2,191 Shares in Capital One Financial Corporation $COF Acquired by AssuredPartners Investment Advisors LLC

AssuredPartners Investment Advisors LLC acquired a new position in Capital One Financial Corporation (NYSE:COF) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 2,191 shares of the financial services provider’s stock, valued at approximately $466,000.

Several other institutional investors and hedge funds have also bought and sold shares of COF. Kingstone Capital Partners Texas LLC lifted its holdings in Capital One Financial by 588,668.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock worth $24,988,129,000 after buying an additional 117,427,549 shares during the period. Diamond Hill Capital Management Inc. purchased a new stake in Capital One Financial in the 1st quarter worth approximately $381,848,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Capital One Financial by 45.1% in the 1st 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 worth $838,609,000 after buying an additional 1,454,595 shares during the period. Bank of New York Mellon Corp lifted its holdings in Capital One Financial by 23.7% in the 1st quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider’s stock worth $889,519,000 after buying an additional 950,415 shares during the period. Finally, Nuveen LLC purchased a new position in shares of Capital One Financial in the 1st quarter valued at approximately $141,599,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the subject of a number of research analyst reports. HSBC set a $218.00 target price on Capital One Financial and gave the company a “hold” rating in a research note on Friday, October 10th. The Goldman Sachs Group lowered their target price on Capital One Financial from $276.00 to $266.00 and set a “buy” rating for the company in a research note on Friday, October 3rd. Weiss Ratings restated a “hold (c-)” rating on shares of Capital One Financial in a research note on Wednesday, October 8th. UBS Group lowered their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a research note on Tuesday, October 7th. Finally, Robert W. Baird raised their target price on Capital One Financial from $240.00 to $245.00 and gave the company an “outperform” rating in a research note on Thursday, October 2nd. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $252.78.

Insiders Place Their Bets

In other Capital One Financial news, insider Michael Zamsky sold 5,515 shares of Capital One Financial stock in a transaction on Monday, August 4th. The stock was sold at an average price of $209.59, for a total value of $1,155,888.85. Following the completion of the sale, the insider owned 27,364 shares of the company’s stock, valued at approximately $5,735,220.76. This trade represents a 16.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert M. Alexander sold 10,114 shares of Capital One Financial stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total value 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 a total of 23,298 shares of company stock worth $5,103,824 in the last 90 days. 1.26% of the stock is currently owned by company insiders.

Capital One Financial Stock Up 4.0%

Shares of NYSE:COF opened at $211.25 on Friday. The stock has a fifty day simple moving average of $219.01 and a two-hundred day simple moving average of $203.23. The stock has a market capitalization of $135.10 billion, a price-to-earnings ratio of 108.33, a PEG ratio of 0.73 and a beta of 1.18. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-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 announced 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 company had revenue of $12.49 billion for the quarter, compared to analysts’ expectations of $12.72 billion. The firm’s quarterly revenue was up 31.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.14 EPS. On average, research 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were paid a dividend of $0.60 per share. The ex-dividend date was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. Capital One Financial’s payout ratio is presently 123.08%.

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.