Stablepoint Partners LLC Purchases 851 Shares of Capital One Financial Corporation $COF

Stablepoint Partners LLC grew its holdings in Capital One Financial Corporation (NYSE:COF) by 2.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 32,166 shares of the financial services provider’s stock after purchasing an additional 851 shares during the quarter. Capital One Financial comprises 1.2% of Stablepoint Partners LLC’s portfolio, making the stock its 19th biggest holding. Stablepoint Partners LLC’s holdings in Capital One Financial were worth $6,844,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Earned Wealth Advisors LLC acquired a new stake in shares of Capital One Financial during the 2nd quarter worth approximately $254,000. Plancorp LLC bought a new position in Capital One Financial in the second quarter worth $272,000. Smith Chas P & Associates PA Cpas boosted its stake in Capital One Financial by 1,490.0% during the second quarter. Smith Chas P & Associates PA Cpas now owns 43,486 shares of the financial services provider’s stock worth $9,252,000 after buying an additional 40,751 shares in the last quarter. Callodine Capital Management LP increased its holdings in Capital One Financial by 200.0% in the 1st quarter. Callodine Capital Management LP now owns 150,000 shares of the financial services provider’s stock valued at $26,895,000 after buying an additional 100,000 shares during the period. Finally, Flagship Harbor Advisors LLC increased its holdings in Capital One Financial by 111.8% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 2,510 shares of the financial services provider’s stock valued at $534,000 after buying an additional 1,325 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on COF shares. UBS Group decreased their target price on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. Wall Street Zen raised Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Evercore ISI upped their price objective on Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a research note on Tuesday, September 30th. Wolfe Research raised their target price on Capital One Financial from $260.00 to $262.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Cowen reaffirmed a “buy” rating on shares of Capital One Financial in a research note on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Insider Activity at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $219.41, for a total value of $438,820.00. Following the completion of the sale, the general counsel directly owned 96,486 shares of the company’s stock, valued at approximately $21,169,993.26. This trade represents a 2.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank G. LapradeIii sold 17,840 shares of the business’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $222.03, for a total value of $3,961,015.20. Following the sale, the insider owned 48,315 shares of the company’s stock, valued at approximately $10,727,379.45. The trade was a 26.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 274,013 shares of company stock worth $61,045,903 in the last 90 days. Corporate insiders own 1.26% of the company’s stock.

Capital One Financial Stock Performance

NYSE COF opened at $218.09 on Friday. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45. The company has a 50 day moving average of $215.56 and a 200-day moving average of $212.31. 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 firm has a market cap of $138.65 billion, a price-to-earnings ratio of 92.02, 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 EPS for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The business had revenue of $15.46 billion for the quarter. On average, equities 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 firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be issued a $0.80 dividend. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, November 17th. Capital One Financial’s dividend payout ratio (DPR) 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.