Quantinno Capital Management LP Buys 55,885 Shares of Capital One Financial Corporation $COF

Quantinno Capital Management LP lifted its stake in Capital One Financial Corporation (NYSE:COF) by 14.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 451,168 shares of the financial services provider’s stock after purchasing an additional 55,885 shares during the quarter. Quantinno Capital Management LP’s holdings in Capital One Financial were worth $82,307,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. First Command Advisory Services Inc. raised its stake in Capital One Financial by 4.5% during the fourth quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock valued at $259,000 after buying an additional 46 shares during the last quarter. Dogwood Wealth Management LLC grew its stake in shares of Capital One Financial by 26.0% in the fourth quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock worth $55,000 after acquiring an additional 47 shares during the last quarter. Pflug Koory LLC increased its holdings in shares of Capital One Financial by 1.6% during the fourth quarter. Pflug Koory LLC now owns 3,086 shares of the financial services provider’s stock valued at $748,000 after acquiring an additional 48 shares in the last quarter. High Note Wealth LLC increased its holdings in shares of Capital One Financial by 44.9% during the fourth quarter. High Note Wealth LLC now owns 155 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 48 shares in the last quarter. Finally, Fiducient Advisors LLC raised its position in shares of Capital One Financial by 4.2% in the 4th quarter. Fiducient Advisors LLC now owns 1,196 shares of the financial services provider’s stock worth $290,000 after purchasing an additional 48 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on COF. Argus dropped their price target on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $215.00 to $245.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a report on Saturday. Citigroup dropped their target price on shares of Capital One Financial from $310.00 to $295.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, HSBC upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and increased their price target for the company from $226.00 to $229.00 in a report on Sunday, July 12th. Twenty research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $259.14.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $212.31 on Wednesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $132.12 billion, a price-to-earnings ratio of 13.14, a price-to-earnings-growth ratio of 0.77 and a beta of 1.02. The business has a 50-day simple moving average of $196.38 and a two-hundred day simple moving average of $199.56. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping analysts’ consensus estimates of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The firm had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. During the same period in the previous year, the business posted $5.48 earnings per share. The business’s revenue for the quarter was up 26.9% on a year-over-year basis. On average, analysts expect that Capital One Financial Corporation will post 20.13 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were issued a $0.80 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $3.20 annualized dividend and a yield of 1.5%. Capital One Financial’s dividend payout ratio (DPR) is currently 19.80%.

Insider Buying and Selling

In other Capital One Financial news, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the sale, the insider owned 61,579 shares of the company’s stock, valued at approximately $11,858,883.82. The trade was a 2.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 business’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total transaction of $728,000.00. Following the sale, the general counsel owned 90,194 shares of the company’s stock, valued at approximately $18,760,352. This represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 8,749 shares of company stock valued at $1,708,577. 0.78% of the stock is currently owned by insiders.

Capital One Financial 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.