30,422 Shares in Capital One Financial Co. (NYSE:COF) Bought by Lighthouse Investment Partners LLC

Lighthouse Investment Partners LLC bought a new position in shares of Capital One Financial Co. (NYSE:COF) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 30,422 shares of the financial services provider’s stock, valued at approximately $4,212,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Mackenzie Financial Corp increased its holdings in Capital One Financial by 21.7% in the 2nd quarter. Mackenzie Financial Corp now owns 414,562 shares of the financial services provider’s stock valued at $57,396,000 after buying an additional 74,030 shares during the period. MBB Public Markets I LLC bought a new stake in Capital One Financial in the 2nd quarter valued at $3,837,000. DeepCurrents Investment Group LLC bought a new stake in Capital One Financial in the 2nd quarter valued at $1,937,000. Eminence Capital LP bought a new stake in Capital One Financial in the 2nd quarter valued at $127,465,000. Finally, APG Asset Management N.V. increased its holdings in Capital One Financial by 189.0% in the 2nd quarter. APG Asset Management N.V. now owns 43,576 shares of the financial services provider’s stock valued at $5,629,000 after buying an additional 28,500 shares during the period. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling

In related news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at approximately $5,438,491.24. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

COF has been the topic of several analyst reports. BTIG Research initiated coverage on shares of Capital One Financial in a report on Friday, June 7th. They issued a “neutral” rating on the stock. Bank of America increased their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Evercore ISI dropped 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 report on Tuesday, June 25th. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday, July 8th. Finally, Citigroup assumed coverage on shares of Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 target price for the company. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $147.21.

Capital One Financial Stock Up 0.9 %

Shares of NYSE COF opened at $149.08 on Friday. The firm has a market capitalization of $56.68 billion, a PE ratio of 11.67, a price-to-earnings-growth ratio of 1.21 and a beta of 1.44. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. Capital One Financial Co. has a 1 year low of $88.23 and a 1 year high of $154.18. The firm’s 50-day moving average is $142.60 and its 200-day moving average is $141.26.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). The business had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the business posted $3.52 EPS. Equities analysts expect that Capital One Financial Co. will post 12.91 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Capital One Financial Profile

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.