Capital One Financial Co. (NYSE:COF) Shares Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. raised its stake in Capital One Financial Co. (NYSE:COF) by 3.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,088 shares of the financial services provider’s stock after purchasing an additional 1,728 shares during the period. D.A. Davidson & CO.’s holdings in Capital One Financial were worth $7,902,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in COF. Van ECK Associates Corp grew its stake in shares of Capital One Financial by 10.0% during the fourth quarter. Van ECK Associates Corp now owns 32,137 shares of the financial services provider’s stock worth $4,214,000 after purchasing an additional 2,925 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Capital One Financial by 3.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 159,691 shares of the financial services provider’s stock worth $20,939,000 after buying an additional 4,686 shares during the last quarter. Natixis Advisors L.P. boosted its holdings in shares of Capital One Financial by 0.6% in the 4th quarter. Natixis Advisors L.P. now owns 137,394 shares of the financial services provider’s stock valued at $18,014,000 after buying an additional 811 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in shares of Capital One Financial by 45.5% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 4,539 shares of the financial services provider’s stock worth $596,000 after purchasing an additional 1,419 shares during the last quarter. Finally, Merit Financial Group LLC increased its position in shares of Capital One Financial by 3.1% during the fourth quarter. Merit Financial Group LLC now owns 2,808 shares of the financial services provider’s stock worth $368,000 after purchasing an additional 85 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insiders Place Their Bets

In related news, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares in the company, valued at $11,060,100. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction dated 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 transaction, the insider now owns 73,734 shares in the company, valued at $11,060,100. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on COF shares. Evercore ISI dropped their price target on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research note on Tuesday, June 25th. Bank of America upped their target price on shares of 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 set a $150.00 target price on shares of Capital One Financial in a research note on Thursday, July 25th. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and upped their price objective for the company from $145.00 to $165.00 in a research note on Thursday, June 6th. Finally, BTIG Research began coverage on shares of Capital One Financial in a research report on Friday, June 7th. They issued a “neutral” rating on the stock. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $145.89.

Capital One Financial Stock Performance

NYSE COF opened at $146.93 on Monday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The stock has a market cap of $56.11 billion, a price-to-earnings ratio of 11.51, a price-to-earnings-growth ratio of 1.16 and a beta of 1.45. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $153.35. The business has a fifty day moving average of $140.83 and a 200-day moving average of $140.22.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The firm had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. Capital One Financial’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the company posted $3.52 earnings per share. As a group, analysts predict that Capital One Financial Co. will post 13.1 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were issued a $0.60 dividend. The ex-dividend date was Monday, August 12th. This represents a $2.40 annualized dividend and a yield of 1.63%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

About Capital One Financial

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.