Fox Run Management L.L.C. Invests $1.02 Million in Capital One Financial Corporation $COF

Fox Run Management L.L.C. purchased a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,777 shares of the financial services provider’s stock, valued at approximately $1,016,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC lifted its holdings in shares of 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 acquiring an additional 117,427,549 shares during the last quarter. Diamond Hill Capital Management Inc. bought a new position in Capital One Financial during the 1st quarter valued at about $381,848,000. Bank of New York Mellon Corp raised its position in Capital One Financial by 41.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 7,011,073 shares of the financial services provider’s stock worth $1,491,676,000 after purchasing an additional 2,050,010 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Capital One Financial by 45.1% in 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 worth $838,609,000 after purchasing an additional 1,454,595 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Capital One Financial by 134.0% in the second quarter. Envestnet Asset Management Inc. now owns 1,585,192 shares of the financial services provider’s stock worth $337,265,000 after purchasing an additional 907,803 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

COF opened at $217.83 on Friday. The company has a market capitalization of $139.31 billion, a price-to-earnings ratio of 91.91, a PEG ratio of 0.70 and a beta of 1.19. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. The business’s fifty day simple moving average is $219.28 and its 200-day simple moving average is $209.71.

Capital One Financial (NYSE:COF) last released its quarterly earnings data 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 during the quarter. On average, equities 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 firm also recently disclosed 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 is a boost from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, November 17th. Capital One Financial’s payout ratio is 101.27%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, CAO Timothy P. Golden sold 3,462 shares of the stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total transaction of $727,989.36. Following the sale, the chief accounting officer owned 8,987 shares of the company’s stock, valued at approximately $1,889,786.36. This trade represents a 27.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 completion of the transaction, the general counsel directly owned 96,486 shares of the company’s stock, valued at approximately $21,169,993.26. The trade was a 2.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 259,842 shares of company stock valued at $57,857,467. 1.26% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on COF. UBS Group cut their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research note on Tuesday, October 7th. The Goldman Sachs Group upped their price objective on Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Wells Fargo & Company lifted their target price on Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Redburn Atlantic raised shares of Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st. Finally, HSBC raised their price target on shares of Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a research note on Thursday, October 23rd. Four equities research 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. Based on data from MarketBeat, 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.