Fulton Breakefield Broenniman LLC Has $433,000 Position in Capital One Financial Corporation $COF

Fulton Breakefield Broenniman LLC boosted its position in shares of Capital One Financial Corporation (NYSE:COF) by 5.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,033 shares of the financial services provider’s stock after purchasing an additional 103 shares during the quarter. Fulton Breakefield Broenniman LLC’s holdings in Capital One Financial were worth $433,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in COF. Eagle Bay Advisors LLC grew its stake in shares of Capital One Financial by 3.6% in the second quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock valued at $299,000 after acquiring an additional 49 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. grew its stake in shares of Capital One Financial by 0.3% in the second quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock valued at $3,532,000 after acquiring an additional 50 shares in the last quarter. TFB Advisors LLC grew its stake in shares of Capital One Financial by 3.4% in the first quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider’s stock valued at $276,000 after acquiring an additional 51 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its stake in shares of Capital One Financial by 0.9% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider’s stock valued at $1,097,000 after acquiring an additional 53 shares in the last quarter. Finally, tru Independence LLC grew its stake in shares of Capital One Financial by 1.7% in the second quarter. tru Independence LLC now owns 3,202 shares of the financial services provider’s stock valued at $681,000 after acquiring an additional 55 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on COF shares. Royal Bank Of Canada upped their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 23rd. Evercore ISI increased their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 30th. Wall Street Zen upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Citigroup increased their price objective on shares of Capital One Financial from $250.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. Finally, UBS Group reduced their price objective on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research note on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average target price of $250.44.

Capital One Financial Stock Down 0.9%

Shares of NYSE COF opened at $211.79 on Thursday. The company has a 50 day simple moving average of $219.22 and a 200 day simple moving average of $201.77. The firm has a market cap of $135.44 billion, a PE ratio of 108.61, a price-to-earnings-growth ratio of 0.79 and a beta of 1.18. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion during the quarter, compared to the consensus estimate of $12.72 billion. The firm’s quarterly revenue was up 31.4% compared to the same quarter last year. During the same quarter last year, the business earned $3.14 EPS. On average, research analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

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

Insider Activity

In other Capital One Financial news, insider Robert M. Alexander sold 10,114 shares of the stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the completion of the sale, the insider owned 68,707 shares of the company’s stock, valued at approximately $15,655,577.02. This represents a 12.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the sale, the insider directly owned 27,364 shares of the company’s stock, valued at $5,735,220.76. This represents a 16.77% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 23,298 shares of company stock worth $5,103,824. 1.26% of the stock is owned by company insiders.

Capital One Financial Company 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.