Magnolia Capital Advisors LLC Buys New Shares in Capital One Financial Co. (NYSE:COF)

Magnolia Capital Advisors LLC purchased a new stake in Capital One Financial Co. (NYSE:COF - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 42,755 shares of the financial services provider's stock, valued at approximately $5,919,000.

Other institutional investors have also recently added to or reduced their stakes in the company. LRI Investments LLC acquired a new stake in Capital One Financial in the first quarter valued at $25,000. Silicon Valley Capital Partners acquired a new stake in Capital One Financial during the first quarter worth about $25,000. Y.D. More Investments Ltd purchased a new position in Capital One Financial in the second quarter valued at approximately $28,000. Hobbs Group Advisors LLC acquired a new position in shares of Capital One Financial during the 2nd quarter valued at $29,000. Finally, Rise Advisors LLC purchased a new stake in shares of Capital One Financial in the first quarter worth about $33,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

Insiders Place Their Bets

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

Capital One Financial Stock Performance

Shares of NYSE COF traded up $1.31 during midday trading on Friday, hitting $149.09. 1,512,463 shares of the company's stock were exchanged, compared to its average volume of 2,473,465. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $56.68 billion, a PE ratio of 11.68, a price-to-earnings-growth ratio of 1.21 and a beta of 1.44. Capital One Financial Co. has a 12 month low of $88.23 and a 12 month high of $154.18. The company's 50 day moving average price is $142.60 and its 200 day moving average price is $141.27.

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 analysts' consensus estimates of $3.28 by ($0.14). The firm 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 company's revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.52 EPS. As a group, analysts predict that Capital One Financial Co. will post 12.91 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed 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 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial's dividend payout ratio (DPR) is 18.79%.

Wall Street Analyst Weigh In

COF has been the topic of a number of recent analyst reports. Citigroup began coverage on Capital One Financial in a research report on Friday, September 20th. They issued a "buy" rating and a $190.00 target price on the stock. Royal Bank of Canada reissued a "sector perform" rating and issued a $150.00 price objective on shares of Capital One Financial in a report on Thursday, July 25th. JPMorgan Chase & Co. boosted their price target on shares of Capital One Financial from $148.00 to $155.00 and gave the stock a "neutral" rating in a research report on Monday, July 8th. Evercore ISI dropped their price target on shares of Capital One Financial from $155.00 to $154.00 and set an "in-line" rating on the stock in a research report on Tuesday, June 25th. Finally, 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 research note on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Capital One Financial currently has a consensus rating of "Hold" and a consensus price target of $147.21.

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.