Auxano Advisors LLC Buys 1,101 Shares of Capital One Financial Corporation $COF

Auxano Advisors LLC raised its stake in Capital One Financial Corporation (NYSE:COF) by 44.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,557 shares of the financial services provider’s stock after buying an additional 1,101 shares during the period. Auxano Advisors LLC’s holdings in Capital One Financial were worth $757,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its position in Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after purchasing an additional 10,428 shares in the last quarter. Private Advisor Group LLC increased its position in shares of Capital One Financial by 15.3% during the 1st quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider’s stock valued at $1,776,000 after purchasing an additional 1,312 shares during the last quarter. IFP Advisors Inc raised its holdings in shares of Capital One Financial by 12.8% during the 1st quarter. IFP Advisors Inc now owns 2,710 shares of the financial services provider’s stock valued at $486,000 after buying an additional 307 shares in the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of Capital One Financial by 162.1% during the 1st quarter. J.W. Cole Advisors Inc. now owns 6,320 shares of the financial services provider’s stock valued at $1,133,000 after buying an additional 3,909 shares in the last quarter. Finally, Crestwood Advisors Group LLC lifted its position in Capital One Financial by 14.7% in the 1st quarter. Crestwood Advisors Group LLC now owns 4,025 shares of the financial services provider’s stock worth $722,000 after buying an additional 517 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on COF shares. Morgan Stanley lifted their price target on shares of Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Citigroup increased their target price on shares of Capital One Financial from $275.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Barclays boosted their price target on shares of Capital One Financial from $257.00 to $271.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Zacks Research raised Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 24th. Finally, TD Cowen lifted their price objective on Capital One Financial from $258.00 to $261.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus price target of $261.63.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $202.15 on Thursday. The company’s fifty day simple moving average is $217.46 and its two-hundred day simple moving average is $211.35. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. The firm has a market cap of $128.51 billion, a PE ratio of 85.29, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45.

Capital One Financial (NYSE:COF) last posted its earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The company had revenue of $15.46 billion during the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. As a group, equities analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current 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 given a $0.80 dividend. The ex-dividend date is Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio is 135.02%.

Insiders Place Their Bets

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $219.41, for a total transaction of $438,820.00. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank G. LapradeIii sold 17,840 shares of the firm’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $222.03, for a total value of $3,961,015.20. Following the completion of the sale, the insider directly owned 48,315 shares of the company’s stock, valued at $10,727,379.45. The trade was a 26.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 274,013 shares of company stock valued at $61,045,903 in the last 90 days. 1.26% of the stock is owned by corporate insiders.

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.