Vermillion & White Wealth Management Group LLC Acquires New Holdings in Capital One Financial Corporation $COF

Vermillion & White Wealth Management Group LLC bought a new position in shares of Capital One Financial Corporation (NYSE:COF) during the second quarter, Holdings Channel reports. The fund bought 376 shares of the financial services provider’s stock, valued at approximately $80,000.

Other large investors have also recently modified their holdings of the company. Earned Wealth Advisors LLC acquired a new stake in Capital One Financial during the 2nd quarter worth about $254,000. Plancorp LLC acquired a new stake in Capital One Financial during the second quarter worth approximately $272,000. Smith Chas P & Associates PA Cpas grew its stake in Capital One Financial by 1,490.0% during the second quarter. Smith Chas P & Associates PA Cpas now owns 43,486 shares of the financial services provider’s stock worth $9,252,000 after purchasing an additional 40,751 shares during the period. Callodine Capital Management LP increased its holdings in Capital One Financial by 200.0% in the first quarter. Callodine Capital Management LP now owns 150,000 shares of the financial services provider’s stock worth $26,895,000 after purchasing an additional 100,000 shares in the last quarter. Finally, Flagship Harbor Advisors LLC lifted its stake in Capital One Financial by 111.8% in the second quarter. Flagship Harbor Advisors LLC now owns 2,510 shares of the financial services provider’s stock valued at $534,000 after buying an additional 1,325 shares during the period. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE COF opened at $217.60 on Thursday. The stock has a market cap of $138.33 billion, a price-to-earnings ratio of 91.81, a PEG ratio of 0.70 and a beta of 1.19. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The firm’s 50-day simple moving average is $216.00 and its 200 day simple moving average is $212.14.

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

Capital One Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be issued a $0.80 dividend. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, November 17th. Capital One Financial’s dividend payout ratio is currently 135.02%.

Insider Activity

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

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Capital One Financial from $224.00 to $240.00 and gave the stock a “hold” rating in a research report on Wednesday, October 22nd. Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a report on Friday, August 1st. Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Zacks Research cut shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, BTIG Research restated a “buy” rating and issued a $264.00 target price on shares of Capital One Financial in a research note on Wednesday, October 22nd. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $261.63.

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.