Capital One Financial Co. (NYSE:COF) Shares Bought by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC grew its holdings in shares of Capital One Financial Co. (NYSE:COF) by 18.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,057 shares of the financial services provider’s stock after buying an additional 326 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Capital One Financial were worth $285,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Silicon Valley Capital Partners bought a new position in Capital One Financial during the 1st quarter valued at $25,000. LRI Investments LLC bought a new position in shares of Capital One Financial during the first quarter worth about $25,000. Hobbs Group Advisors LLC bought a new position in shares of Capital One Financial during the second quarter worth about $29,000. Bartlett & CO. Wealth Management LLC grew its stake in Capital One Financial by 726.7% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares in the last quarter. Finally, Rise Advisors LLC bought a new stake in Capital One Financial in the first quarter valued at about $33,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

COF has been the topic of a number of research analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $150.00 target price on shares of Capital One Financial in a report on Thursday, July 25th. Bank of America raised their price objective on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Evercore ISI lowered their target price on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. BTIG Research assumed coverage on shares of Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating on the stock. Finally, Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their price target for the company from $145.00 to $165.00 in a report on Thursday, June 6th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $145.89.

Insider Activity

In other news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares of the company’s stock, valued at $11,060,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares of the company’s stock, valued at $11,060,100. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at $5,438,491.24. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Stock Performance

Shares of NYSE:COF traded down $1.79 on Wednesday, hitting $139.72. The company’s stock had a trading volume of 1,386,511 shares, compared to its average volume of 2,503,883. The company has a market capitalization of $53.12 billion, a price-to-earnings ratio of 10.91, a price-to-earnings-growth ratio of 1.13 and a beta of 1.45. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a 12 month low of $88.23 and a 12 month high of $153.35. The stock’s 50-day moving average is $139.82 and its two-hundred day moving average is $139.78.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The business had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. Capital One Financial’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the business posted $3.52 earnings per share. On average, equities research analysts forecast that Capital One Financial Co. will post 13.17 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 23rd. Stockholders of record on Monday, August 12th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date is Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

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.