Capital One Financial Corporation $COF Shares Bought by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. grew its stake in shares of Capital One Financial Corporation (NYSE:COF) by 443.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 9,019 shares of the financial services provider’s stock after purchasing an additional 7,359 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Capital One Financial were worth $1,919,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC grew its holdings in Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 62 shares in the last quarter. Signature Resources Capital Management LLC acquired a new position in Capital One Financial during the 2nd quarter worth $28,000. WPG Advisers LLC acquired a new position in shares of Capital One Financial in the 1st quarter valued at about $25,000. Saudi Central Bank acquired a new position in shares of Capital One Financial in the 1st quarter valued at about $27,000. Finally, First United Bank & Trust acquired a new position in shares of Capital One Financial in the 2nd quarter valued at about $32,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Capital One Financial

In related news, insider Robert M. Alexander sold 10,114 shares of the business’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the sale, the insider directly owned 68,707 shares in the company, valued at $15,655,577.02. The trade was a 12.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Timothy P. Golden sold 207 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares in the company, valued at $1,891,299.80. The trade was a 2.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 23,298 shares of company stock valued at $5,103,824 over the last quarter. Company insiders own 1.26% of the company’s stock.

Capital One Financial Trading Up 0.3%

Shares of NYSE:COF opened at $214.39 on Friday. The company has a 50 day moving average of $219.30 and a 200-day moving average of $201.16. The firm has a market cap of $137.10 billion, a P/E ratio of 109.94, a P/E/G ratio of 0.82 and a beta of 1.18. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $232.45. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The company had revenue of $12.49 billion during the quarter, compared to analyst estimates of $12.72 billion. The company’s revenue was up 31.4% on a year-over-year basis. During the same period in the prior year, the company posted $3.14 earnings per share. As a group, analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, August 15th. Capital One Financial’s payout ratio is presently 123.08%.

Analyst Ratings Changes

COF has been the subject of several research reports. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Capital One Financial from $215.00 to $224.00 and gave the company a “hold” rating in a report on Thursday. Morgan Stanley lifted their price target on shares of Capital One Financial from $261.00 to $267.00 and gave the company an “overweight” rating in a report on Monday, September 29th. Evercore ISI lifted their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Tuesday. Wells Fargo & Company lifted their price target on shares of Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Finally, Barclays reaffirmed an “overweight” rating and issued a $253.00 price target (up from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $249.06.

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.