Liberty Capital Management Inc. bought a new position in shares of Capital One Financial Corporation (NYSE:COF – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 1,019 shares of the financial services provider’s stock, valued at approximately $217,000.
Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after buying an additional 10,428 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Capital One Financial by 14.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 26,230 shares of the financial services provider’s stock valued at $4,677,000 after purchasing an additional 3,226 shares in the last quarter. NBC Securities Inc. acquired a new stake in Capital One Financial during the 1st quarter valued at $142,000. Merit Financial Group LLC increased its holdings in Capital One Financial by 56.1% during the 1st quarter. Merit Financial Group LLC now owns 6,142 shares of the financial services provider’s stock valued at $1,101,000 after purchasing an additional 2,207 shares in the last quarter. Finally, Whipplewood Advisors LLC increased its holdings in Capital One Financial by 1,297.4% during the 1st quarter. Whipplewood Advisors LLC now owns 1,090 shares of the financial services provider’s stock valued at $195,000 after purchasing an additional 1,012 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.
Insider Buying and Selling
In other news, insider Robert M. Alexander sold 10,114 shares of the business’s stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the completion of the transaction, the insider directly owned 68,707 shares in the company, valued at approximately $15,655,577.02. The trade was a 12.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $223.40, for a total transaction of $446,800.00. Following the transaction, the general counsel owned 100,486 shares of the company’s stock, valued at approximately $22,448,572.40. This represents a 1.95% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,298 shares of company stock valued at $4,679,844 over the last 90 days. 1.26% of the stock is owned by corporate insiders.
Analyst Ratings Changes
View Our Latest Stock Report on COF
Capital One Financial Stock Down 5.0%
Shares of NYSE:COF opened at $212.50 on Wednesday. The company has a 50 day moving average of $219.34 and a 200-day moving average of $200.23. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $232.45. The stock has a market cap of $135.90 billion, a price-to-earnings ratio of 108.97, a P/E/G ratio of 0.86 and a beta of 1.17.
Capital One Financial (NYSE:COF – Get Free Report) last released its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. During the same period in the prior year, the firm posted $3.14 EPS. Capital One Financial’s revenue was up 31.4% on a year-over-year basis. On average, sell-side analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.
Capital One Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.1%. Capital One Financial’s payout ratio is 123.08%.
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.
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