its position in shares of Capital One Financial by 17.2% during the first quarter. Spire Wealth Management now owns 6,574 shares of the financial services provider’s stock worth $1,179,000 after purchasing an additional 965 shares in the last quarter. Finally, Golden State Wealth Management LLC boosted its position in shares of Capital One Financial by 397.5% during the first quarter. Golden State Wealth Management LLC now owns 2,935 shares of the financial services provider’s stock worth $526,000 after purchasing an additional 2,345 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Ratings Changes

COF has been the topic of a number of recent analyst reports. Citigroup lifted their price target on shares of Capital One Financial from $275.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday. Royal Bank Of Canada lifted their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 23rd. TD Cowen lifted their price target on shares of Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Capital One Financial in a research note on Friday. Finally, Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $260.79.

Capital One Financial Price Performance

COF stock opened at $224.93 on Friday. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The company’s fifty day simple moving average is $219.38 and its 200 day simple moving average is $205.25. The firm has a market cap of $143.85 billion, a price-to-earnings ratio of 94.91, a PEG ratio of 0.77 and a beta of 1.18.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.25 by $1.70. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The business had revenue of $15.36 billion for the quarter, compared to analyst estimates of $15.06 billion. During the same period in the prior year, the firm earned $4.51 earnings per share. Capital One Financial’s revenue was up 53.4% on a year-over-year basis. On average, analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial’s dividend payout ratio (DPR) is presently 101.27%.

Insider Activity at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total value of $423,980.00. Following the sale, the general counsel owned 98,486 shares of the company’s stock, valued at approximately $20,878,047.14. The trade was a 1.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Timothy P. Golden sold 3,462 shares of Capital One Financial stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total transaction of $727,989.36. Following the completion of the sale, the chief accounting officer directly owned 8,987 shares in the company, valued at approximately $1,889,786.36. This represents a 27.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,184 shares of company stock valued at $2,799,248 over the last ninety days. Corporate insiders own 1.26% of the company’s stock.

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.