K.J. Harrison & Partners Inc Takes $641,000 Position in Capital One Financial Corporation $COF

K.J. Harrison & Partners Inc bought a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the 3rd quarter, HoldingsChannel reports. The firm bought 3,000 shares of the financial services provider’s stock, valued at approximately $641,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of COF. Mather Group LLC. raised its stake in shares of Capital One Financial by 1.0% during the third quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock valued at $965,000 after purchasing an additional 47 shares during the period. Optas LLC boosted its stake in shares of Capital One Financial by 1.4% in the third quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock valued at $741,000 after purchasing an additional 49 shares during the period. Nations Financial Group Inc. IA ADV grew its holdings in Capital One Financial by 1.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 4,450 shares of the financial services provider’s stock valued at $946,000 after purchasing an additional 49 shares in the last quarter. Bridges Investment Management Inc. grew its holdings in Capital One Financial by 0.4% during the 3rd quarter. Bridges Investment Management Inc. now owns 11,251 shares of the financial services provider’s stock valued at $2,392,000 after purchasing an additional 49 shares in the last quarter. Finally, Culbertson A N & Co. Inc. increased its stake in Capital One Financial by 0.4% during the 2nd quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock worth $2,418,000 after buying an additional 50 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of COF opened at $208.43 on Friday. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $259.64. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44. The firm has a market cap of $129.63 billion, a price-to-earnings ratio of 70.42, a PEG ratio of 0.61 and a beta of 1.14. The stock has a 50 day moving average of $228.33 and a 200-day moving average of $223.04.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.The firm’s revenue for the quarter was up 53.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.67 EPS. As a group, analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th will be issued a $0.80 dividend. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s payout ratio is 108.11%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on COF shares. Wolfe Research decreased their price objective on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating for the company in a research report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft cut their price target on Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a research note on Friday, January 23rd. Wells Fargo & Company increased their price target on Capital One Financial from $265.00 to $280.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Keefe, Bruyette & Woods lifted their price objective on Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, January 2nd. Finally, Wall Street Zen lowered Capital One Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $274.70.

Insider Buying and Selling at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $250.00, for a total transaction of $500,000.00. Following the completion of the transaction, the general counsel directly owned 92,486 shares of the company’s stock, valued at approximately $23,121,500. This represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Neal Blinde sold 38,135 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total value of $7,265,098.85. Following the completion of the sale, the insider directly owned 33,551 shares in the company, valued at approximately $6,391,801.01. This trade represents a 53.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 76,138 shares of company stock worth $16,160,598. 1.26% of the stock is owned by company insiders.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.