Well Done LLC bought a new position in shares of Capital One Financial Corp. (NYSE:COF) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,111 shares of the financial services provider’s stock, valued at approximately $106,000.
Several other large investors have also added to or reduced their stakes in COF. Bedel Financial Consulting Inc. purchased a new stake in shares of Capital One Financial during the first quarter worth about $107,000. Psagot Investment House Ltd. boosted its position in Capital One Financial by 98.3% in the first quarter. Psagot Investment House Ltd. now owns 1,190 shares of the financial services provider’s stock valued at $114,000 after buying an additional 590 shares during the last quarter. Delpha Capital Management LLC purchased a new stake in Capital One Financial in the fourth quarter valued at approximately $134,000. Jacobi Capital Management LLC boosted its position in Capital One Financial by 98.3% in the first quarter. Jacobi Capital Management LLC now owns 1,370 shares of the financial services provider’s stock valued at $128,000 after buying an additional 679 shares during the last quarter. Finally, SeaCrest Wealth Management LLC purchased a new stake in Capital One Financial in the fourth quarter valued at approximately $141,000. Institutional investors and hedge funds own 88.82% of the company’s stock.
In related news, CFO Richard Scott Blackley sold 2,194 shares of the stock in a transaction dated Friday, March 16th. The stock was sold at an average price of $98.19, for a total value of $215,428.86. Following the completion of the transaction, the chief financial officer now owns 38,537 shares of the company’s stock, valued at $3,783,948.03. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jory A. Berson sold 18,909 shares of the stock in a transaction dated Thursday, June 7th. The shares were sold at an average price of $97.09, for a total value of $1,835,874.81. The disclosure for this sale can be found here. In the last three months, insiders have sold 297,072 shares of company stock valued at $27,791,398. 1.40% of the stock is owned by company insiders.
Several equities research analysts have commented on the company. Nomura lowered Capital One Financial from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $111.00 to $109.00 in a research report on Wednesday, February 21st. Instinet downgraded Capital One Financial from a “buy” rating to a “neutral” rating and upped their target price for the stock from $98.47 to $109.00 in a research note on Wednesday, February 21st. Zacks Investment Research downgraded Capital One Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, March 6th. Robert W. Baird reissued a “hold” rating on shares of Capital One Financial in a research note on Wednesday, April 25th. Finally, Oppenheimer restated a “hold” rating on shares of Capital One Financial in a report on Tuesday, April 24th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $108.52.
Shares of Capital One Financial opened at $96.01 on Thursday, Marketbeat Ratings reports. The firm has a market cap of $46.82 billion, a P/E ratio of 12.32, a PEG ratio of 0.90 and a beta of 1.31. Capital One Financial Corp. has a 1 year low of $76.98 and a 1 year high of $106.50. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.02.
Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, April 24th. The financial services provider reported $2.65 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.34 by $0.31. The company had revenue of $6.90 million during the quarter, compared to analysts’ expectations of $6.93 billion. Capital One Financial had a return on equity of 9.23% and a net margin of 8.38%. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.75 earnings per share. research analysts predict that Capital One Financial Corp. will post 10.07 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Thursday, May 24th. Shareholders of record on Monday, May 14th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend was Friday, May 11th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.54%.
Capital One Financial Company Profile
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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