Symmetry Investments LP Takes $2.01 Million Position in Capital One Financial Co. (NYSE:COF)

Symmetry Investments LP acquired a new position in shares of Capital One Financial Co. (NYSE:COF - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 14,500 shares of the financial services provider's stock, valued at approximately $2,008,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Silicon Valley Capital Partners acquired a new stake in shares of Capital One Financial during the first quarter worth $25,000. LRI Investments LLC acquired a new stake in shares of Capital One Financial during the first quarter worth $25,000. Y.D. More Investments Ltd acquired a new stake in shares of Capital One Financial during the second quarter worth $28,000. Hobbs Group Advisors LLC acquired a new stake in shares of Capital One Financial during the second quarter worth $29,000. Finally, Bartlett & CO. Wealth Management LLC raised its holdings in shares of 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 worth $33,000 after acquiring an additional 218 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

COF has been the subject of a number of analyst reports. Bank of America raised their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the company a "buy" rating in a research report on Wednesday, July 24th. Jefferies Financial Group raised 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 report on Thursday, June 6th. BTIG Research initiated coverage on shares of Capital One Financial in a research report on Friday, June 7th. They issued a "neutral" rating for the company. JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $148.00 to $155.00 and gave the company a "neutral" rating in a research report on Monday, July 8th. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $150.00 target price on shares of Capital One Financial in a research report on Thursday, July 25th. One investment 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. According to data from MarketBeat, Capital One Financial presently has a consensus rating of "Hold" and a consensus target price of $147.21.

Capital One Financial Stock Performance

Shares of COF stock traded down $0.77 during midday trading on Friday, hitting $152.28. 3,417,019 shares of the company were exchanged, compared to its average volume of 2,494,014. The firm has a market capitalization of $57.90 billion, a P/E ratio of 11.92, a PEG ratio of 1.08 and a beta of 1.44. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. The firm's 50 day moving average price is $142.56 and its two-hundred day moving average price is $140.90. Capital One Financial Co. has a 52 week low of $88.23 and a 52 week high of $153.36.

Capital One Financial (NYSE:COF - Get Free Report) last announced 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). The company had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The business's quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm posted $3.52 EPS. As a group, equities research analysts anticipate that Capital One Financial Co. will post 13.1 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial's payout ratio is 18.79%.

Insiders Place Their Bets

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial 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 completion of the sale, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial 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 completion of the sale, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction of $8,175,141.52. Following the completion of the sale, the chief executive officer now owns 40,934 shares of the company's stock, valued at approximately $5,438,491.24. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company's stock.

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.