USA Financial Formulas Makes New $242,000 Investment in Capital One Financial Co. (NYSE:COF)

USA Financial Formulas acquired a new stake in Capital One Financial Co. (NYSE:COF - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,358 shares of the financial services provider's stock, valued at approximately $242,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial in the 3rd quarter valued at approximately $36,000. Creative Financial Designs Inc. ADV grew its holdings in shares of Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider's stock worth $43,000 after purchasing an additional 166 shares during the last quarter. Eastern Bank bought a new position in Capital One Financial during the 3rd quarter valued at about $44,000. Prospera Private Wealth LLC bought a new stake in Capital One Financial during the third quarter worth about $47,000. Finally, Concord Wealth Partners boosted its holdings in shares of Capital One Financial by 115.3% in the 3rd quarter. Concord Wealth Partners now owns 323 shares of the financial services provider's stock worth $48,000 after acquiring an additional 173 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. UBS Group upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and upped their price target for the stock from $168.00 to $235.00 in a research report on Monday. The Goldman Sachs Group upped their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the company a "buy" rating in a research report on Tuesday, November 19th. Barclays upgraded shares of Capital One Financial from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $158.00 to $219.00 in a research report on Monday, January 6th. HSBC upgraded Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price objective for the company in a report on Tuesday. Finally, Robert W. Baird raised their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a report on Friday, October 25th. Ten investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Capital One Financial has an average rating of "Hold" and an average target price of $188.06.

Insiders Place Their Bets

In related news, insider Kara West sold 721 shares of the business'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 value of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares in the company, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Michael Zamsky sold 10,541 shares of the firm's stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the transaction, the insider now owns 26,482 shares in the company, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,256 shares of company stock worth $2,462,487 in the last 90 days. Company insiders own 1.30% of the company's stock.

Capital One Financial Stock Performance

COF traded up $2.37 during trading hours on Friday, reaching $190.81. The company's stock had a trading volume of 2,449,038 shares, compared to its average volume of 2,955,557. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The company's 50-day moving average is $183.63 and its 200-day moving average is $159.76. Capital One Financial Co. has a 52 week low of $123.23 and a 52 week high of $198.30. The firm has a market cap of $72.74 billion, a PE ratio of 18.04, a price-to-earnings-growth ratio of 1.12 and a beta of 1.46.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the prior year, the business earned $4.45 EPS. Capital One Financial's quarterly revenue was up 6.8% on a year-over-year basis. On average, equities analysts forecast that Capital One Financial Co. will post 13.41 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial's dividend payout ratio is 22.66%.

Capital One Financial 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.