DeepCurrents Investment Group LLC Buys Shares of 13,988 Capital One Financial Co. (NYSE:COF)

DeepCurrents Investment Group LLC bought a new position in Capital One Financial Co. (NYSE:COF - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 13,988 shares of the financial services provider's stock, valued at approximately $1,937,000.

A number of other hedge funds and other institutional investors have also modified their holdings of COF. Silicon Valley Capital Partners acquired a new stake in Capital One Financial in the 1st quarter worth approximately $25,000. LRI Investments LLC bought a new stake in shares of Capital One Financial during the 1st quarter worth $25,000. Y.D. More Investments Ltd acquired a new position in Capital One Financial in the 2nd quarter valued at $28,000. Hobbs Group Advisors LLC bought a new position in Capital One Financial in the 2nd quarter worth $29,000. Finally, Bartlett & CO. Wealth Management LLC boosted its holdings 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 acquiring an additional 218 shares during the period. Institutional investors own 89.84% of the company's stock.

Capital One Financial Price Performance

Shares of NYSE COF traded up $1.45 during mid-day trading on Thursday, hitting $147.78. 1,459,641 shares of the stock were exchanged, compared to its average volume of 2,479,142. The company has a market cap of $56.19 billion, a P/E ratio of 11.57, a PEG ratio of 1.21 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. Capital One Financial Co. has a twelve month low of $88.23 and a twelve month high of $154.18. The stock's fifty day simple moving average is $142.58 and its two-hundred day simple moving average is $141.14.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The business had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. During the same quarter in the previous year, the firm posted $3.52 EPS. The company's revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, analysts forecast that Capital One Financial Co. will post 12.91 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date was Monday, August 12th. Capital One Financial's dividend payout ratio is presently 18.79%.

Insider Transactions at Capital One Financial

In related news, CEO Kevin S. Borgmann sold 61,532 shares of the firm's stock in a transaction that occurred on Tuesday, August 6th. The shares were 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 owns 40,934 shares of the company's stock, valued at $5,438,491.24. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, insider Robert M. Alexander sold 30,742 shares of the firm'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 transaction, the insider now owns 73,734 shares of the company's stock, valued at approximately $11,060,100. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Kevin S. Borgmann sold 61,532 shares of the business's stock in a transaction that occurred on 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 sale, the chief executive officer now directly owns 40,934 shares of the company's stock, valued at $5,438,491.24. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. BTIG Research assumed coverage on Capital One Financial in a research note on Friday, June 7th. They issued a "neutral" rating on the stock. JPMorgan Chase & Co. lifted their price target on Capital One Financial from $148.00 to $155.00 and gave the stock a "neutral" rating in a research report on Monday, July 8th. Jefferies Financial Group upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating and raised their price objective for the stock from $145.00 to $165.00 in a research note on Thursday, June 6th. Royal Bank of Canada reiterated a "sector perform" rating and set a $150.00 target price on shares of Capital One Financial in a research note on Thursday, July 25th. Finally, Bank of America boosted their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a "buy" rating in a report on Wednesday, July 24th. 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 stock. Based on data from MarketBeat, Capital One Financial currently has an average rating of "Hold" and an average price target of $147.21.

About Capital One Financial

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.