Caprock Group LLC Purchases Shares of 34,229 Capital One Financial Corporation $COF

Caprock Group LLC acquired a new position in Capital One Financial Corporation (NYSE:COF) in the 3rd quarter, HoldingsChannel reports. The firm acquired 34,229 shares of the financial services provider’s stock, valued at approximately $7,798,000.

Other large investors have also recently made changes to their positions in the company. Atlantic Edge Private Wealth Management LLC lifted its stake in Capital One Financial by 66.7% in the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 50 shares during the period. Solstein Capital LLC purchased a new position in Capital One Financial during the 2nd quarter valued at $28,000. Roble Belko & Company Inc bought a new position in Capital One Financial in the 2nd quarter worth $28,000. FNY Investment Advisers LLC bought a new stake in shares of Capital One Financial during the 2nd quarter valued at about $28,000. Finally, Howard Hughes Medical Institute bought a new stake in shares of Capital One Financial during the 2nd quarter valued at about $29,000. 89.84% of the stock is currently owned by institutional investors.

Insider Activity at Capital One Financial

In related news, insider Celia Karam sold 2,108 shares of Capital One Financial stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $218.25, for a total value of $460,071.00. Following the completion of the sale, the insider directly owned 59,269 shares in the company, valued at approximately $12,935,459.25. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ravi Raghu sold 13,450 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $250.00, for a total value of $3,362,500.00. Following the completion of the transaction, the insider directly owned 30,337 shares of the company’s stock, valued at approximately $7,584,250. This trade represents a 30.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 52,114 shares of company stock valued at $12,092,070 over the last three months. 1.26% of the stock is owned by insiders.

Capital One Financial Price Performance

Shares of COF opened at $220.10 on Wednesday. The company has a market capitalization of $139.92 billion, a P/E ratio of 74.36, a price-to-earnings-growth ratio of 0.66 and a beta of 1.14. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. The firm has a 50 day moving average of $235.51 and a 200 day moving average of $223.71. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $259.64.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The business had revenue of $15.62 billion during the quarter, compared to the consensus estimate of $15.49 billion. During the same period last year, the company posted $2.67 earnings per share. The business’s revenue was up 53.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 19th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s dividend payout ratio (DPR) is 108.11%.

Wall Street Analysts Forecast Growth

COF has been the topic of several research analyst reports. TD Cowen reiterated a “buy” rating on shares of Capital One Financial in a research report on Thursday, January 8th. Zacks Research cut Capital One Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Keefe, Bruyette & Woods increased their target price on Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. JPMorgan Chase & Co. raised their target price on Capital One Financial from $237.00 to $256.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Finally, HSBC dropped their price target on Capital One Financial from $234.00 to $226.00 and set a “hold” rating on the stock in a research report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $274.70.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.