4,682 Shares in Capital One Financial Corporation $COF Acquired by Cornercap Investment Counsel Inc.

Cornercap Investment Counsel Inc. acquired a new position in Capital One Financial Corporation (NYSE:COF) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,682 shares of the financial services provider’s stock, valued at approximately $996,000.

Other large investors also recently bought and sold shares of the company. Earned Wealth Advisors LLC acquired a new position in shares of Capital One Financial during the second quarter worth $254,000. Plancorp LLC acquired a new position in shares of Capital One Financial during the second quarter worth $272,000. Private Advisor Group LLC increased its position in shares of Capital One Financial by 15.3% during the first quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider’s stock worth $1,776,000 after purchasing an additional 1,312 shares in the last quarter. Mutual Advisors LLC acquired a new position in shares of Capital One Financial during the first quarter worth $215,000. Finally, Callodine Capital Management LP increased its position in shares of Capital One Financial by 200.0% during 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. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

NYSE:COF opened at $221.45 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 debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market cap of $141.62 billion, a price-to-earnings ratio of 93.44, a PEG ratio of 0.70 and a beta of 1.18. The firm’s fifty day moving average is $219.68 and its two-hundred day moving average is $209.01.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, October 21st. The financial services provider reported $5.95 EPS for the quarter, beating the consensus estimate of $4.25 by $1.70. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The company had revenue of $15.36 billion for the quarter, compared to analyst estimates of $15.06 billion. During the same period in the prior year, the company earned $4.51 earnings per share. The firm’s revenue was up 53.4% on a year-over-year basis. Research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current 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 paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, November 17th. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio is currently 101.27%.

Insider Transactions at Capital One Financial

In other news, CAO Timothy P. Golden sold 207 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total transaction of $44,589.87. Following the sale, the chief accounting officer directly owned 8,780 shares of the company’s stock, valued at $1,891,299.80. This represents a 2.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total transaction of $423,980.00. Following the sale, the general counsel directly owned 98,486 shares in the company, valued at approximately $20,878,047.14. The trade was a 1.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 111,155 shares of company stock valued at $24,998,080 in the last ninety days. 1.26% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on COF. HSBC boosted their price objective on shares of Capital One Financial from $218.00 to $234.00 and gave the company a “hold” rating in a report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Capital One Financial from $224.00 to $240.00 and gave the company a “hold” rating in a report on Wednesday, October 22nd. Wolfe Research boosted their price objective on shares of Capital One Financial from $260.00 to $262.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Redburn Atlantic raised shares of Capital One Financial to a “strong-buy” rating in a report on Friday, August 1st. Finally, 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 report on Tuesday, October 7th. Four analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus 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.