Vestmark Advisory Solutions Inc. Acquires 15,272 Shares of Capital One Financial Corporation $COF

Vestmark Advisory Solutions Inc. boosted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 182.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,622 shares of the financial services provider’s stock after purchasing an additional 15,272 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Capital One Financial were worth $5,026,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of COF. Earned Wealth Advisors LLC purchased a new position in shares of Capital One Financial during the second quarter valued at about $254,000. Plancorp LLC purchased a new stake in Capital One Financial in the second quarter worth about $272,000. Private Advisor Group LLC boosted its position in Capital One Financial by 15.3% during the 1st quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider’s stock valued at $1,776,000 after acquiring an additional 1,312 shares in the last quarter. Callodine Capital Management LP grew its holdings in shares of Capital One Financial by 200.0% during the 1st quarter. Callodine Capital Management LP now owns 150,000 shares of the financial services provider’s stock worth $26,895,000 after acquiring an additional 100,000 shares during the period. Finally, Flagship Harbor Advisors LLC grew its holdings in shares of Capital One Financial by 111.8% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 2,510 shares of the financial services provider’s stock worth $534,000 after acquiring an additional 1,325 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 0.4%

Shares of Capital One Financial stock opened at $217.83 on Friday. The company has a 50-day simple moving average of $219.28 and a two-hundred day simple moving average of $209.43. The stock has a market capitalization of $139.31 billion, a PE ratio of 91.91, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The company had revenue of $15.46 billion during the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. On average, analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 17th will be paid a dividend of $0.80 per share. The ex-dividend date is Monday, November 17th. This represents a $3.20 annualized dividend and a yield of 1.5%. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio (DPR) is 101.27%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Capital One Financial in a research note on Wednesday, October 8th. Evercore ISI boosted their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. Citigroup upped their target price 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, October 23rd. Barclays lifted their price target on shares of Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Finally, UBS Group decreased their target price on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a research note on Tuesday, October 7th. Four analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.

Insiders Place Their Bets

In related news, CAO Timothy P. Golden sold 207 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the sale, the chief accounting officer directly owned 8,780 shares of the company’s stock, valued at $1,891,299.80. This trade represents a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $219.41, for a total value of $438,820.00. Following the completion of the sale, the general counsel owned 96,486 shares of the company’s stock, valued at $21,169,993.26. The trade was a 2.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 259,842 shares of company stock worth $57,857,467 in the last 90 days. 1.26% of the stock is currently owned by company insiders.

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.