Fulton Breakefield Broenniman LLC Acquires 103 Shares of Capital One Financial Corporation $COF

Fulton Breakefield Broenniman LLC lifted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 5.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 2,033 shares of the financial services provider’s stock after acquiring an additional 103 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in Capital One Financial were worth $433,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COF. WPG Advisers LLC bought a new position in shares of Capital One Financial during the 1st quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC lifted its holdings in shares of Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 62 shares during the period. Olistico Wealth LLC lifted its holdings 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 position in Capital One Financial during the 1st quarter valued at about $27,000. Finally, RMG Wealth Management LLC bought a new position in Capital One Financial during the 2nd quarter valued at about $27,000. 89.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. TD Cowen lifted their price target on shares of Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a report on Monday. Evercore ISI lifted their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. Morgan Stanley lifted their price target on shares of Capital One Financial from $261.00 to $267.00 and gave the company an “overweight” rating in a report on Monday, September 29th. The Goldman Sachs Group cut their price target on shares of Capital One Financial from $276.00 to $266.00 and set a “buy” rating for the company in a report on Friday, October 3rd. Finally, Citigroup lifted their price target on shares of Capital One Financial from $250.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, July 24th. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and an average target price of $250.44.

Capital One Financial Stock Down 0.9%

Shares of NYSE:COF opened at $211.79 on Thursday. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $232.45. The company has a 50 day moving average of $219.22 and a 200-day moving average of $201.77. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. The stock has a market cap of $135.44 billion, a price-to-earnings ratio of 108.61, a P/E/G ratio of 0.79 and a beta of 1.18.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, topping the consensus estimate of $1.93 by $3.55. The business had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. During the same quarter in the prior year, the firm earned $3.14 EPS. The firm’s quarterly revenue was up 31.4% compared to the same quarter last year. On average, sell-side analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a dividend of $0.60 per share. The ex-dividend date was Friday, August 15th. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. Capital One Financial’s payout ratio is currently 123.08%.

Insider Buying and Selling at Capital One Financial

In related news, insider Michael Zamsky sold 5,515 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of the transaction, the insider owned 27,364 shares in the company, valued at approximately $5,735,220.76. The trade was a 16.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the transaction, the general counsel owned 98,486 shares of the company’s stock, valued at approximately $20,878,047.14. This represents a 1.99% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 23,298 shares of company stock worth $5,103,824 in the last 90 days. Corporate insiders own 1.26% of the company’s stock.

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.