Capital One Financial Corporation $COF Shares Bought by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. boosted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 217.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,624 shares of the financial services provider’s stock after buying an additional 3,168 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Capital One Financial were worth $984,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in COF. Kingstone Capital Partners Texas LLC lifted its holdings in Capital One Financial by 588,668.3% during 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 buying an additional 117,427,549 shares in the last quarter. Diamond Hill Capital Management Inc. acquired a new stake in Capital One Financial during the 1st quarter worth approximately $381,848,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Capital One Financial by 45.1% during the 1st 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 buying an additional 1,454,595 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Capital One Financial by 23.7% during the 1st quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider’s stock worth $889,519,000 after buying an additional 950,415 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in Capital One Financial during the 1st quarter worth approximately $141,599,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on COF. UBS Group dropped their price objective on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Capital One Financial from $215.00 to $224.00 and gave the company a “hold” rating in a research report on Thursday, October 2nd. JPMorgan Chase & Co. dropped their price objective on shares of Capital One Financial from $248.00 to $235.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 7th. The Goldman Sachs Group dropped their price objective on shares of Capital One Financial from $276.00 to $266.00 and set a “buy” rating on the stock in a research report on Friday, October 3rd. Finally, Robert W. Baird increased their price objective on shares of Capital One Financial from $240.00 to $245.00 and gave the company an “outperform” rating in a research report on Thursday, October 2nd. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $252.78.

Capital One Financial Trading Up 3.1%

NYSE COF opened at $214.08 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $136.91 billion, a PE ratio of 109.78, a P/E/G ratio of 0.76 and a beta of 1.18. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $232.45. The firm’s fifty day moving average is $219.00 and its two-hundred day moving average is $202.75.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion during the quarter, compared to analyst estimates of $12.72 billion. The company’s revenue for the quarter was up 31.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.14 earnings per share. Analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

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

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 5,515 shares of Capital One Financial stock in a transaction on Monday, August 4th. The shares were sold at an average price of $209.59, for a total value of $1,155,888.85. Following the transaction, the insider directly 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Robert M. Alexander sold 10,114 shares of Capital One Financial stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the completion of the transaction, the insider owned 68,707 shares in the company, valued at approximately $15,655,577.02. This represents a 12.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 23,298 shares of company stock valued at $5,103,824. Company insiders own 1.26% of the company’s stock.

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.