105,383 Shares in Capital One Financial Corporation $COF Bought by Westwood Holdings Group Inc.

Westwood Holdings Group Inc. bought a new stake in Capital One Financial Corporation (NYSE:COF) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 105,383 shares of the financial services provider’s stock, valued at approximately $22,421,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in COF. Moisand Fitzgerald Tamayo LLC raised its holdings in Capital One Financial by 103.3% in the 2nd 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. Olistico Wealth LLC increased its position in Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 101 shares during the period. Atlantic Edge Private Wealth Management LLC raised its stake in shares of Capital One Financial by 66.7% during the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 50 shares during the last quarter. RMG Wealth Management LLC acquired a new position in shares of Capital One Financial during the second quarter worth $27,000. Finally, Solstein Capital LLC bought a new stake in shares of Capital One Financial in the second quarter worth $28,000. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Trading Down 0.7%

NYSE:COF opened at $237.71 on Monday. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $243.31. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $151.12 billion, a price-to-earnings ratio of 100.30, a PEG ratio of 0.57 and a beta of 1.16. The firm has a fifty day simple moving average of $217.78 and a two-hundred day simple moving average of $215.25.

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

Capital One Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were issued a dividend of $0.80 per share. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Monday, November 17th. Capital One Financial’s dividend payout ratio is presently 135.02%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Neal Blinde sold 43,200 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the transaction, the insider owned 73,020 shares in the company, valued at approximately $16,198,026.60. This represents a 37.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Celia Karam sold 2,936 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $218.15, for a total transaction of $640,488.40. Following the completion of the transaction, the insider directly owned 63,433 shares in the company, valued at $13,837,908.95. This trade represents a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 280,218 shares of company stock valued at $62,395,804 over the last three months. 1.26% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have commented on COF. BTIG Research reaffirmed a “buy” rating and set a $264.00 target price on shares of Capital One Financial in a report on Wednesday, October 22nd. Jefferies Financial Group increased their target price on shares of Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. The Goldman Sachs Group boosted their price target on shares of Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Capital One Financial from $224.00 to $240.00 and gave the stock a “hold” rating in a research note on Wednesday, October 22nd. Finally, Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $262.70.

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.