Vestor Capital LLC Grows Stake in Capital One Financial Corporation $COF

Vestor Capital LLC lifted its stake in Capital One Financial Corporation (NYSE:COF) by 33.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,247 shares of the financial services provider’s stock after purchasing an additional 12,834 shares during the quarter. Vestor Capital LLC’s holdings in Capital One Financial were worth $10,903,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of COF. WPG Advisers LLC bought a new position in shares of Capital One Financial in the first quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC raised its holdings in Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 62 shares during the last quarter. Olistico Wealth LLC raised its holdings in Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 101 shares during the last quarter. Saudi Central Bank bought a new position in Capital One Financial in the 1st quarter valued at approximately $27,000. Finally, RMG Wealth Management LLC purchased a new stake in Capital One Financial during the 2nd quarter valued at $27,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. boosted their price target on Capital One Financial from $235.00 to $237.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Zacks Research upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Friday, October 24th. UBS Group decreased their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a research report on Tuesday, October 7th. HSBC lifted their price target on shares of Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a research note on Thursday, October 23rd. Finally, Wall Street Zen upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Four analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.

Insider Buying and Selling

In related news, CEO Richard D. Fairbank sold 103,487 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $220.68, for a total value of $22,837,511.16. Following the completion of the sale, the chief executive officer directly owned 4,001,228 shares of the company’s stock, valued at approximately $882,990,995.04. This represents a 2.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Neal Blinde sold 43,200 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the transaction, the insider directly owned 73,020 shares in the company, valued at $16,198,026.60. This represents a 37.17% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 274,013 shares of company stock worth $61,045,903. Corporate insiders own 1.26% of the company’s stock.

Capital One Financial Stock Performance

COF opened at $207.96 on Friday. The company’s 50 day moving average is $216.71 and its 200 day moving average is $211.61. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. The company has a market cap of $132.21 billion, a price-to-earnings ratio of 87.75, a PEG ratio of 0.70 and a beta of 1.19. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The business had revenue of $15.46 billion for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. On average, equities research analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 17th will be issued a dividend of $0.80 per share. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, November 17th. Capital One Financial’s dividend payout ratio is presently 135.02%.

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.