Capital One Financial Corporation $COF Shares Bought by Nilsine Partners LLC

Nilsine Partners LLC raised its position in Capital One Financial Corporation (NYSE:COF) by 87.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 16,642 shares of the financial services provider’s stock after acquiring an additional 7,773 shares during the quarter. Nilsine Partners LLC’s holdings in Capital One Financial were worth $3,339,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Evolution Wealth Management Inc. grew its holdings in Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after buying an additional 90 shares in the last quarter. Solstein Capital LLC bought a new stake in Capital One Financial during the 2nd quarter valued at $26,000. VSM Wealth Advisory LLC bought a new stake in Capital One Financial during the 4th quarter valued at $27,000. Cherry Tree Wealth Management LLC boosted its position in Capital One Financial by 1,312.5% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 105 shares during the period. Finally, Ballast Advisors LLC acquired a new position in Capital One Financial during the 1st quarter worth $27,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

COF has been the subject of several recent analyst reports. Wolfe Research increased their price target on Capital One Financial from $255.00 to $275.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 25th. Barclays cut their price objective on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Citigroup reduced their price objective on shares of Capital One Financial from $310.00 to $295.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $215.00 to $245.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Finally, BTIG Research raised their target price on shares of Capital One Financial from $224.00 to $259.00 and gave the company a “buy” rating in a research note on Tuesday, June 30th. Twenty-one investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $258.91.

Insider Activity

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $214.10, for a total transaction of $749,350.00. Following the completion of the transaction, the general counsel owned 83,194 shares in the company, valued at approximately $17,811,835.40. This trade represents a 4.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 2,193 shares of Capital One Financial stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $225.52, for a total transaction of $494,565.36. Following the completion of the transaction, the insider directly owned 63,261 shares in the company, valued at $14,266,620.72. This represents a 3.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 29,767 shares of company stock valued at $6,366,998 over the last quarter. Insiders own 0.78% of the company’s stock.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $219.43 on Friday. The stock has a fifty day moving average price of $211.80 and a two-hundred day moving average price of $198.07. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $134.62 billion, a P/E ratio of 13.58, a PEG ratio of 0.81 and a beta of 1.02. Capital One Financial Corporation has a 1 year low of $174.24 and a 1 year high of $259.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping analysts’ consensus estimates of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The company had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. During the same quarter in the previous year, the business earned $5.48 EPS. The company’s quarterly revenue was up 26.9% compared to the same quarter last year. Research analysts forecast that Capital One Financial Corporation will post 20.29 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Monday, August 17th. Capital One Financial’s payout ratio is presently 19.80%.

Capital One Financial Profile

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.