Joel Isaacson & Co. LLC Purchases New Stake in Capital One Financial Co. (NYSE:COF)

Joel Isaacson & Co. LLC acquired a new position in shares of Capital One Financial Co. (NYSE:COF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,024 shares of the financial services provider’s stock, valued at approximately $539,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FMR LLC grew its holdings in shares of Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after acquiring an additional 1,169,395 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $130,683,000. Wellington Management Group LLP increased its holdings in Capital One Financial by 268.7% in the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after buying an additional 710,881 shares during the last quarter. Southpoint Capital Advisors LP bought a new position in Capital One Financial during the third quarter valued at approximately $104,811,000. Finally, KBC Group NV lifted its stake in Capital One Financial by 282.2% in the fourth quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock valued at $111,177,000 after acquiring an additional 460,339 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 1.7 %

Shares of NYSE COF opened at $203.13 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market cap of $77.44 billion, a PE ratio of 17.53, a PEG ratio of 1.26 and a beta of 1.47. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $208.63. The business has a fifty day moving average of $188.30 and a two-hundred day moving average of $166.58.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the prior year, the company earned $2.81 EPS. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. As a group, equities research analysts expect that Capital One Financial Co. will post 15.41 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. Capital One Financial’s dividend payout ratio (DPR) is currently 20.71%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Wells Fargo & Company upped their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Argus upgraded Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Royal Bank of Canada boosted their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. Finally, Evercore ISI raised their price target on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $196.31.

Insider Activity at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is owned by company insiders.

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.