Transcend Capital Advisors LLC Purchases 265 Shares of Capital One Financial Co. (NYSE:COF)

Transcend Capital Advisors LLC boosted its stake in shares of Capital One Financial Co. (NYSE:COF) by 2.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 12,784 shares of the financial services provider’s stock after purchasing an additional 265 shares during the period. Transcend Capital Advisors LLC’s holdings in Capital One Financial were worth $1,770,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Financial Security Advisor Inc. increased its stake in Capital One Financial by 2.4% during the first quarter. Financial Security Advisor Inc. now owns 3,255 shares of the financial services provider’s stock worth $485,000 after acquiring an additional 75 shares during the last quarter. Valley National Advisers Inc. grew its stake in shares of Capital One Financial by 0.5% during the first quarter. Valley National Advisers Inc. now owns 16,366 shares of the financial services provider’s stock valued at $2,435,000 after buying an additional 75 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Capital One Financial by 11.7% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock valued at $107,000 after buying an additional 75 shares during the last quarter. Smith Chas P & Associates PA Cpas grew its stake in shares of Capital One Financial by 2.8% during the first quarter. Smith Chas P & Associates PA Cpas now owns 2,829 shares of the financial services provider’s stock valued at $421,000 after buying an additional 76 shares during the last quarter. Finally, FFT Wealth Management LLC grew its stake in shares of Capital One Financial by 3.6% during the fourth quarter. FFT Wealth Management LLC now owns 2,325 shares of the financial services provider’s stock valued at $305,000 after buying an additional 80 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on COF shares. JPMorgan Chase & Co. upped their target price on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, July 8th. Bank of America boosted their price target on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $150.00 price target on shares of Capital One Financial in a report on Thursday, July 25th. Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and boosted their price target for the company from $145.00 to $165.00 in a report on Thursday, June 6th. Finally, Wells Fargo & Company upped their target price on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a report on Wednesday, April 10th. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and an average target price of $145.89.

Capital One Financial Price Performance

Capital One Financial stock traded down $7.77 during midday trading on Friday, reaching $136.12. The company had a trading volume of 3,542,499 shares, compared to its average volume of 2,715,373. The company has a market capitalization of $51.75 billion, a P/E ratio of 10.66, a P/E/G ratio of 1.13 and a beta of 1.45. Capital One Financial Co. has a 12-month low of $88.23 and a 12-month high of $153.35. The firm’s fifty day simple moving average is $140.09 and its 200-day simple moving average is $139.46. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00.

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

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 23rd. Shareholders of record on Monday, August 12th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date is Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

Insiders Place Their Bets

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction that occurred on Wednesday, July 17th. The shares were 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 owns 73,734 shares in the company, valued at approximately $11,060,100. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Celia Karam sold 16,913 shares of Capital One Financial stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total transaction 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 approximately $6,726,933.28. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

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.