Sather Financial Group Inc Makes New Investment in Capital One Financial Corporation $COF

Sather Financial Group Inc acquired a new stake in shares of Capital One Financial Corporation (NYSE:COF) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,076 shares of the financial services provider’s stock, valued at approximately $867,000.

A number of other institutional investors have also recently made changes to their positions in COF. Kingstone Capital Partners Texas LLC grew its position in shares of Capital One Financial by 588,668.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock valued at $24,988,129,000 after purchasing an additional 117,427,549 shares in the last quarter. Diamond Hill Capital Management Inc. purchased a new position in shares of Capital One Financial during the first quarter valued at about $381,848,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Capital One Financial by 45.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,677,128 shares of the financial services provider’s stock valued at $838,609,000 after purchasing an additional 1,454,595 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Capital One Financial by 23.7% during the first quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider’s stock valued at $889,519,000 after purchasing an additional 950,415 shares in the last quarter. Finally, Nuveen LLC purchased a new position in shares of Capital One Financial during the first quarter valued at about $141,599,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on COF. Citigroup raised their price objective on Capital One Financial from $250.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, July 24th. Evercore ISI raised their price objective on Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Tuesday, September 30th. Wells Fargo & Company increased 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. Barclays increased their price target on shares of Capital One Financial from $253.00 to $257.00 and gave the company an “overweight” rating in a report on Monday, October 6th. Finally, Royal Bank Of Canada increased 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 report on Wednesday, July 23rd. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and an average target price of $252.78.

Insider Activity

In other Capital One Financial news, CAO Timothy P. Golden sold 207 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total value of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares of the company’s stock, valued at $1,891,299.80. This trade represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert M. Alexander sold 10,114 shares of the firm’s stock in a transaction dated Wednesday, July 23rd. The stock was 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 directly owned 68,707 shares of the company’s stock, valued at approximately $15,655,577.02. The trade was a 12.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold 23,298 shares of company stock worth $5,103,824 in the last ninety days. 1.26% of the stock is currently owned by company insiders.

Capital One Financial Stock Down 4.0%

Shares of NYSE COF opened at $202.37 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market cap of $129.42 billion, a P/E ratio of 103.78, a PEG ratio of 0.74 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 firm has a 50-day simple moving average of $219.02 and a two-hundred day simple moving average of $202.27.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $3.55. The firm had revenue of $12.49 billion during the quarter, compared to the consensus estimate of $12.72 billion. The firm’s revenue for the quarter was up 31.4% on a year-over-year basis. During the same period in the previous year, the business earned $3.14 EPS. Research analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 annualized dividend and a yield of 1.2%. Capital One Financial’s dividend payout ratio (DPR) is presently 123.08%.

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.