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Capital One Financial Co. (NYSE:COF) Shares Purchased by Vest Financial LLC

Capital One Financial logo with Finance background

Vest Financial LLC increased its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 24.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 160,754 shares of the financial services provider's stock after purchasing an additional 31,400 shares during the quarter. Vest Financial LLC's holdings in Capital One Financial were worth $22,256,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Silicon Valley Capital Partners purchased a new position in Capital One Financial during the first quarter worth about $25,000. LRI Investments LLC purchased a new position in shares of Capital One Financial during the first quarter worth about $25,000. Y.D. More Investments Ltd bought a new position in shares of Capital One Financial in the second quarter worth approximately $28,000. Hobbs Group Advisors LLC purchased a new stake in Capital One Financial in the second quarter valued at approximately $29,000. Finally, Bartlett & CO. Wealth Management LLC lifted its position in Capital One Financial by 726.7% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider's stock valued at $33,000 after purchasing an additional 218 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Up 0.8 %

NYSE COF traded up $1.09 during trading hours on Thursday, reaching $137.55. 1,945,917 shares of the company's stock traded hands, compared to its average volume of 2,490,172. The firm has a market cap of $52.30 billion, a PE ratio of 10.72, a PEG ratio of 1.10 and a beta of 1.44. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $153.35. The firm has a 50-day simple moving average of $141.51 and a 200 day simple moving average of $140.50.

Capital One Financial (NYSE:COF - Get Free Report) last released its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The company had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. During the same period last year, the firm posted $3.52 earnings per share. The company's revenue was up 5.5% compared to the same quarter last year. Sell-side analysts anticipate that Capital One Financial Co. will post 13.1 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial's dividend payout ratio is currently 18.79%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $150.00 price objective on shares of Capital One Financial in a report on Thursday, July 25th. Bank of America boosted their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a "buy" rating in a research note on Wednesday, July 24th. BTIG Research assumed coverage on shares of Capital One Financial in a research report on Friday, June 7th. They set a "neutral" rating for the company. Evercore ISI decreased their price objective on Capital One Financial from $155.00 to $154.00 and set an "in-line" rating on the stock in a report on Tuesday, June 25th. Finally, Jefferies Financial Group raised Capital One Financial from a "hold" rating to a "buy" rating and boosted their target price for the company from $145.00 to $165.00 in a research note on Thursday, June 6th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat.com, Capital One Financial presently has a consensus rating of "Hold" and an average target price of $145.89.

Get Our Latest Stock Report on COF

Insider Activity at Capital One Financial

In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the company's stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the transaction, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the firm's stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares of the company's stock, valued at $5,438,491.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of the business's stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the sale, the insider now owns 73,734 shares of the company's stock, valued at $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

About Capital One Financial

(Free Report)

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.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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