Capital One Financial Corporation $COF Shares Purchased by RBF Capital LLC

RBF Capital LLC raised its stake in Capital One Financial Corporation (NYSE:COF) by 5.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 72,596 shares of the financial services provider’s stock after acquiring an additional 3,680 shares during the period. RBF Capital LLC’s holdings in Capital One Financial were worth $13,244,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Kentucky Retirement Systems grew its holdings in shares of Capital One Financial by 20.6% in the 1st quarter. Kentucky Retirement Systems now owns 47,601 shares of the financial services provider’s stock worth $8,684,000 after acquiring an additional 8,135 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Capital One Financial by 6.1% during the first quarter. Janus Henderson Group PLC now owns 2,240,915 shares of the financial services provider’s stock valued at $408,787,000 after purchasing an additional 128,816 shares during the last quarter. Oddo BHF Asset Management Sas lifted its holdings in shares of Capital One Financial by 4.2% during the first quarter. Oddo BHF Asset Management Sas now owns 18,821 shares of the financial services provider’s stock valued at $3,434,000 after purchasing an additional 761 shares during the last quarter. Bull Harbor Capital LLC acquired a new position in shares of Capital One Financial in the 1st quarter valued at $977,000. Finally, Strategic Investment Advisors MI boosted its position in shares of Capital One Financial by 47.7% in the 1st quarter. Strategic Investment Advisors MI now owns 1,297 shares of the financial services provider’s stock valued at $237,000 after purchasing an additional 419 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

COF has been the topic of several recent analyst reports. The Goldman Sachs Group cut their price objective on Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a report on Tuesday, April 7th. Morgan Stanley decreased their target price on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Wells Fargo & Company dropped their target price on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. UBS Group boosted their price target on shares of Capital One Financial from $270.00 to $275.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Finally, Argus reduced their price target on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Twenty equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $259.14.

Insider Buying and Selling

In other Capital One Financial news, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction on Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the completion of the sale, the insider owned 61,579 shares of the company’s stock, valued at $11,858,883.82. This trade represents a 2.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total transaction of $728,000.00. Following the transaction, the general counsel owned 90,194 shares in the company, valued at approximately $18,760,352. This represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 8,749 shares of company stock worth $1,708,577 over the last ninety days. 0.78% of the stock is currently owned by insiders.

Capital One Financial Trading Down 1.6%

Shares of NYSE COF opened at $208.92 on Thursday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. The business has a 50-day moving average price of $196.82 and a two-hundred day moving average price of $199.23. The firm has a market capitalization of $130.01 billion, a PE ratio of 12.93, a PEG ratio of 0.78 and a beta of 1.02.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. The company had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The firm’s quarterly revenue was up 26.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.48 EPS. As a group, analysts predict that Capital One Financial Corporation will post 20.13 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. Capital One Financial’s payout ratio is presently 19.80%.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.