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5,607 Shares in Capital One Financial Co. (NYSE:COF) Purchased by William B. Walkup & Associates Inc.

Capital One Financial logo with Finance background

William B. Walkup & Associates Inc. bought a new position in Capital One Financial Co. (NYSE:COF - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,607 shares of the financial services provider's stock, valued at approximately $776,000.

Several other large investors have also recently modified their holdings of the business. Gryphon Financial Partners LLC boosted its position in shares of Capital One Financial by 3.3% in the fourth quarter. Gryphon Financial Partners LLC now owns 3,538 shares of the financial services provider's stock valued at $464,000 after acquiring an additional 114 shares during the period. TD Asset Management Inc raised its stake in shares of Capital One Financial by 8.3% during the fourth quarter. TD Asset Management Inc now owns 136,643 shares of the financial services provider's stock worth $17,917,000 after acquiring an additional 10,510 shares in the last quarter. Stifel Financial Corp raised its stake in shares of Capital One Financial by 1.7% during the fourth quarter. Stifel Financial Corp now owns 211,358 shares of the financial services provider's stock worth $27,714,000 after acquiring an additional 3,613 shares in the last quarter. Dorsey & Whitney Trust CO LLC purchased a new position in shares of Capital One Financial during the fourth quarter worth approximately $248,000. Finally, Eagle Asset Management Inc. purchased a new position in shares of Capital One Financial in the fourth quarter worth $4,738,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on COF shares. Citigroup started coverage on shares of Capital One Financial in a research note on Friday, September 20th. They issued a "buy" rating and a $190.00 target price on the stock. Evercore ISI dropped their target price on shares of 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. JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $148.00 to $155.00 and gave the company a "neutral" rating in a report on Monday, July 8th. BTIG Research assumed coverage on shares of Capital One Financial in a report on Friday, June 7th. They set a "neutral" rating on the stock. Finally, Jefferies Financial Group upgraded shares of 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 report on Thursday, June 6th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $147.21.

Check Out Our Latest Research Report on Capital One Financial

Insider Activity

In other news, insider Robert M. Alexander sold 30,742 shares of the company's stock in a transaction dated 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 completion of the sale, the insider now owns 73,734 shares of the company's stock, valued at approximately $11,060,100. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Kevin S. Borgmann sold 61,532 shares of the 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 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 hyperlink. Also, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 73,734 shares of the company's stock, valued at $11,060,100. The disclosure for this sale can be found here. Insiders own 1.30% of the company's stock.

Capital One Financial Price Performance

COF opened at $149.09 on Monday. 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 stock has a market capitalization of $56.68 billion, a P/E ratio of 11.68, a P/E/G ratio of 1.21 and a beta of 1.44. The company's 50-day simple moving average is $142.60 and its two-hundred day simple moving average is $141.27. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $154.18.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results 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 company had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.57 billion. During the same quarter in the prior year, the company posted $3.52 EPS. Capital One Financial's revenue was up 5.5% on a year-over-year basis. As a group, analysts predict that Capital One Financial Co. will post 12.91 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial's payout ratio is currently 18.79%.

Capital One Financial Profile

(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.

Further Reading

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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