Williams Financial LLC Takes Position in Capital One Financial Co. (NYSE:COF)

Williams Financial LLC bought a new stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 5,688 shares of the financial services provider's stock, valued at approximately $813,000.

A number of other institutional investors have also recently made changes to their positions in COF. Silicon Valley Capital Partners bought a new stake in Capital One Financial during the first quarter valued at about $25,000. LRI Investments LLC bought a new position in Capital One Financial during the 1st quarter valued at about $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial during the second quarter worth $28,000. Hobbs Group Advisors LLC bought a new stake in shares of Capital One Financial during the second quarter valued at approximately $29,000. Finally, Bartlett & CO. Wealth Management LLC increased its position in Capital One Financial by 726.7% during the 4th 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 period. Hedge funds and other institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Up 1.0 %

Shares of NYSE COF traded up $1.43 during mid-day trading on Friday, hitting $138.97. The company had a trading volume of 1,822,889 shares, compared to its average volume of 2,486,401. The company has a market capitalization of $53.07 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 1.08 and a beta of 1.44. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. Capital One Financial Co. has a one year low of $88.23 and a one year high of $153.35. The firm has a 50-day simple moving average of $141.56 and a two-hundred day simple moving average of $140.56.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly 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). The business had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The company's revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the company posted $3.52 earnings per share. On average, equities analysts expect that Capital One Financial Co. will post 13.1 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were issued a $0.60 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a yield of 1.73%. Capital One Financial's payout ratio is currently 18.79%.

Insider Activity

In related news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction on 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 completion of the sale, the chief executive officer now directly owns 40,934 shares of the company's stock, valued at approximately $5,438,491.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares of the company's stock, valued at $11,060,100. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial 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 completion of the transaction, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. The disclosure for this sale can be found here. Company insiders own 1.30% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on COF. Jefferies Financial Group upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating and raised their target price for the company from $145.00 to $165.00 in a research note on Thursday, June 6th. JPMorgan Chase & Co. upped their price target on Capital One Financial from $148.00 to $155.00 and gave the company a "neutral" rating in a research note on Monday, July 8th. BTIG Research assumed coverage on Capital One Financial in a report on Friday, June 7th. They set a "neutral" rating on the stock. Bank of America raised their price objective on Capital One Financial from $158.00 to $161.00 and gave the stock a "buy" rating in a report on Wednesday, July 24th. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $150.00 price target on shares of Capital One Financial in a research note on Thursday, July 25th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $145.89.

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.