12,909 Shares in Capital One Financial Corporation $COF Bought by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. purchased a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, HoldingsChannel reports. The firm purchased 12,909 shares of the financial services provider’s stock, valued at approximately $2,590,000.

Other hedge funds have also modified their holdings of the company. Evolution Wealth Management Inc. boosted its position in Capital One Financial by 529.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after buying an additional 90 shares during the last quarter. Solstein Capital LLC acquired a new stake in Capital One Financial during the 2nd quarter valued at approximately $26,000. VSM Wealth Advisory LLC purchased a new stake in shares of Capital One Financial in the 4th quarter valued at $27,000. Cherry Tree Wealth Management LLC raised its holdings in shares of Capital One Financial by 1,312.5% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 105 shares during the last quarter. Finally, Ballast Advisors LLC acquired a new position in Capital One Financial during the first quarter valued at $27,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Lia Dean sold 2,193 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $225.52, for a total value of $494,565.36. Following the transaction, the insider directly owned 63,261 shares of the company’s stock, valued at approximately $14,266,620.72. This trade represents a 3.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Zamsky sold 5,473 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $218.02, for a total transaction of $1,193,223.46. Following the completion of the sale, the insider owned 27,992 shares of the company’s stock, valued at approximately $6,102,815.84. The trade was a 16.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 29,767 shares of company stock valued at $6,366,998. Corporate insiders own 0.78% of the company’s stock.

Capital One Financial Price Performance

COF traded down $5.50 during midday trading on Tuesday, hitting $214.10. 2,985,562 shares of the company traded hands, compared to its average volume of 4,787,261. The company has a market capitalization of $131.35 billion, a price-to-earnings ratio of 13.25, a PEG ratio of 0.81 and a beta of 1.02. The business has a 50 day simple moving average of $212.42 and a two-hundred day simple moving average of $198.12. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, topping the consensus estimate of $4.79 by $1.02. The firm had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The company’s revenue for the quarter was up 26.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.48 EPS. On average, equities analysts forecast that Capital One Financial Corporation will post 20.29 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. Capital One Financial’s dividend payout ratio is presently 19.80%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on COF shares. Bank of America decreased their price objective on Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a report on Thursday, July 9th. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $215.00 to $245.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Weiss Ratings upgraded shares of Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. Barclays dropped their price target on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Finally, BTIG Research increased their target price on shares of Capital One Financial from $224.00 to $259.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Twenty-one analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.91.

Capital One Financial 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.