Stableford Capital II LLC Makes New Investment in Capital One Financial Corporation $COF

Stableford Capital II LLC acquired a new stake in shares of Capital One Financial Corporation (NYSE:COF) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 2,858 shares of the financial services provider’s stock, valued at approximately $608,000.

Several other large investors have also modified their holdings of COF. WPG Advisers LLC acquired a new position in Capital One Financial during the first quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC grew its stake in shares of Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after buying an additional 62 shares during the period. Olistico Wealth LLC increased its holdings in shares of Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after buying an additional 101 shares during the last quarter. Saudi Central Bank purchased a new position in shares of Capital One Financial in the 1st quarter worth $27,000. Finally, RMG Wealth Management LLC acquired a new position in Capital One Financial in the second quarter valued at $27,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on COF shares. Citigroup upped their price target on Capital One Financial from $275.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Robert W. Baird raised their price target on shares of Capital One Financial from $245.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. BTIG Research reiterated a “buy” rating and set a $264.00 price objective on shares of Capital One Financial in a research note on Wednesday, October 22nd. Wolfe Research assumed coverage on shares of Capital One Financial in a research note on Monday, December 8th. They issued an “outperform” rating and a $270.00 target price on the stock. Finally, UBS Group reduced their target price on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a report on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $265.25.

Capital One Financial Stock Performance

Shares of COF stock opened at $244.20 on Monday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The company’s fifty day moving average price is $220.91 and its two-hundred day moving average price is $217.00. The firm has a market capitalization of $155.25 billion, a P/E ratio of 103.04, a P/E/G ratio of 0.56 and a beta of 1.16. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $244.82.

Capital One Financial (NYSE:COF) last announced its earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) 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 for the quarter. On average, research analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were issued a dividend of $0.80 per share. The ex-dividend date was Monday, November 17th. This represents a $3.20 annualized dividend and a yield of 1.3%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio (DPR) is presently 135.02%.

Insider Buying and Selling

In other news, insider Celia Karam sold 2,936 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $218.15, for a total transaction of $640,488.40. Following the completion of the transaction, the insider directly owned 63,433 shares in the company, valued at approximately $13,837,908.95. This represents a 4.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Frank G. LapradeIii sold 17,840 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $222.03, for a total transaction of $3,961,015.20. Following the sale, the insider directly owned 48,315 shares of the company’s stock, valued at $10,727,379.45. The trade was a 26.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 280,218 shares of company stock worth $62,395,804 over the last 90 days. 1.26% of the stock is currently owned by corporate insiders.

About Capital One Financial

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.