Midland Wealth Advisors LLC Invests $252,000 in Capital One Financial Corporation $COF

Midland Wealth Advisors LLC purchased a new position in shares of Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 1,185 shares of the financial services provider’s stock, valued at approximately $252,000.

Several other institutional investors have also added to or reduced their stakes in the company. Earned Wealth Advisors LLC acquired a new stake in Capital One Financial during the second quarter worth approximately $254,000. Plancorp LLC acquired a new position in Capital One Financial in the second quarter valued at approximately $272,000. Private Advisor Group LLC boosted its holdings 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 worth $1,776,000 after buying an additional 1,312 shares in the last quarter. Callodine Capital Management LP grew its position in shares of Capital One Financial by 200.0% during the 1st quarter. Callodine Capital Management LP now owns 150,000 shares of the financial services provider’s stock worth $26,895,000 after buying an additional 100,000 shares during the period. Finally, Flagship Harbor Advisors LLC grew its position in shares of Capital One Financial by 111.8% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 2,510 shares of the financial services provider’s stock worth $534,000 after buying an additional 1,325 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Trading Up 1.1%

NYSE:COF opened at $220.29 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a 50-day moving average of $219.14 and a 200-day moving average of $210.19. The company has a market cap of $140.05 billion, a PE ratio of 92.95, a PEG ratio of 0.70 and a beta of 1.19. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $232.45.

Capital One Financial (NYSE:COF) last announced its quarterly 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 for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. As a group, equities research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be issued a $0.80 dividend. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, November 17th. Capital One Financial’s dividend payout ratio is 135.02%.

Insider Buying and Selling

In related news, CAO Timothy P. Golden sold 207 shares of the company’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares in the company, valued at approximately $1,891,299.80. This represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Neal Blinde sold 43,200 shares of the stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $221.83, for a total value of $9,583,056.00. Following the completion of the sale, the insider directly owned 73,020 shares of the company’s stock, valued at $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. Insiders sold 256,380 shares of company stock worth $57,129,478 in the last ninety days. Corporate insiders own 1.26% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. The Goldman Sachs Group boosted 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. Wells Fargo & Company lifted their price target on shares of Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Capital One Financial from $224.00 to $240.00 and gave the stock a “hold” rating in a research report on Wednesday, October 22nd. UBS Group reduced their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a research note on Tuesday, October 7th. Finally, HSBC boosted their target price on Capital One Financial from $218.00 to $234.00 and gave the company a “hold” rating in a research report on Thursday, October 23rd. Four analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial has a consensus 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.