6,276 Shares in Capital One Financial Corporation $COF Purchased by Pittenger & Anderson Inc.

Pittenger & Anderson Inc. bought a new position in shares of Capital One Financial Corporation (NYSE:COF) during the second quarter, HoldingsChannel reports. The firm bought 6,276 shares of the financial services provider’s stock, valued at approximately $1,335,000.

A number of other institutional investors have also added to or reduced their stakes in COF. Kingstone Capital Partners Texas LLC lifted its stake in Capital One Financial by 588,668.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock worth $24,988,129,000 after purchasing an additional 117,427,549 shares during the period. Diamond Hill Capital Management Inc. bought a new position in Capital One Financial during the first quarter worth about $381,848,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Capital One Financial by 45.1% during 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 purchasing an additional 1,454,595 shares during the period. Bank of New York Mellon Corp lifted its stake 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 worth $889,519,000 after purchasing an additional 950,415 shares during the period. Finally, Nuveen LLC bought a new position in Capital One Financial during the first quarter worth about $141,599,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $217.31 on Wednesday. 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 $138.97 billion, a P/E ratio of 111.44, a P/E/G ratio of 0.77 and a beta of 1.18. The firm has a 50 day simple moving average of $219.16 and a 200 day simple moving average of $204.19. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share for the quarter, beating analysts’ consensus estimates of $4.25 by $1.70. The company had revenue of $15.36 billion during the quarter, compared to analyst estimates of $15.06 billion. The business’s revenue for the quarter was up 53.4% on a year-over-year basis. During the same period in the prior year, the business earned $4.51 EPS. Sell-side analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a $0.60 dividend. 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 dividend payout ratio (DPR) is currently 123.08%.

Insider Activity at Capital One Financial

In other news, insider Michael Zamsky sold 5,515 shares of Capital One Financial stock in a transaction that occurred on 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 sale, the insider owned 27,364 shares in the company, valued at $5,735,220.76. The trade was a 16.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Timothy P. Golden sold 207 shares of Capital One Financial stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the sale, the chief accounting officer owned 8,780 shares of the company’s stock, valued at approximately $1,891,299.80. This represents a 2.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,184 shares of company stock valued at $2,799,248 over the last quarter. Corporate insiders own 1.26% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on COF. UBS Group cut their price target on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a research note on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Capital One Financial from $215.00 to $224.00 and gave the stock a “hold” rating in a research note on Thursday, October 2nd. Citigroup lifted their target price on shares of Capital One Financial from $250.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. JPMorgan Chase & Co. cut their target price on shares of Capital One Financial from $248.00 to $235.00 and set a “neutral” rating for the company in a research note on Tuesday, October 7th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $252.78.

About Capital One Financial

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.