Price T Rowe Associates Inc. MD Raises Holdings in Capital One Financial Co. (NYSE:COF)

Price T Rowe Associates Inc. MD boosted its position in Capital One Financial Co. (NYSE:COF) by 31.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,214,929 shares of the financial services provider’s stock after purchasing an additional 292,978 shares during the period. Price T Rowe Associates Inc. MD owned about 0.32% of Capital One Financial worth $180,892,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Financial Security Advisor Inc. increased its stake in Capital One Financial by 2.4% in the 1st quarter. Financial Security Advisor Inc. now owns 3,255 shares of the financial services provider’s stock valued at $485,000 after purchasing an additional 75 shares in the last quarter. Valley National Advisers Inc. increased its stake in Capital One Financial by 0.5% in the 1st quarter. Valley National Advisers Inc. now owns 16,366 shares of the financial services provider’s stock valued at $2,435,000 after purchasing an additional 75 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in Capital One Financial by 11.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 75 shares in the last quarter. Smith Chas P & Associates PA Cpas increased its stake in Capital One Financial by 2.8% in the 1st quarter. Smith Chas P & Associates PA Cpas now owns 2,829 shares of the financial services provider’s stock valued at $421,000 after purchasing an additional 76 shares in the last quarter. Finally, FFT Wealth Management LLC increased its stake in Capital One Financial by 3.6% in the 4th quarter. FFT Wealth Management LLC now owns 2,325 shares of the financial services provider’s stock valued at $305,000 after purchasing an additional 80 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on COF. BTIG Research began coverage on Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating for the company. Wells Fargo & Company raised their price target on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 10th. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target for the company in a research report on Thursday, April 4th. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and raised their price target for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. Finally, JPMorgan Chase & Co. raised their price target on Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday, July 8th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Capital One Financial presently has a consensus rating of “Hold” and a consensus target price of $145.89.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 16,913 shares of Capital One Financial stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the transaction, the insider now directly owns 47,081 shares in the company, valued at $6,726,933.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the sale, the insider now directly owns 73,734 shares in the company, valued at $11,060,100. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Celia Karam sold 16,913 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the sale, the insider now owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The disclosure for this sale can be found here. Insiders sold a total of 56,311 shares of company stock worth $8,274,640 over the last ninety days. Company insiders own 1.30% of the company’s stock.

Capital One Financial Stock Down 0.3 %

Capital One Financial stock traded down $0.46 during midday trading on Monday, hitting $148.90. The stock had a trading volume of 454,925 shares, compared to its average volume of 2,536,925. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. The stock has a market cap of $56.61 billion, a P/E ratio of 11.56, a P/E/G ratio of 1.17 and a beta of 1.46. Capital One Financial Co. has a 12 month low of $88.23 and a 12 month high of $153.35. The business has a fifty day moving average price of $139.34 and a 200 day moving average price of $138.88.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The company had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.57 billion. During the same quarter in the previous year, the firm earned $3.52 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis. Research analysts predict that Capital One Financial Co. will post 13.17 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a yield of 1.61%. Capital One Financial’s payout ratio is currently 18.79%.

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.