Scientech Research LLC Acquires Shares of 1,649 Capital One Financial Co. (NYSE:COF)

Scientech Research LLC bought a new stake in shares of Capital One Financial Co. (NYSE:COF) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,649 shares of the financial services provider’s stock, valued at approximately $228,000.

Several other large investors have also recently modified their holdings of the stock. Silicon Valley Capital Partners purchased a new position in Capital One Financial during the first quarter worth $25,000. LRI Investments LLC purchased a new position in shares of Capital One Financial during the 1st quarter worth about $25,000. Y.D. More Investments Ltd bought a new position in Capital One Financial during the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC purchased a new stake in Capital One Financial in the 2nd quarter worth about $29,000. Finally, Bartlett & CO. Wealth Management LLC boosted its position in shares of Capital One Financial by 726.7% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after buying an additional 218 shares during the period. Institutional investors own 89.84% of the company’s stock.

Insiders Place Their Bets

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

Capital One Financial Stock Up 0.4 %

Shares of COF stock opened at $149.73 on Tuesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $154.18. The firm has a market capitalization of $56.93 billion, a PE ratio of 11.73, a P/E/G ratio of 1.21 and a beta of 1.44. The stock’s 50-day simple moving average is $142.69 and its 200-day simple moving average is $141.34.

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

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.60%. The ex-dividend date was Monday, August 12th. Capital One Financial’s payout ratio is 18.79%.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of research analyst reports. BTIG Research started coverage on Capital One Financial in a research note on Friday, June 7th. They set a “neutral” rating for the company. Citigroup began coverage on shares of Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 target price on the stock. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $145.00 to $165.00 in a research note on Thursday, June 6th. Bank of America raised their price objective on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. Finally, JPMorgan Chase & Co. lifted their price objective 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. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $147.21.

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.