Continental Advisors LLC Has $8.79 Million Stock Position in Capital One Financial Corporation $COF

Continental Advisors LLC increased its position in Capital One Financial Corporation (NYSE:COF) by 10.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,305 shares of the financial services provider’s stock after purchasing an additional 4,000 shares during the period. Capital One Financial makes up 4.1% of Continental Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Continental Advisors LLC’s holdings in Capital One Financial were worth $8,788,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Asset Dedication LLC increased its stake in Capital One Financial by 8.9% during the 2nd quarter. Asset Dedication LLC now owns 6,988 shares of the financial services provider’s stock valued at $1,487,000 after purchasing an additional 570 shares in the last quarter. Campbell Capital Management Inc. acquired a new position in shares of Capital One Financial during the second quarter valued at about $7,660,000. Pitcairn Co. increased its position in shares of Capital One Financial by 63.3% during the second quarter. Pitcairn Co. now owns 10,422 shares of the financial services provider’s stock worth $2,217,000 after acquiring an additional 4,041 shares in the last quarter. Hudson Bay Capital Management LP raised its holdings in shares of Capital One Financial by 8.2% in the 2nd quarter. Hudson Bay Capital Management LP now owns 592,523 shares of the financial services provider’s stock worth $126,065,000 after acquiring an additional 45,109 shares during the last quarter. Finally, N.E.W. Advisory Services LLC lifted its position in Capital One Financial by 625.0% in the 2nd quarter. N.E.W. Advisory Services LLC now owns 580 shares of the financial services provider’s stock valued at $123,000 after acquiring an additional 500 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $219.41, for a total value of $438,820.00. Following the sale, the general counsel directly owned 96,486 shares in the company, valued at $21,169,993.26. The trade was a 2.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Neal Blinde sold 43,200 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $221.83, for a total value of $9,583,056.00. Following the transaction, the insider directly owned 73,020 shares in the company, valued at $16,198,026.60. This represents a 37.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 274,013 shares of company stock worth $61,045,903. Company insiders own 1.26% of the company’s stock.

Analysts Set New Price Targets

COF has been the subject of a number of recent research reports. UBS Group decreased their price objective on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a report on Tuesday, October 7th. Evercore ISI upped their price target on Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a report on Tuesday, September 30th. Keefe, Bruyette & Woods increased their price target on Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a research report on Wednesday, July 23rd. Barclays lifted their price objective on shares of Capital One Financial from $257.00 to $271.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Finally, Wall Street Zen upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

Capital One Financial Stock Down 0.2%

Shares of NYSE:COF opened at $200.61 on Wednesday. The company has a market capitalization of $127.53 billion, a PE ratio of 84.64, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19. 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 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The business has a fifty day moving average price of $217.89 and a two-hundred day moving average price of $211.42.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The company had revenue of $15.46 billion for the quarter. Analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Monday, November 17th. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio (DPR) is 135.02%.

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.