5,353 Shares in Capital One Financial Corporation $COF Bought by Bull Harbor Capital LLC

Bull Harbor Capital LLC acquired a new position in Capital One Financial Corporation (NYSE:COF) during the 1st quarter, HoldingsChannel.com reports. The firm acquired 5,353 shares of the financial services provider’s stock, valued at approximately $977,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Evolution Wealth Management Inc. lifted its position in Capital One Financial by 529.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 90 shares during the last quarter. VSM Wealth Advisory LLC bought a new position in shares of Capital One Financial in the fourth quarter worth approximately $27,000. Cherry Tree Wealth Management LLC grew its holdings in shares of Capital One Financial by 1,312.5% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 105 shares during the last quarter. Strive Asset Management LLC bought a new position in shares of Capital One Financial in the third quarter worth approximately $28,000. Finally, Frazier Financial Advisors LLC purchased a new position in shares of Capital One Financial in the first quarter worth $29,000. Institutional investors own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In related news, insider Celia Karam sold 1,749 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $192.58, for a total value of $336,822.42. Following the sale, the insider owned 61,579 shares in the company, valued at $11,858,883.82. This represents a 2.76% decrease in their position. The transaction 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 firm’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total value of $728,000.00. Following the transaction, the general counsel directly owned 90,194 shares of the company’s stock, valued at approximately $18,760,352. This trade represents a 3.74% decrease in their position. 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 valued at $1,708,577 over the last quarter. Company insiders own 0.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on COF shares. Citigroup dropped their price target on shares of Capital One Financial from $310.00 to $295.00 and set a “buy” rating for the company in a research report on Tuesday. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. Royal Bank Of Canada lowered their price objective on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a research note on Friday, April 10th. Finally, Evercore dropped their target price on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a report on Monday, April 6th. Twenty equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $259.14.

Capital One Financial Stock Down 1.6%

NYSE:COF opened at $208.92 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The firm’s 50-day moving average price is $196.82 and its 200-day moving average price is $199.23. The company has a market capitalization of $130.01 billion, a PE ratio of 12.93, a P/E/G ratio of 0.78 and a beta of 1.02. Capital One Financial Corporation has a 1-year low of $174.24 and a 1-year high of $259.64.

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

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be paid 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 dividend yield of 1.5%. Capital One Financial’s dividend payout ratio (DPR) is currently 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.