Laraway Financial Advisors Inc Acquires Shares of 3,951 Capital One Financial Corporation $COF

Laraway Financial Advisors Inc bought a new stake in shares of Capital One Financial Corporation (NYSE:COF) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 3,951 shares of the financial services provider’s stock, valued at approximately $841,000.

A number of other large investors also recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. lifted its stake in Capital One Financial by 18.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,882 shares of the financial services provider’s stock valued at $10,010,000 after buying an additional 9,374 shares during the period. Plancorp LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at approximately $272,000. Creative Financial Designs Inc. ADV raised its position in shares of Capital One Financial by 105.3% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 768 shares of the financial services provider’s stock valued at $138,000 after acquiring an additional 394 shares during the period. Private Advisor Group LLC boosted its stake in Capital One Financial by 15.3% during the 1st quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider’s stock worth $1,776,000 after acquiring an additional 1,312 shares during the last quarter. Finally, Mutual Advisors LLC acquired a new position in Capital One Financial during the first quarter valued at approximately $215,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other news, insider Michael Zamsky sold 5,515 shares of the stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of the transaction, the insider directly owned 27,364 shares in the company, valued at $5,735,220.76. This represents a 16.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Timothy P. Golden sold 207 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total value of $44,589.87. Following the completion of the transaction, the chief accounting officer owned 8,780 shares of the company’s stock, valued at $1,891,299.80. The trade was a 2.30% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 23,298 shares of company stock valued at $5,103,824. Corporate insiders own 1.26% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on COF. Wells Fargo & Company increased their target price on shares of Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Citigroup raised their price objective on Capital One Financial from $250.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. Morgan Stanley boosted their target price on Capital One Financial from $261.00 to $267.00 and gave the company an “overweight” rating in a research note on Monday, September 29th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Capital One Financial in a research report on Saturday, September 27th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $249.44.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $213.78 on Tuesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a market cap of $136.72 billion, a price-to-earnings ratio of 109.63, a price-to-earnings-growth ratio of 0.79 and a beta of 1.18. The stock’s 50-day moving average is $219.29 and its 200-day moving average is $201.62. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $232.45.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. The firm’s quarterly revenue was up 31.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.14 earnings per share. Equities analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, August 15th. Capital One Financial’s payout ratio is presently 123.08%.

Capital One Financial 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.