Capital One Financial Corporation $COF Shares Purchased by Smith Chas P & Associates PA Cpas

Smith Chas P & Associates PA Cpas increased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 38.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 38,366 shares of the financial services provider’s stock after buying an additional 10,626 shares during the period. Smith Chas P & Associates PA Cpas’ holdings in Capital One Financial were worth $9,298,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Severin Investments LLC boosted its holdings in Capital One Financial by 7.8% in the 4th quarter. Severin Investments LLC now owns 2,624 shares of the financial services provider’s stock valued at $636,000 after purchasing an additional 190 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc boosted its holdings in Capital One Financial by 11.4% in the 4th quarter. Texas Capital Bank Wealth Management Services Inc now owns 2,101 shares of the financial services provider’s stock valued at $509,000 after purchasing an additional 215 shares during the last quarter. Knights of Columbus Asset Advisors LLC boosted its holdings in Capital One Financial by 157.8% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 36,066 shares of the financial services provider’s stock valued at $8,741,000 after purchasing an additional 22,074 shares during the last quarter. Expressive Wealth LLC acquired a new position in Capital One Financial in the 4th quarter valued at about $358,000. Finally, TrustBank acquired a new position in Capital One Financial in the 4th quarter valued at about $67,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Lia Dean sold 1,692 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total transaction of $314,052.12. Following the sale, the insider directly owned 65,454 shares of the company’s stock, valued at $12,148,916.94. This represents a 2.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the sale, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. The trade was a 3.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 8,040 shares of company stock valued at $1,498,615 in the last ninety days. Company insiders own 0.78% of the company’s stock.

Capital One Financial Price Performance

Capital One Financial stock opened at $189.03 on Thursday. The company’s 50 day simple moving average is $188.87 and its 200-day simple moving average is $209.73. The company has a market capitalization of $117.63 billion, a price-to-earnings ratio of 66.33, a price-to-earnings-growth ratio of 0.68 and a beta of 1.05. Capital One Financial Corporation has a 1 year low of $174.98 and a 1 year high of $259.64. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The company had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. Capital One Financial’s revenue was up 52.3% on a year-over-year basis. During the same period last year, the firm posted $4.06 earnings per share. As a group, equities research analysts expect that Capital One Financial Corporation will post 19.14 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 19th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 19th. Capital One Financial’s dividend payout ratio is presently 112.28%.

Analysts Set New Price Targets

Several equities analysts have weighed in on COF shares. Morgan Stanley decreased their target price on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. BTIG Research reiterated a “buy” rating and issued a $224.00 target price on shares of Capital One Financial in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $213.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Finally, Rothschild & Co Redburn decreased their target price on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Seventeen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and an average price target of $258.75.

Capital One Financial Company 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.