RBF Capital LLC Purchases 16,816 Shares of Capital One Financial Corporation $COF

RBF Capital LLC lifted its position in shares of Capital One Financial Corporation (NYSE:COF) by 32.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,916 shares of the financial services provider’s stock after acquiring an additional 16,816 shares during the quarter. Capital One Financial makes up approximately 0.7% of RBF Capital LLC’s portfolio, making the stock its 27th biggest position. RBF Capital LLC’s holdings in Capital One Financial were worth $14,663,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC increased its stake in shares of Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after buying an additional 10,428 shares during the period. AlphaCore Capital LLC bought a new stake in Capital One Financial during the 1st quarter worth approximately $60,000. Zions Bancorporation National Association UT acquired a new position in Capital One Financial in the 1st quarter valued at approximately $90,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Capital One Financial by 207.0% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 16,818 shares of the financial services provider’s stock valued at $3,015,000 after acquiring an additional 11,340 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in shares of Capital One Financial by 35.5% during the first quarter. Benjamin Edwards Inc. now owns 9,201 shares of the financial services provider’s stock worth $1,650,000 after purchasing an additional 2,412 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Up 0.1%

Shares of Capital One Financial stock opened at $230.74 on Wednesday. The stock has a market capitalization of $146.69 billion, a PE ratio of 97.36, a price-to-earnings-growth ratio of 0.55 and a beta of 1.16. The stock has a 50 day moving average price of $216.33 and a two-hundred day moving average price of $214.22. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $234.97.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 EPS for the quarter. The firm had revenue of $15.46 billion during the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. As a group, equities analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were paid a $0.80 dividend. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, November 17th. This represents a $3.20 annualized dividend and a yield of 1.4%. Capital One Financial’s dividend payout ratio (DPR) is 135.02%.

Insider Activity

In other news, CEO Richard D. Fairbank sold 103,487 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $220.68, for a total value of $22,837,511.16. Following the transaction, the chief executive officer owned 4,001,228 shares in the company, valued at $882,990,995.04. The trade was a 2.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Celia Karam sold 2,936 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $218.15, for a total value of $640,488.40. Following the completion of the transaction, the insider directly owned 63,433 shares of the company’s stock, valued at approximately $13,837,908.95. This represents a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 280,218 shares of company stock worth $62,395,804. Corporate insiders own 1.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Zacks Research downgraded Capital One Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Robert W. Baird upped their price target on Capital One Financial from $245.00 to $270.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. The Goldman Sachs Group lifted their price objective on Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. TD Cowen increased their target price on shares of Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Finally, Evercore ISI boosted their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 30th. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus target price of $262.05.

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.