Capital One Financial Corporation $COF Shares Acquired by Chesley Taft & Associates LLC

Chesley Taft & Associates LLC boosted its position in Capital One Financial Corporation (NYSE:COF) by 6.7% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 108,726 shares of the financial services provider’s stock after buying an additional 6,841 shares during the period. Chesley Taft & Associates LLC’s holdings in Capital One Financial were worth $21,813,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after purchasing an additional 10,428 shares during the last quarter. Intech Investment Management LLC increased its stake in Capital One Financial by 44.3% during the first quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock valued at $1,608,000 after purchasing an additional 2,753 shares during the last quarter. Sivia Capital Partners LLC raised its holdings 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 period. Flow Traders U.S. LLC acquired a new stake in shares of Capital One Financial during the second quarter worth $218,000. Finally, Jump Financial LLC bought a new position in shares of Capital One Financial in the 2nd quarter worth about $1,086,000. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on COF. Morgan Stanley decreased their price target on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Weiss Ratings raised shares of Capital One Financial from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. HSBC raised Capital One Financial from a “hold” rating to a “buy” rating and upped their target price for the company from $226.00 to $229.00 in a report on Sunday, July 12th. JPMorgan Chase & Co. increased their price target on Capital One Financial from $215.00 to $245.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Finally, Argus cut their price target on Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Twenty analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $259.36.

Insider Buying and Selling

In other Capital One Financial news, CAO Timothy P. Golden sold 3,487 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total transaction of $735,757.00. Following the completion of the transaction, the chief accounting officer owned 7,429 shares in the company, valued at approximately $1,567,519. The trade was a 31.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Ravi Raghu sold 9,726 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $209.78, for a total value of $2,040,320.28. Following the completion of the transaction, the insider directly owned 26,328 shares of the company’s stock, valued at approximately $5,523,087.84. The trade was a 26.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 20,213 shares of company stock valued at $4,147,832 in the last three months. 0.78% of the stock is currently owned by corporate insiders.

Capital One Financial Trading Down 1.1%

Capital One Financial stock opened at $217.54 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. The firm has a 50-day moving average price of $200.92 and a two-hundred day moving average price of $198.49. The firm has a market capitalization of $133.46 billion, a price-to-earnings ratio of 13.46, a PEG ratio of 0.81 and a beta of 1.02. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping the consensus estimate of $4.79 by $1.02. The firm had revenue of $15.83 billion during the quarter, compared to analysts’ expectations of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. Capital One Financial’s quarterly revenue was up 26.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.48 EPS. Sell-side analysts expect that Capital One Financial Corporation will post 20.19 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Monday, August 17th. Capital One Financial’s dividend payout ratio is 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.