47,828 Shares in Capital One Financial Corporation $COF Purchased by LSV Asset Management

LSV Asset Management acquired a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, Holdings Channel reports. The fund acquired 47,828 shares of the financial services provider’s stock, valued at approximately $10,176,000.

Several other large investors have also bought and sold shares of COF. WPG Advisers LLC purchased a new stake in shares of Capital One Financial during the first quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC lifted its position in Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC boosted its stake in Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 101 shares during the last quarter. Saudi Central Bank bought a new stake in shares of Capital One Financial in the 1st quarter worth $27,000. Finally, RMG Wealth Management LLC purchased a new position in shares of Capital One Financial in the second quarter worth $27,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, insider Neal Blinde sold 43,200 shares of the company’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $221.83, for a total value of $9,583,056.00. Following the completion of the sale, 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 transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Frank G. LapradeIii sold 17,840 shares of Capital One Financial stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $222.03, for a total value of $3,961,015.20. Following the transaction, the insider owned 48,315 shares in the company, valued at $10,727,379.45. This trade represents a 26.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 274,013 shares of company stock valued at $61,045,903. Company insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

NYSE COF opened at $202.15 on Thursday. The company has a 50-day moving average price of $217.46 and a 200-day moving average price of $211.35. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $232.45. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $128.51 billion, a P/E ratio of 85.29, a PEG ratio of 0.70 and a beta of 1.19.

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

Capital One Financial Increases Dividend

The firm 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. The ex-dividend date is Monday, November 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio is 135.02%.

Analysts Set New Price Targets

Several research firms recently commented on COF. Citigroup increased their price objective on Capital One Financial from $275.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st. Rothschild & Co Redburn started coverage on shares of Capital One Financial in a report on Friday, August 1st. They set a “buy” rating and a $290.00 price target on the stock. Wolfe Research lifted their price target on shares of Capital One Financial from $260.00 to $262.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Finally, Zacks Research upgraded shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus price target of $261.63.

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.