Ariston Services Group Has $226,000 Stake in Capital One Financial Corporation $COF

Ariston Services Group reduced its stake in shares of Capital One Financial Corporation (NYSE:COF) by 24.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,064 shares of the financial services provider’s stock after selling 348 shares during the period. Ariston Services Group’s holdings in Capital One Financial were worth $226,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC increased its holdings in shares of Capital One Financial by 588,668.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock valued at $24,988,129,000 after acquiring an additional 117,427,549 shares during the last quarter. Vanguard Group Inc. boosted its position in Capital One Financial by 1.6% during the first quarter. Vanguard Group Inc. now owns 32,250,923 shares of the financial services provider’s stock worth $5,782,590,000 after purchasing an additional 506,105 shares during the period. Bank of New York Mellon Corp grew its holdings in Capital One Financial by 23.7% during the first quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider’s stock valued at $889,519,000 after purchasing an additional 950,415 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Capital One Financial by 18.2% in the first quarter. Goldman Sachs Group Inc. now owns 4,766,573 shares of the financial services provider’s stock valued at $854,647,000 after purchasing an additional 734,939 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Capital One Financial by 45.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,677,128 shares of the financial services provider’s stock worth $838,609,000 after buying an additional 1,454,595 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Up 4.0%

Shares of COF opened at $211.25 on Friday. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $135.10 billion, a price-to-earnings ratio of 108.33, a P/E/G ratio of 0.73 and a beta of 1.18. The stock’s 50-day moving average price is $219.01 and its 200 day moving average price is $203.23.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data 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 firm had revenue of $12.49 billion during the quarter, compared to the consensus estimate of $12.72 billion. During the same quarter in the prior year, the business posted $3.14 EPS. Capital One Financial’s revenue was up 31.4% compared to the same quarter last year. As a group, research analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

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 dividend of $0.60 per share. The ex-dividend date was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. Capital One Financial’s payout ratio is currently 123.08%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on COF. Barclays raised their target price on shares of Capital One Financial from $253.00 to $257.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. Keefe, Bruyette & Woods raised their price target on Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a research report on Wednesday, July 23rd. Royal Bank Of Canada boosted their price objective on Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 23rd. Citigroup raised their target price on Capital One Financial from $250.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, July 24th. Finally, Redburn Atlantic upgraded Capital One Financial to a “strong-buy” rating in a report on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $252.78.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, CAO Timothy P. Golden sold 207 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total value of $44,589.87. Following the sale, 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Robert M. Alexander sold 10,114 shares of the firm’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 transaction, the insider directly owned 68,707 shares of the company’s stock, valued at $15,655,577.02. The trade was a 12.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 23,298 shares of company stock worth $5,103,824. Corporate insiders own 1.26% of the company’s stock.

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.