Flagship Harbor Advisors LLC Invests $224,000 in Capital One Financial Co. (NYSE:COF)

Flagship Harbor Advisors LLC acquired a new position in Capital One Financial Co. (NYSE:COF - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,255 shares of the financial services provider's stock, valued at approximately $224,000.

Several other hedge funds have also recently bought and sold shares of the company. Creative Planning grew its stake in shares of Capital One Financial by 10.0% in the second quarter. Creative Planning now owns 48,985 shares of the financial services provider's stock worth $6,782,000 after purchasing an additional 4,468 shares in the last quarter. Sunbelt Securities Inc. grew its position in Capital One Financial by 67.1% in the 2nd quarter. Sunbelt Securities Inc. now owns 1,646 shares of the financial services provider's stock valued at $228,000 after buying an additional 661 shares in the last quarter. Granite Bay Wealth Management LLC bought a new stake in shares of Capital One Financial during the 2nd quarter worth about $684,000. 3Chopt Investment Partners LLC bought a new position in shares of Capital One Financial in the second quarter valued at approximately $483,000. Finally, Cetera Investment Advisers increased its stake in shares of Capital One Financial by 5.1% during the second quarter. Cetera Investment Advisers now owns 44,856 shares of the financial services provider's stock valued at $6,210,000 after acquiring an additional 2,183 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on COF shares. Bank of America cut Capital One Financial from a "buy" rating to a "neutral" rating and lowered their price target for the company from $203.00 to $200.00 in a research report on Monday, December 9th. Barclays upped their target price on Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a "neutral" rating in a research note on Monday, December 9th. Wells Fargo & Company increased their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a report on Friday, January 3rd. Finally, Argus raised shares of Capital One Financial to a "strong-buy" rating in a report on Thursday, January 23rd. Nine research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $196.31.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the business's stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the transaction, the insider now owns 26,482 shares of the company's stock, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kara West sold 721 shares of the company's stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the transaction, the insider now owns 12,929 shares of the company's stock, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,256 shares of company stock valued at $2,462,487 over the last quarter. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Stock Performance

Shares of Capital One Financial stock traded up $3.76 on Thursday, hitting $207.67. The stock had a trading volume of 982,833 shares, compared to its average volume of 3,444,794. The business's 50 day moving average is $186.38 and its two-hundred day moving average is $163.97. The stock has a market cap of $79.17 billion, a price-to-earnings ratio of 17.92, a price-to-earnings-growth ratio of 1.29 and a beta of 1.46. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $208.59. The company has a quick ratio of 1.00, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analysts' expectations of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. During the same period last year, the firm earned $2.81 earnings per share. The business's revenue for the quarter was up 7.2% on a year-over-year basis. Analysts forecast that Capital One Financial Co. will post 15.22 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date was Thursday, November 14th. Capital One Financial's payout ratio is currently 20.71%.

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.