Kovack Advisors Inc. Buys 177 Shares of Capital One Financial Co. (NYSE:COF)

Kovack Advisors Inc. raised its stake in shares of Capital One Financial Co. (NYSE:COF) by 8.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,281 shares of the financial services provider’s stock after purchasing an additional 177 shares during the period. Kovack Advisors Inc.’s holdings in Capital One Financial were worth $340,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in COF. Financial Security Advisor Inc. increased its holdings in Capital One Financial by 2.4% during the first quarter. Financial Security Advisor Inc. now owns 3,255 shares of the financial services provider’s stock valued at $485,000 after buying an additional 75 shares during the period. Valley National Advisers Inc. increased its holdings in Capital One Financial by 0.5% during the first quarter. Valley National Advisers Inc. now owns 16,366 shares of the financial services provider’s stock valued at $2,435,000 after buying an additional 75 shares during the period. FFT Wealth Management LLC increased its holdings in Capital One Financial by 3.6% during the fourth quarter. FFT Wealth Management LLC now owns 2,325 shares of the financial services provider’s stock valued at $305,000 after buying an additional 80 shares during the period. Tortoise Investment Management LLC increased its holdings in Capital One Financial by 41.9% during the fourth quarter. Tortoise Investment Management LLC now owns 271 shares of the financial services provider’s stock valued at $36,000 after buying an additional 80 shares during the period. Finally, City Holding Co. increased its holdings in Capital One Financial by 1.6% during the first quarter. City Holding Co. now owns 5,023 shares of the financial services provider’s stock valued at $748,000 after buying an additional 80 shares during the period. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the sale, the insider now owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the sale, the insider now owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Timothy P. Golden sold 8,656 shares of the business’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the sale, the insider now directly owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

COF has been the topic of several research reports. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $159.00 price objective on shares of Capital One Financial in a report on Wednesday, March 27th. BTIG Research started coverage on shares of Capital One Financial in a research note on Friday, June 7th. They issued a “neutral” rating for the company. JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a research note on Wednesday, April 3rd. Wells Fargo & Company raised their target price on shares of Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research note on Wednesday, April 10th. Finally, Evercore ISI lowered their target price on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $141.20.

Capital One Financial Stock Down 1.5 %

COF opened at $138.42 on Friday. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $149.94. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. The company has a fifty day moving average of $139.30 and a two-hundred day moving average of $137.35. The stock has a market capitalization of $52.63 billion, a price-to-earnings ratio of 10.84, a PEG ratio of 1.09 and a beta of 1.45.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The firm had revenue of $9.40 billion during the quarter, compared to analysts’ expectations of $9.35 billion. During the same period in the previous year, the firm posted $2.31 EPS. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. On average, research analysts expect that Capital One Financial Co. will post 13.31 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were issued a $0.60 dividend. The ex-dividend date was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a yield of 1.73%. Capital One Financial’s payout ratio is 18.79%.

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.