Mayfair Advisory Group LLC Takes $317,000 Position in Capital One Financial Corporation $COF

Mayfair Advisory Group LLC acquired a new position in Capital One Financial Corporation (NYSE:COF) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,524 shares of the financial services provider’s stock, valued at approximately $317,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC bought a new stake in shares of Capital One Financial in the 2nd quarter worth approximately $620,000. GM Advisory Group LLC purchased a new position in Capital One Financial during the 2nd quarter valued at about $1,364,000. Quadrant Capital Group LLC increased its holdings in Capital One Financial by 112.8% during the 2nd quarter. Quadrant Capital Group LLC now owns 24,855 shares of the financial services provider’s stock worth $5,288,000 after acquiring an additional 13,177 shares during the period. Vinva Investment Management Ltd boosted its stake in Capital One Financial by 36.4% during the second quarter. Vinva Investment Management Ltd now owns 89,401 shares of the financial services provider’s stock valued at $18,865,000 after buying an additional 23,849 shares during the period. Finally, Vermillion & White Wealth Management Group LLC purchased a new position in shares of Capital One Financial during the second quarter worth about $80,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on COF shares. Rothschild & Co Redburn assumed coverage on shares of Capital One Financial in a research report on Friday, August 1st. They set a “buy” rating and a $290.00 price target on the stock. Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a report on Friday, August 1st. Morgan Stanley upped their target price on Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. TD Cowen lifted their price target on shares of Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Finally, HSBC boosted their target price on Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a report on Thursday, October 23rd. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Insider Transactions at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $219.41, for a total transaction of $438,820.00. Following the transaction, the general counsel owned 96,486 shares of the company’s stock, valued at approximately $21,169,993.26. This represents a 2.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Neal Blinde sold 43,200 shares of the firm’s stock in a transaction dated 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 trade represents a 37.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 274,013 shares of company stock worth $61,045,903 over the last three months. Company insiders own 1.26% of the company’s stock.

Capital One Financial Stock Performance

COF opened at $217.60 on Thursday. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. The company has a fifty day moving average of $216.00 and a 200 day moving average of $212.14. The stock has a market capitalization of $138.33 billion, a price-to-earnings ratio of 91.81, a PEG ratio of 0.70 and a beta of 1.19.

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 (EPS) for the quarter. The company 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%. As a group, sell-side analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

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

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.