Fox Run Management L.L.C. Has $2.05 Million Stake in Capital One Financial Corporation $COF

Fox Run Management L.L.C. lifted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 796.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,215 shares of the financial services provider’s stock after buying an additional 9,075 shares during the period. Capital One Financial comprises 0.3% of Fox Run Management L.L.C.’s holdings, making the stock its 24th largest position. Fox Run Management L.L.C.’s holdings in Capital One Financial were worth $2,049,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Nicholas Hoffman & Company LLC. bought a new position in Capital One Financial in the second quarter valued at approximately $202,000. Strive Financial Group LLC grew its stake in shares of Capital One Financial by 410.8% in the second quarter. Strive Financial Group LLC now owns 848 shares of the financial services provider’s stock valued at $170,000 after buying an additional 682 shares in the last quarter. Symphony Financial Ltd. Co. increased its holdings in Capital One Financial by 9.2% during the second quarter. Symphony Financial Ltd. Co. now owns 1,753 shares of the financial services provider’s stock worth $353,000 after buying an additional 147 shares during the last quarter. Commonwealth Retirement Investments LLC bought a new stake in Capital One Financial during the second quarter worth $113,000. Finally, TCW Group Inc. lifted its stake in Capital One Financial by 1.8% in the second quarter. TCW Group Inc. now owns 10,450 shares of the financial services provider’s stock valued at $2,096,000 after acquiring an additional 182 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Barclays reduced their price target on Capital One Financial from $242.00 to $240.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Truist Financial reduced their target price on Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. JPMorgan Chase & Co. increased their price target on Capital One Financial from $215.00 to $245.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. HSBC raised shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $226.00 to $229.00 in a research report on Sunday, July 12th. Finally, BTIG Research raised their target price on shares of Capital One Financial from $224.00 to $259.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Twenty analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $259.36.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Ravi Raghu sold 9,726 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $209.78, for a total value of $2,040,320.28. Following the completion of the sale, the insider owned 26,328 shares of the company’s stock, valued at $5,523,087.84. The trade was a 26.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $208.00, for a total transaction of $728,000.00. Following the transaction, the general counsel directly owned 90,194 shares in the company, valued at $18,760,352. This represents a 3.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 22,186 shares of company stock worth $4,697,301. 0.78% of the stock is currently owned by company insiders.

Capital One Financial Stock Performance

COF opened at $227.19 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The business has a fifty day simple moving average of $204.93 and a 200 day simple moving average of $198.21. Capital One Financial Corporation has a 1 year low of $174.24 and a 1 year high of $259.64. The company has a market capitalization of $139.38 billion, a PE ratio of 14.06, a price-to-earnings-growth ratio of 0.82 and a beta of 1.02.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, topping the consensus estimate of $4.79 by $1.02. The firm had revenue of $15.83 billion for the quarter, compared to analysts’ expectations of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The company’s quarterly revenue was up 26.9% compared to the same quarter last year. During the same quarter last year, the business earned $5.48 EPS. Research analysts expect that Capital One Financial Corporation will post 20.19 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be paid a $0.80 dividend. The ex-dividend date is Monday, August 17th. This represents a $3.20 annualized dividend and a yield of 1.4%. Capital One Financial’s payout ratio is 19.80%.

Capital One Financial 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.