D Orazio & Associates Inc. grew its position in Capital One Financial Corporation (NYSE:COF) by 34.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,628 shares of the financial services provider’s stock after buying an additional 420 shares during the period. D Orazio & Associates Inc.’s holdings in Capital One Financial were worth $346,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the company. Eagle Bay Advisors LLC grew its stake in Capital One Financial by 3.6% in the second quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock valued at $299,000 after acquiring an additional 49 shares during the period. Cantor Fitzgerald Investment Advisors L.P. lifted its holdings in shares of Capital One Financial by 0.3% during the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock valued at $3,532,000 after purchasing an additional 50 shares in the last quarter. Atlantic Edge Private Wealth Management LLC lifted its holdings in shares of Capital One Financial by 66.7% during the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 50 shares in the last quarter. TFB Advisors LLC grew its position in shares of Capital One Financial by 3.4% in the 1st quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider’s stock valued at $276,000 after purchasing an additional 51 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. increased its stake in Capital One Financial by 0.9% during the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider’s stock worth $1,097,000 after purchasing an additional 53 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.
Capital One Financial Stock Up 0.7%
Shares of COF stock opened at $222.34 on Thursday. The firm’s fifty day moving average price is $219.11 and its two-hundred day moving average price is $210.54. 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 1 year low of $143.22 and a 1 year high of $232.45. The firm has a market capitalization of $141.35 billion, a P/E ratio of 93.81, a PEG ratio of 0.70 and a beta of 1.19.
Capital One Financial Increases Dividend
The business 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. The ex-dividend date is Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.4%. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio (DPR) is currently 135.02%.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on COF. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Capital One Financial in a research note on Wednesday, October 8th. Zacks Research raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. BTIG Research reiterated a “buy” rating and set a $264.00 target price on shares of Capital One Financial in a report on Wednesday, October 22nd. Wells Fargo & Company lifted their price target on Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Finally, The Goldman Sachs Group upped their price objective on Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. 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 company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.
View Our Latest Research Report on Capital One Financial
Insider Buying and Selling
In other news, CEO Richard D. Fairbank sold 103,487 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $220.68, for a total value of $22,837,511.16. Following the completion of the sale, the chief executive officer owned 4,001,228 shares of the company’s stock, valued at approximately $882,990,995.04. This represents a 2.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Neal Blinde sold 43,200 shares of the business’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the transaction, the insider owned 73,020 shares in the company, valued at approximately $16,198,026.60. The trade was a 37.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 256,380 shares of company stock worth $57,129,478. 1.26% of the stock is owned by corporate insiders.
Capital One Financial 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.
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