Insigneo Advisory Services LLC Raises Stock Position in Capital One Financial Co. (NYSE:COF)

Insigneo Advisory Services LLC lifted its position in Capital One Financial Co. (NYSE:COF) by 15.5% in the second quarter, Holdings Channel reports. The firm owned 2,588 shares of the financial services provider’s stock after buying an additional 347 shares during the period. Insigneo Advisory Services LLC’s holdings in Capital One Financial were worth $340,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of COF. Gryphon Financial Partners LLC increased its stake in shares of Capital One Financial by 3.3% during the fourth quarter. Gryphon Financial Partners LLC now owns 3,538 shares of the financial services provider’s stock valued at $464,000 after buying an additional 114 shares during the period. Parallel Advisors LLC raised its holdings in shares of Capital One Financial by 5.6% in the 4th quarter. Parallel Advisors LLC now owns 7,059 shares of the financial services provider’s stock valued at $926,000 after purchasing an additional 374 shares in the last quarter. TD Asset Management Inc lifted its position in shares of Capital One Financial by 8.3% in the 4th quarter. TD Asset Management Inc now owns 136,643 shares of the financial services provider’s stock worth $17,917,000 after purchasing an additional 10,510 shares during the period. Stifel Financial Corp boosted its stake in shares of Capital One Financial by 1.7% during the fourth quarter. Stifel Financial Corp now owns 211,358 shares of the financial services provider’s stock valued at $27,714,000 after purchasing an additional 3,613 shares in the last quarter. Finally, Fiduciary Trust Co purchased a new position in Capital One Financial during the fourth quarter valued at approximately $277,000. Institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

COF has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their target price on Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a report on Monday, July 8th. Evercore ISI dropped their price objective on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research report on Tuesday, June 25th. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and boosted their target price for the stock from $145.00 to $165.00 in a report on Thursday, June 6th. 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. Finally, Citigroup initiated coverage on shares of Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 price objective for the company. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial has an average rating of “Hold” and a consensus target price of $147.21.

Capital One Financial Trading Up 0.9 %

Capital One Financial stock opened at $149.08 on Friday. Capital One Financial Co. has a 52 week low of $88.23 and a 52 week high of $154.18. The stock has a 50-day moving average price of $142.60 and a 200 day moving average price of $141.26. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $56.68 billion, a price-to-earnings ratio of 11.67, a price-to-earnings-growth ratio of 1.21 and a beta of 1.44.

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

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.61%. Capital One Financial’s payout ratio is currently 18.79%.

Insider Activity

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

Capital One Financial Company 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.