Bryn Mawr Trust Advisors LLC Buys 510 Shares of Capital One Financial Corporation $COF

Bryn Mawr Trust Advisors LLC grew its stake in shares of Capital One Financial Corporation (NYSE:COF) by 43.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,693 shares of the financial services provider’s stock after buying an additional 510 shares during the period. Bryn Mawr Trust Advisors LLC’s holdings in Capital One Financial were worth $360,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of COF. Earned Wealth Advisors LLC bought a new position in shares of Capital One Financial in the 2nd quarter valued at $254,000. Plancorp LLC acquired a new stake in Capital One Financial in the second quarter valued at about $272,000. Private Advisor Group LLC grew its position in Capital One Financial by 15.3% in the first quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider’s stock valued at $1,776,000 after acquiring an additional 1,312 shares during the last quarter. Callodine Capital Management LP grew its position in Capital One Financial by 200.0% in the first quarter. Callodine Capital Management LP now owns 150,000 shares of the financial services provider’s stock valued at $26,895,000 after acquiring an additional 100,000 shares during the last quarter. Finally, Flagship Harbor Advisors LLC raised its stake in Capital One Financial by 111.8% during the second quarter. Flagship Harbor Advisors LLC now owns 2,510 shares of the financial services provider’s stock worth $534,000 after acquiring an additional 1,325 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Up 0.4%

Shares of NYSE COF opened at $217.83 on Friday. The company’s 50 day moving average price is $219.28 and its 200-day moving average price is $209.71. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45. The company has a market capitalization of $139.31 billion, a P/E ratio of 91.91, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19.

Capital One Financial (NYSE:COF) last announced its earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The business 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%. Equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share 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. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend is Monday, November 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s dividend payout ratio is 101.27%.

Insiders Place Their Bets

In other Capital One Financial news, CAO Timothy P. Golden sold 3,462 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total value of $727,989.36. Following the transaction, the chief accounting officer directly owned 8,987 shares of the company’s stock, valued at approximately $1,889,786.36. The trade was a 27.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Neal Blinde sold 43,200 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $221.83, for a total value of $9,583,056.00. Following the transaction, the insider owned 73,020 shares in the company, valued at $16,198,026.60. The trade was a 37.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 259,842 shares of company stock valued at $57,857,467 over the last 90 days. 1.26% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Zacks Research upgraded shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 24th. The Goldman Sachs Group raised their target price on shares of Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Citigroup boosted their target price on shares of Capital One Financial from $275.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Redburn Atlantic upgraded Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st. Finally, Morgan Stanley raised their price objective on Capital One Financial from $267.00 to $272.00 and gave the company an “overweight” rating in a report on Wednesday, October 22nd. Four research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target 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.