Capital One Financial Corporation $COF Shares Purchased by Brighton Jones LLC

Brighton Jones LLC boosted its holdings in Capital One Financial Corporation (NYSE:COF) by 27.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,872 shares of the financial services provider’s stock after acquiring an additional 9,434 shares during the quarter. Brighton Jones LLC’s holdings in Capital One Financial were worth $8,470,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of COF. Compass Wealth Management LLC purchased a new stake in shares of Capital One Financial during the 3rd quarter worth $25,000. Solstein Capital LLC acquired a new position in shares of Capital One Financial during the 2nd quarter worth $26,000. Torren Management LLC grew its stake in shares of Capital One Financial by 114.8% during the 3rd quarter. Torren Management LLC now owns 131 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 70 shares during the period. Gilpin Wealth Management LLC acquired a new position in shares of Capital One Financial during the 3rd quarter worth $27,000. Finally, Ballast Advisors LLC purchased a new position in shares of Capital One Financial in the 1st quarter valued at about $27,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In related news, insider Celia Karam sold 1,927 shares of the stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $195.86, for a total value of $377,422.22. Following the sale, the insider directly owned 55,774 shares of the company’s stock, valued at approximately $10,923,895.64. This represents a 3.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Richard D. Fairbank sold 90,743 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $204.86, for a total transaction of $18,589,610.98. Following the transaction, the chief executive officer owned 3,968,520 shares of the company’s stock, valued at $812,991,007.20. This trade represents a 2.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 205,937 shares of company stock valued at $42,135,820 over the last 90 days. 0.78% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently commented on COF shares. Wolfe Research raised their price objective on shares of Capital One Financial from $255.00 to $275.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Evercore reissued an “outperform” rating and set a $230.00 price objective on shares of Capital One Financial in a report on Tuesday, October 27th. HSBC upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and upped their target price for the stock from $226.00 to $229.00 in a research report on Sunday, July 12th. Morgan Stanley dropped their target price on shares of Capital One Financial from $273.00 to $267.00 and set an “overweight” rating for the company in a report on Monday, October 12th. Finally, JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $227.00 to $241.00 and gave the company an “overweight” rating in a report on Wednesday, October 21st. Twenty analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and an average target price of $256.50.

Capital One Financial Stock Down 0.9%

COF opened at $202.03 on Friday. The business’s fifty day moving average is $203.60 and its two-hundred day moving average is $200.92. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market cap of $121.53 billion, a price-to-earnings ratio of 11.93, a PEG ratio of 0.92 and a beta of 1.10. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, October 20th. The financial services provider reported $6.69 earnings per share for the quarter, beating the consensus estimate of $5.53 by $1.16. Capital One Financial had a return on equity of 11.64% and a net margin of 13.70%. The company had revenue of $16.31 billion for the quarter, compared to analyst estimates of $16.25 billion. During the same quarter in the prior year, the company earned $5.95 earnings per share. Capital One Financial’s revenue was up 6.4% compared to the same quarter last year. Analysts anticipate that Capital One Financial Corporation will post 21.53 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, November 16th. Capital One Financial’s payout ratio is 18.89%.

About Capital One Financial