77,100 Shares in Capital One Financial Corporation $COF Purchased by Helix Partners Management LP

Helix Partners Management LP acquired a new position in Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 77,100 shares of the financial services provider’s stock, valued at approximately $15,467,802. Capital One Financial accounts for 0.0% of Helix Partners Management LP’s holdings, making the stock its 5th largest position.

Other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Capital One Financial during the fourth quarter valued at $2,089,803,000. W1M Asset Management Ltd acquired a new stake in Capital One Financial during the second quarter worth approximately $368,652,000. Viking Global Investors LP raised its position in Capital One Financial by 30.3% in the third quarter. Viking Global Investors LP now owns 7,388,506 shares of the financial services provider’s stock worth $1,570,649,000 after acquiring an additional 1,717,148 shares in the last quarter. Bessemer Group Inc. grew its holdings in Capital One Financial by 7,143.2% in the 4th quarter. Bessemer Group Inc. now owns 1,448,126 shares of the financial services provider’s stock valued at $350,966,000 after buying an additional 1,428,133 shares during the period. Finally, AQR Capital Management LLC lifted its position in shares of Capital One Financial by 64.9% during the fourth quarter. AQR Capital Management LLC now owns 3,366,692 shares of the financial services provider’s stock worth $815,951,000 after purchasing an additional 1,324,845 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling

In related news, CAO Timothy P. Golden sold 3,487 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total transaction of $735,757.00. Following the sale, the chief accounting officer owned 7,429 shares in the company, valued at approximately $1,567,519. This represents a 31.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 5,473 shares of Capital One Financial stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $218.02, for a total transaction of $1,193,223.46. Following the sale, the insider owned 27,992 shares of the company’s stock, valued at approximately $6,102,815.84. The trade was a 16.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 26,267 shares of company stock worth $5,617,648 in the last quarter. 0.78% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. HSBC raised Capital One Financial from a “hold” rating to a “buy” rating and lifted their price objective for the company from $226.00 to $229.00 in a research report on Sunday, July 12th. Wolfe Research upped their price objective on shares of Capital One Financial from $255.00 to $275.00 and gave the stock an “outperform” rating in a research report on Tuesday. Barclays reduced their target price on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft set a $245.00 price target on shares of Capital One Financial in a research report on Thursday, August 20th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $215.00 to $245.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Twenty-one equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and an average price target of $258.91.

Capital One Financial Stock Up 0.0%

Shares of COF traded up $0.09 during mid-day trading on Friday, reaching $216.76. 1,484,742 shares of the stock traded hands, compared to its average volume of 4,838,057. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64. The stock has a fifty day simple moving average of $210.04 and a 200 day simple moving average of $197.87. The firm has a market cap of $132.98 billion, a price-to-earnings ratio of 13.41, a P/E/G ratio of 0.80 and a beta of 1.02.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The company had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. During the same quarter in the prior year, the company earned $5.48 EPS. The firm’s quarterly revenue was up 26.9% on a year-over-year basis. Sell-side analysts expect that Capital One Financial Corporation will post 20.29 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 17th. Capital One Financial’s dividend payout ratio (DPR) is 19.80%.

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.