Traub Capital Management LLC Acquires New Stake in Capital One Financial Corporation $COF

Traub Capital Management LLC acquired a new position in Capital One Financial Corporation (NYSE:COF) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,210 shares of the financial services provider’s stock, valued at approximately $683,000.

A number of other institutional investors also recently modified their holdings of COF. Earned Wealth Advisors LLC bought a new position in shares of Capital One Financial in the second quarter worth $254,000. Plancorp LLC purchased a new stake in Capital One Financial during the 2nd quarter worth about $272,000. Smith Chas P & Associates PA Cpas boosted its stake in Capital One Financial by 1,490.0% in the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 43,486 shares of the financial services provider’s stock worth $9,252,000 after purchasing an additional 40,751 shares during the period. Private Advisor Group LLC boosted its stake in Capital One Financial by 15.3% in the 1st quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider’s stock worth $1,776,000 after purchasing an additional 1,312 shares during the period. Finally, Callodine Capital Management LP grew its holdings in Capital One Financial by 200.0% during the 1st quarter. Callodine Capital Management LP now owns 150,000 shares of the financial services provider’s stock valued at $26,895,000 after buying an additional 100,000 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Neal Blinde sold 43,200 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the completion of the sale, the insider directly owned 73,020 shares in the company, valued at $16,198,026.60. The trade was a 37.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $219.41, for a total value of $438,820.00. Following the transaction, the general counsel owned 96,486 shares in the company, valued at $21,169,993.26. This trade represents a 2.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 274,013 shares of company stock worth $61,045,903 over the last quarter. 1.26% of the stock is currently owned by insiders.

Capital One Financial Trading Down 0.2%

NYSE:COF opened at $200.61 on Wednesday. The firm has a market capitalization of $127.53 billion, a P/E ratio of 84.64, a P/E/G ratio of 0.70 and a beta of 1.19. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The company has a fifty day moving average of $217.89 and a 200 day moving average of $211.42. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $232.45.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The business had revenue of $15.46 billion during the quarter. On average, research analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, November 17th. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. Capital One Financial’s dividend payout ratio is currently 135.02%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods upped their price target on shares of Capital One Financial from $248.00 to $260.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. Morgan Stanley upped their target price on Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Barclays lifted their price target on Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $235.00 to $237.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 22nd. Finally, Evercore ISI raised their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a research note on Tuesday, September 30th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $261.63.

Capital One Financial Profile

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.