Buffalo Business & Estate Services Ltd. boosted its holdings in Capital One Financial Corporation (NYSE:COF) by 19.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,866 shares of the financial services provider’s stock after buying an additional 4,418 shares during the quarter. Capital One Financial accounts for about 0.7% of Buffalo Business & Estate Services Ltd.’s investment portfolio, making the stock its 27th largest position. Buffalo Business & Estate Services Ltd.’s holdings in Capital One Financial were worth $4,901,000 as of its most recent filing with the SEC.
Other institutional investors also recently modified their holdings of the company. Tompkins Financial Corp lifted its holdings in shares of Capital One Financial by 4.3% during the fourth quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock valued at $237,000 after purchasing an additional 40 shares during the last quarter. Focus Financial Network Inc. boosted its position in shares of Capital One Financial by 2.8% in the 4th quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock valued at $380,000 after purchasing an additional 43 shares during the period. First Command Advisory Services Inc. increased its stake in Capital One Financial by 4.5% in the 4th quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock worth $259,000 after purchasing an additional 46 shares in the last quarter. Stephens Consulting LLC increased its stake in Capital One Financial by 10.3% in the 4th quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock worth $122,000 after purchasing an additional 47 shares in the last quarter. Finally, Dogwood Wealth Management LLC raised its holdings in Capital One Financial by 26.0% during the 4th quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock worth $55,000 after buying an additional 47 shares during the period. Institutional investors own 89.84% of the company’s stock.
Analyst Ratings Changes
COF has been the subject of a number of analyst reports. UBS Group reduced their price objective on shares of Capital One Financial from $283.00 to $270.00 in a research note on Wednesday, May 6th. The Goldman Sachs Group cut their price target on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a report on Tuesday, April 7th. Evercore reduced their price target on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a research report on Monday, April 6th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Seventeen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $258.75.
Insider Buying and Selling at Capital One Financial
In other Capital One Financial news, insider Lia Dean sold 1,692 shares of Capital One Financial stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total transaction of $314,052.12. Following the completion of the sale, the insider owned 65,454 shares of the company’s stock, valued at $12,148,916.94. This trade represents a 2.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the transaction, the insider owned 61,579 shares in the company, valued at approximately $11,858,883.82. This represents a 2.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 8,040 shares of company stock worth $1,498,615. 0.78% of the stock is currently owned by company insiders.
Capital One Financial Trading Down 0.4%
Shares of NYSE COF opened at $200.72 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. The business has a 50-day moving average price of $190.81 and a two-hundred day moving average price of $206.56. The firm has a market capitalization of $124.91 billion, a PE ratio of 70.43, a PEG ratio of 0.73 and a beta of 1.03.
Capital One Financial (NYSE:COF – Get Free Report) last issued its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The business had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. Capital One Financial’s revenue for the quarter was up 52.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.06 EPS. As a group, analysts predict that Capital One Financial Corporation will post 19.51 earnings per share for the current fiscal year.
Capital One Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. Capital One Financial’s payout ratio is presently 112.28%.
Capital One Financial Company Profile
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.
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