FNY Investment Advisers LLC Acquires 3,616 Shares of Capital One Financial Corporation $COF

FNY Investment Advisers LLC lifted its holdings in Capital One Financial Corporation (NYSE:COF) by 2,698.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,750 shares of the financial services provider’s stock after buying an additional 3,616 shares during the quarter. FNY Investment Advisers LLC’s holdings in Capital One Financial were worth $797,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of COF. Brighton Jones LLC boosted its holdings in Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after acquiring an additional 10,428 shares during the period. Intech Investment Management LLC increased its stake in Capital One Financial by 44.3% in the first quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after purchasing an additional 2,753 shares during the period. Sivia Capital Partners LLC lifted its position in shares of Capital One Financial by 118.3% during the second quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock worth $702,000 after purchasing an additional 1,788 shares during the last quarter. Kingsview Wealth Management LLC lifted its position in shares of Capital One Financial by 24.8% during the second quarter. Kingsview Wealth Management LLC now owns 11,677 shares of the financial services provider’s stock worth $2,484,000 after purchasing an additional 2,324 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC boosted its stake in shares of Capital One Financial by 26.4% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 3,158 shares of the financial services provider’s stock valued at $672,000 after purchasing an additional 659 shares during the period. 89.84% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Neal Blinde sold 38,135 shares of Capital One Financial stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total value of $7,265,098.85. Following the transaction, the insider directly owned 33,551 shares in the company, valued at approximately $6,391,801.01. This trade represents a 53.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Celia Karam sold 2,108 shares of Capital One Financial stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $218.25, for a total value of $460,071.00. Following the completion of the transaction, the insider owned 59,269 shares in the company, valued at $12,935,459.25. This represents a 3.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 67,933 shares of company stock valued at $14,363,897 over the last ninety days. Company insiders own 1.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on COF shares. Wolfe Research reduced their price target on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a research note on Friday, January 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $237.00 to $256.00 and gave the company a “neutral” rating in a research report on Monday, January 12th. Barclays dropped their target price on shares of Capital One Financial from $294.00 to $287.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. Keefe, Bruyette & Woods lifted their price target on shares of Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Finally, HSBC lowered their price target on Capital One Financial from $234.00 to $226.00 and set a “hold” rating for the company in a report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $275.95.

Capital One Financial Stock Down 1.9%

Shares of Capital One Financial stock opened at $179.97 on Thursday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a market cap of $111.93 billion, a price-to-earnings ratio of 60.80, a PEG ratio of 0.55 and a beta of 1.14. The firm’s 50-day moving average is $211.26 and its two-hundred day moving average is $219.91. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $259.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The business had revenue of $15.62 billion during the quarter, compared to the consensus estimate of $15.49 billion. During the same quarter in the prior year, the firm posted $2.67 EPS. The company’s revenue for the quarter was up 53.3% compared to the same quarter last year. As a group, research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 19th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Thursday, February 19th. Capital One Financial’s dividend payout ratio (DPR) is presently 108.11%.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.